BTC
$84,290.51
-
1.24%ETH
$1,576.16
-
1.42%USDT
$0.9997
+
0.00%XRP
$2.0475
-
1.77%BNB
$590.22
+
0.20%SOL
$136.84
-
1.50%USDC
$0.9997
-
0.01%TRX
$0.2447
+
0.67%DOGE
$0.1538
-
2.81%ADA
$0.6159
-
1.95%LEO
$9.3458
-
0.03%LINK
$12.96
+
1.29%AVAX
$19.35
-
1.40%TON
$2.9761
+
0.14%XLM
$0.2422
-
1.84%SHIB
$0.0₄1216
-
0.19%SUI
$2.1085
-
1.58%HBAR
$0.1623
-
1.74%BCH
$333.90
-
1.17%HYPE
$17.65
-
1.65%Sign Up
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About Frax Price Index Share
Frax is a fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and 12 other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The Frax ecosystem has 2 stablecoins: FRAX (pegged to the US dollar) & FPI (pegged to the Consumer Price Index).