The FRAX Protocol brought into the crypto space the concept of a digital asset that can be a fractional and algorithmic stablecoin. This means that FRAX stablecoin is backed partially by collateral and partially via some stabilized algorithms. FRAX is designed to become the first stablecoin protocol that delivers a stable, trustless and highly scalable token.
price:$0.995954
market cap:$669.0M
24 Hour Trading Vol:$4.0M
Circulating Supply:671.7M
Total Supply:671.7M
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