Frax Share (FXS): A Stablecoin That Acts Like a Decentralized Bank

$7.63

buy/sell Frax Share

Frax Share (FXS): Everything You Need to Know as a Crypto Investor

Frax Share (FXS) is the native token of the Frax Protocol, which is a decentralized stablecoin protocol that combines elements of both algorithmic and collateralized stablecoins to maintain its peg to the US dollar. FXS is designed to incentivize and reward users who participate in the governance and stability of the Frax Protocol, with a portion of the protocol's revenue being distributed to FXS holders. As the Frax Protocol aims to provide a more stable and reliable alternative to traditional stablecoins, FXS provides users with the opportunity to benefit from the success of the protocol.

Frax Share (FXS) price chart, [1 week]

Frax Share (FXS) cryptocurrency

Frax Share (FXS) is a cryptocurrency native to the Frax blockchain protocol. It is designed to serve as a way to stabilize the value of Frax, the protocol's stablecoin. FXS can be used for governance purposes, such as voting on changes to the protocol, as well as for earning rewards through liquidity provision and borrowing.

Frax Share has a limited maximum supply of 100 million tokens, with a certain percentage being distributed through various mechanisms such as liquidity mining and community grants. The remaining tokens will be used for future development and improvement of the protocol.

Overall, Frax Share serves as a valuable utility token within the Frax ecosystem, providing benefits such as governance rights, liquidity rewards, and price stabilization for Frax.

Frax Share (FXS) Price Prediction

Frax Share (FXS) is a cryptocurrency that is used to stabilize the value of Frax stablecoin through a decentralized monetary policy. As such, the price of FXS is closely tied to the adoption and growth of the Frax stablecoin.

Current FXS Price: $7.50 USD

Here are some possible FXS price predictions for the future:

Overall, the future of FXS will depend largely on the success of the Frax stablecoin and its ability to maintain its value and attract new users in a competitive cryptocurrency market.

Frax Share (FXS) is Good for Investment?

If you are interested in investing in cryptocurrencies, you may have heard of Frax Share (FXS). Frax Share is the governance token of the Frax stablecoin ecosystem, which is designed to provide a more stable and sustainable alternative to traditional fiat currencies.

So, is Frax Share a good investment? Here are some things to consider:

Of course, like any investment, there are also risks to consider. DeFi protocols are still a relatively new and untested market, and there is always the potential for regulatory or technical issues to arise.

In conclusion, Frax Share (FXS) could be a good investment option for those looking for exposure to the stablecoin ecosystem and wanting governance rights over the Frax protocol. However, investors should always do their own research and consider the potential risks before making any investment decisions.

Where to Buy Frax Share (FXS) Cryptocurrency?

If you're interested in purchasing Frax Share cryptocurrency, here are a few options for where to buy it.

Coinbase: One of the most popular cryptocurrency exchanges, Coinbase allows you to buy Frax Share using a bank transfer or credit card.

Binance: Binance is a global cryptocurrency exchange that also allows you to buy, sell, and trade Frax Share.

Kraken: Kraken is a well-known cryptocurrency exchange that offers trading pairs with FXS. It offers fees that are how many traders prefer to keep their trading costs low.

Uniswap: Uniswap is a decentralized exchange that allows you to trade Frax Share and other cryptocurrencies.

Factors to Consider When Buying Frax Share (FXS)

Before buying Frax Share, there are a few factors that you should consider:

By considering these factors, you can make a more informed decision when buying Frax Share cryptocurrency.

