Frax

Frax
FRAX
Contract address
0x853d...75b99e
Copy FRAX contract address
$0.9953
$0.004156(+0.42%)Today
Market cap
274.60M
Total volume (24h)
497.68K
Volume / Market cap
0.0018
Circulating supply
275.85M
Day range (24h)
$0.9854$0.9963
All-time low
$0.8745
All-time high
$1.14

About Frax (FRAX)

Frax (FRAX) is a decentralized cryptocurrency. Today, May 30, 2026 02:03 UTC, FRAX is currently trading at $1 with a market cap of $274,596,181 and 24h volume of $497,677.

The all-time high of Frax was $1.14 and the all-time low was $0.87.

You can buy, sell, manage, and trade FRAX directly in MetaMask.

Price history

Today (May 30, 2026)$0.9953+0.42%
24 hours ago (May 29, 2026)$0.9911+0.42%
1 week ago (May 23, 2026)$0.9917+0.36%
1 month ago (April 30, 2026)$0.9925+0.27%
1 year ago (May 30, 2025)$0.999-0.37%

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FRAX market moves

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24h change: +0.05%. From $0.9914 to $0.9919.

  • Following the 2025 North Star Hardfork and FIP-428, the original FRAX stablecoin was renamed Legacy Frax Dollar to distinguish it from newer products. It preserves its role for backward compatibility with a circulating supply of roughly 276 to 280 million tokens while primary innovation focuses on frxUSD backed by tokenized Treasuries such as BlackRock's BUIDL. The token continues to trade in a tight range around its $1 target with minimal volatility. This restructuring clarifies product roles across the Frax ecosystem including Fraxtal.
  • Frax is upgrading Frax Bonds on Fraxtal to change the underlying asset from frxUSD to Legacy Frax Dollar under FIP-430. The work including code and tests is nearly complete pending audit. This aligns instruments with the post-North Star token architecture and enshrined custodian model. It demonstrates ongoing technical maintenance of legacy components alongside new stablecoin development.
  • Incentives for supplying frxUSD went live on Aave V4 main market. Community discussion highlights strong yields in frxUSD pairs with some pools offering over 20 percent APY. These moves expand utility of Frax stablecoins in leading DeFi platforms. Legacy Frax Dollar remains part of the broader ecosystem supported for compatibility.

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