Frax

Frax is on the decline this week.

FRAX, which is ranked 44, is currently changing hands for around $0.9994, which has shown a decrease of -0.19% in the past 24 hours. It is now in the red over the past 7 days, with a drop of -0.23% in its price. However, over the same period of 7 days, FRAX still outperforms AMPL, it's closest competitor from the Algorithmic Stablecoins category, as AMPL fell by -6.78% over the same period.

Frax has had its trading volume $16.17 M over the past 24 hours. 77.71% of the overall volume has been contributed by the FRAX/FXS pair on Uniswap V2 (Ethereum).

FRAX's current market cap is $1.00 B. The digital asset now accounts for approximately 0.09% of the total crypto market cap. This, however, is $2.83 M short of USDP, which is ranked 43 by market capitalisation.

FRAX's 1 year high value of $1.05 was achieved on Nov 14, 2022. 1 year low, however, was marked at $0.9041 on Mar 11, 2023.

The current circulating supply is 1.00 B FRAX.