Frax (FRAX)
Rank #163 Algorithmic Stablecoin Arbitrum Ecosystem Avalanche Ecosystem DeFi Fantom Ecosystem Moonriver Ecosystem Optimism Ecosystem Polygon Ecosystem Seigniorage Stablecoin USD Stablecoin Updated February 13, 2025
$0.9952 +0.19% (24h)
Market Cap$274.6M
24h Volume$890.0K
Exchanges22
Buy FRAX on
Our Quick Take on Frax
Frax (FRAX) is a smaller-cap project that carries higher risk but potential upside, currently ranked #163 with a market cap of $274.6 million. It trades on 22 exchanges including Binance. ⚠️ Note: Very low daily trading volume ($890.0K): do your own research before investing.
Investing in Frax (FRAX)
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CoinClarity Score: 62/100
Frax has been live for 5 years (since December 2020) and currently sits at #163 by market cap ($274.6 million), with moderate daily volume of $890.0K across 22 exchanges. It's trading 12.7% below its all-time high of $1.14 set on Feb 7, 2021. 0% of the maximum supply is already in circulation, which limits future dilution risk.
The CoinClarity Score of 62/100 is based on 10 data-driven signals including liquidity depth, exchange quality, supply health, and price momentum. For a full breakdown of what these signals mean for Frax's price trajectory, including technical trend analysis and detailed indicator scores, see our Frax price analysis & prediction page.
Where to Buy Frax (FRAX) — 22 Exchanges
Ranked by CoinClarity Score (volume 50%, trust 30%, net price 20%)
| Exchange | Score | Trust | Fees | FRAX Vol | |
|---|---|---|---|---|---|
 Binance Our Pick | — | 10/10 | 0.10%/0.10% | $6.31B total | Visit Review |
| Kraken Best for Beginners | — | 10/10 | 0.25%/0.40% | $599.5M total | Visit Review |
| Bybit | — | 10/10 | 0.10%/0.10% | $1.41B total | Visit Review |
| Gate.io | — | 10/10 | 0.20%/0.20% | $1.46B total | Visit Review |
| Bitget | — | 10/10 | 0.10%/0.10% | $651.2M total | Review |
| MEXC Lowest Fees | — | 9/10 | 0.00%/0.05% | $2.01B total | Visit Review |
| Crypto.com Exchange | — | 9/10 | 0.15%/0.30% | $1.10B total | Review |
| BingX | — | 9/10 | 0.02%/0.04% | $751.6M total | Visit Review |
| XT.COM | — | 8/10 | 0.04%/0.06% | $1.44B total | Review |
| Phemex | — | 8/10 | 0.01%/0.06% | $570.3M total | Review |
Show all 22 exchanges
✓ Strengths
- Listed on 22 exchanges including major platforms
- Established project (5 years track record)
- Open-source development (GitHub active)
- 719 trading pairs provide good liquidity
- Published whitepaper available
✗ Weaknesses
- Relatively low daily trading volume
- Outside the top 100: higher risk profile
- All cryptocurrencies carry significant volatility and investment risk
Frax Analysis
Frax is a cryptocurrency that is identified by the symbol FRAX.
Frax Tokenomics
Price
$0.9952
Market Cap
$274.6 million
Circulating Supply
275.9 million FRAX
Max Supply
No cap
All-Time High
$1.14 Feb 7, 2021
All-Time Low
$0.8745 Mar 11, 2023
FDV
N/A
Trading Pairs
719
Frax Resources
Frequently Asked Questions
What is Frax (FRAX)?
Frax is a Algorithmic Stablecoin, Arbitrum Ecosystem, Avalanche Ecosystem, DeFi, Fantom Ecosystem, Moonriver Ecosystem, Optimism Ecosystem, Polygon Ecosystem, Seigniorage, Stablecoin, USD Stablecoin cryptocurrency ranked #163 by market cap at $274.6 million. It currently trades at $0.9952 across 22 exchanges. The project has been live for 5 years.
What makes Frax different from other cryptocurrencies?
Frax belongs to the Algorithmic Stablecoin, Arbitrum Ecosystem, Avalanche Ecosystem, DeFi, Fantom Ecosystem, Moonriver Ecosystem, Optimism Ecosystem, Polygon Ecosystem, Seigniorage, Stablecoin, USD Stablecoin category. It has no fixed supply cap. It trades on 22 exchanges with 719 trading pairs, which indicates strong market adoption.
How does the Frax network work?
Frax is a Algorithmic Stablecoin, Arbitrum Ecosystem, Avalanche Ecosystem, DeFi, Fantom Ecosystem, Moonriver Ecosystem, Optimism Ecosystem, Polygon Ecosystem, Seigniorage, Stablecoin, USD Stablecoin project that launched in December 2020. Learn more on the <a href="https://frax.finance" target="_blank" rel="nofollow noopener">official Frax website</a>. The <a href="https://docs.frax.finance/overview" target="_blank" rel="nofollow noopener">whitepaper</a> covers the full technical design.
Where can I learn more about Frax?
For buying options and exchange comparisons, see our <a href="/coin/frax/where-to-buy/">where to buy Frax</a> guide. For price data, charts, and market analysis, visit our <a href="/coin/frax/price/">Frax price & prediction</a> page.
Ready to buy Frax?
Compare 22 exchanges. We recommend Kraken in the US (10/10 trust)
Buy FRAX on Kraken Affiliate Disclosure: CoinClarity may earn a commission when you use our affiliate links to visit exchanges. This does not influence our rankings or recommendations. We evaluate exchanges based on trust score, fees, and user experience. Always do your own research before investing in cryptocurrency.
