Frax

Name: Frax
Brand: Cryptocurrency
SKU: FRAX
Price: 0.986962 USD
Availability: InStock

FRAX

0x853d...75b99e

BUY FRAX

$0.987

-$0.008358(-0.85%)Today

Market cap

272.25M

Total volume (24h)

272.92K

Volume / Market cap

0.0010

Circulating supply

275.85M

Day range (24h)

$0.9863$0.9985

All-time low

$0.8745

All-time high

$1.14

About Frax (FRAX)

Frax (FRAX) is a decentralized cryptocurrency. Today, May 31, 2026 03:39 UTC, FRAX is currently trading at $0.99 with a market cap of $272,252,633 and 24h volume of $272,917.

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.

HOW TO BUY FRAX

Price history

Today (May 31, 2026)	$0.987	-0.85%
24 hours ago (May 30, 2026)	$0.9954	-0.85%
1 week ago (May 24, 2026)	$0.9922	-0.52%
1 month ago (May 1, 2026)	$0.9992	-1.23%
1 year ago (May 31, 2025)	$0.9994	-1.24%

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FRAX market moves

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.

May 22, 2026

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