List of all exchanges for FXS trading 

crypto exchange volume 1h, USD volume 1d, USD volume 1m, USD to website
KrakenKraken 90,353,992.26 3,194,313,389.4 69,601,180,496.36 open
BinanceBinance 502,824,167.29 9,090,068,510.83 188,021,668,265.13 open
BITHUMBBITHUMB 5,513,327.62 194,320,155.65 3,746,650,476.72 open
GeminiGemini 2,463,829.41 83,701,125 2,274,562,528.5 open
BittrexBittrex 146,814.79 3,073,349,378.36 41,831,266,224,903.31 open
POLONIEXPOLONIEX - - - open
Huobi GlobalHuobi Global 1,005,400,507.9 10,817,681,562.41 1,360,101,686,184.9 open
OKExOKEx 2,380,445,668.47 39,517,338,303.71 1,612,989,626,930.74 open
HitBTCHitBTC 19,791,120.51 484,138,429.18 15,830,480,116.63 open
KucoinKucoin 49,187,724.63 33,734,801,998.95 335,758,426,170.95 open
BiboxBibox - - - open
Kraken FuturesKraken Futures 2,739,765 48,573,498 790,383,965 open
FreiExchangeFreiExchange - - - open
BitmaxBitmax 1,944,631,440.37 17,968,911,810.15 9,483,205,430,572,956 open
BigONEBigONE 30,223,741.45 695,329,874.08 31,059,033,373.06 open
DigiFinexDigiFinex 1,297,889,598.74 35,576,044,616.3 1,263,421,715,269.09 open
LATOKENLATOKEN 1,346,170.31 40,065,522.93 22,467,500,059,962.35 open
LBankLBank 1,299,655,579,933.51 46,787,602,132,944.59 2,877,357,285,931,114 open
BitMartBitMart - - 49,613,395,428,461,970 open
CryptologyCryptology 2,954,244.13 49,054,188.01 988,186,833.43 open
BitrueBitrue - - - open
BitForexBitForex 638,607,939,775.57 13,071,274,584,754.07 569,912,082,923,981.9 open
Gate.ioGate.io 26,476,452,860,590,824 649,168,688,929,442,600 19,254,978,731,058,377,000 open
IndodaxIndodax 136,607.57 10,506,027,800,979,844 1,017,454,926,642,614,100 open
BilaxyBilaxy - - - open

