The below Frax Share price chart tracks the price of Frax Share against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
✓Fractional algorithmic stablecoin ✓Governance token ✓Open-source
Frax is the world’s first fractional-algorithmic stablecoin. Unlike other decentralised stablecoins, its algorithm doesn’t require it to be fully collateralised. The coin was launched in 2020 and is governed by the FXS community. It runs on the Ethereum blockchain and is completely permissionless and open-sourced.
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Quickly compare the past seven days’ price movements of Frax Share with other cryptocurrencies.