Frax is on the rise this week.

FRAX, which is ranked 54, is currently changing hands for around $1.00, which has shown an increase of 0.59% in the past 24 hours. It is now in the green over the past 7 days, with a rise of 0.24% in its price. However, over the same period of 7 days, FRAX still underperforms AMPL, it's closest competitor from the Algorithmic Stablecoins category, as AMPL rose by 17.06% over the same period.

Frax has had its trading volume $34.09 M over the past 24 hours. 69.98% of the overall volume has been contributed by the FRAX/FXS pair on Uniswap (v2).

FRAX's current market cap is $1.02 B. The digital asset now accounts for approximately 0.09% of the total crypto market cap. This, however, is $99.75 M short of XTZ, which is ranked 53 by market capitalisation.

FRAX's 1 year high value of $4.26 was achieved on Mar 21, 2022. 1 year low, however, was marked at $0.9376 on May 13, 2022.

The current circulating supply is 1.02 B FRAX.