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Frax Share #84
rank coin price $ market cap $ volume 24h $ % 24h % 7d
1 70797.92 1,392,367,206,570 36,961,418,423 3.14 7.71
2 3553.00 426,614,659,798 17,616,049,369 1.38 2.4
3 0.99997 104,450,686,418 76,505,290,304 0.01 0.02
4 582.13 87,049,088,579 2,047,119,180 1.97 5.2
5 0.99997 32,226,926,435 8,518,689,093 -0.02 0.01
6 0.63359 34,774,365,869 1,802,281,486 2.99 -1.68
7 0.65131 23,174,492,989 518,675,811 1.95 3.07
8 0.22029 31,646,369,118 6,242,421,686 18.63 44.71
9 0.12014 10,542,241,553 267,433,203 0.59 -0.76
11 1.00 9,925,451,030 383,195,914 -2.37 1.07
12 95.46 7,098,220,642 688,844,570 1.01 11.47
13 9.47 13,512,103,853 266,849,240 0.37 2.17
14 4.96 17,210,985,001 136,740,112 -1.19 21.35
15 1.00 5,348,173,121 985,038,930 0 0
16 1.00 84,535,798 39,716,613 0 0.04
17 70732.68 10,993,040,756 201,197,901 2.6 7.45
18 0.0000316 18,608,970,849 1,745,686,489 4.81 16.05
19 54.42 20,540,611,212 540,432,720 1.16 0.86
21 1.00 494,724,154 62,730,008 -0.03 -0.37
22 12.25 4,790,545,329 253,578,725 -3.03 4.41
23 19.21 11,280,141,182 421,651,459 -0.39 3.8
24 12.33 7,383,427,446 143,643,165 -1.29 3.31
25 63.19 3,791,633,096 10,628,210 -1.58 5.44
26 135.37 2,492,946,934 51,380,954 -0.87 -3.14
27 32.46 4,747,614,911 263,951,519 3.25 7.98
28 0.13795 3,965,999,610 113,672,630 2.9 3.84
29 569.78 11,214,158,402 1,299,597,024 5.77 35.59
30 17.69 8,163,392,506 424,399,331 -13.82 44.2
31 9.14 4,824,655,811 249,924,143 0.18 1.37
32 2.90 2,589,237,348 86,629,772 -5.11 5.64
33 0.11719 3,949,399,804 66,439,509 2.89 6.12
34 17.16 6,810,989,601 329,130,523 -2.99 11.68
35 138.68 1,674,255,495 31,636,214 1.91 9.96
36 0.15305 4,066,736,806 29,157,844 3.83 10.27
38 7.21 7,595,286,720 376,483,417 -0.05 7.77
39 0.04543 3,303,067,220 80,487,226 3.41 9.91
41 0.41215 3,897,549,679 252,122,804 3.34 8.08
42 0.27317 2,207,870,158 85,487,181 0.55 10.41
43 32.42 655,425,218 5,919,256 2.88 4.41
44 3.42 4,966,712,742 135,671,877 2.98 1.44
45 61.03 1,632,359,910 33,151,646 0.33 0.85
46 2.01 1,218,559,279 57,668,610 1.07 5.79
48 0.99798 2,797,961,154 185,118,394 -1.12 -8.14
49 3.68 3,707,096,962 267,268,702 -1.05 8
50 126.09 1,861,951,732 100,185,595 -0.83 2.78
51 11.23 4,289,850,292 357,551,678 2.96 3.94
52 0.99915 731,216,079 7,450,541 0.06 0.01
53 0.68990 1,553,477,953 150,404,816 0.51 7.68
54 12.24 1,178,366,572 6,574,164 5.46 -16.91
55 1.07 1,195,516,553 130,191,264 0.3 5.47
56 1.39 1,357,114,323 44,915,236 0.6 11.89
57 3581.41 3,310,937,618 152,019,068 11.69 14.06
58 2.92 2,915,479,420 48,110,551 -1.65 2.93
59 0.66927 1,277,176,873 90,156,301 0.67 6.09
60 11.17 1,590,246,850 69,541,785 1.45 11.64
61 2.94 4,190,532,544 63,105,420 1.16 1.87
62 0.47796 1,838,661,534 108,040,289 0.6 2.25
63 0.99920 133,159,392 1,732,975 0.01 0.02
65 0.00016 906,850,050 48,588,255 0.99 9.75
66 0.69464 807,786,835 57,368,708 0.21 3.42
67 0.06642 2,012,480,188 182,634,479 0.11 16.91
68 37.76 3,526,791,340 127,892,768 -0.36 0.5
69 2197.57 404,016,776 8,831,952 1.37 1.75
70 92.81 1,825,786,187 108,501,669 1.67 16.54
72 0.26773 956,303,376 21,868,576 0.97 7.19
73 1.39 2,079,415,752 99,055,073 0.51 6.55
74 0.14215 1,263,467,492 60,149,679 0.62 4.86
76 0.05003 695,764,365 15,242,604 -0.11 10.12
78 0.03963 471,482,705 11,925,558 1.72 -1.9
79 0.35353 1,128,187,691 34,881,056 2.18 9.08
80 0.99654 1,079,111,904 27,213,078 1.12 3.09
81 45.20 430,912,764 21,931,348 0.03 -1.69
82 0.84938 137,798,218 3,128,541 -2.13 2.38
83 31.03 506,628,869 65,089,794 0.94 6.4
84 7.63 601,508,634 28,362,540 -0.58 4.13
86 0.0000662 1,301,509,718 86,730,850 1.49 28.37
87 9.47 913,652,268 81,488,720 5.02 34.8
88 1.26 1,354,699,435 54,670,740 -0.31 2.51
90 38.32 449,556,756 58,902,032 1.56 7.64
91 1.34 747,654,617 8,055,764 2.12 -0.31
92 0.45495 838,074,021 19,162,719 -1.9 -1.52
93 4.54 1,118,916,142 199,280,374 2.76 12.21
94 5.24 503,341,959 243,828,951 2.72 15.19
95 0.39287 536,945,225 33,854,864 -0.26 1.62
97 0.03691 641,175,572 76,387,476 3.91 9.64
98 367.81 952,475,693 14,419,758 2.51 6.25
99 0.03560 1,310,602,213 11,926,585 3.98 7.64
100 4.17 394,114,303 6,978,086 1.09 7.51
101 3.45 1,020,572,057 44,916,836 0.19 1.9
102 1.42 1,822,283,525 411,870,358 12.58 35.73
103 0.14028 941,773,238 37,167,688 -0.56 -2.25
104 0.49854 687,905,880 27,146,239 0.72 -1.09
105 0.59896 686,127,764 34,413,799 2.24 8.91
106 0.33427 498,202,761 34,665,647 -1.48 10.29
107 0.60583 910,383,883 63,980,731 1.27 4.38
108 4.25 420,719,011 40,969,403 -1.8 6.37
109 1.36 882,536,156 40,693,695 0.51 0.66
110 41.04 418,187,380 7,812,813 -0.88 0.76
111 0.05204 468,388,844 10,323,318 -2.85 8.03
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