FXS icon
FXS
Frax Share
$0.0000AUD
All
1W
1M
1Y

Frax Share (FXS)

24h

-0.00%

7d

-0.00%

1m

-0.00%

What is Frax Share (FXS)?

Frax Protocol is a revolutionary stablecoin system that uses a fractional-algorithmic approach. It is open-source, operates without permission, and all transactions take place on the blockchain. Currently, Frax is implemented on the Ethereum blockchain, with potential for cross-chain implementation in the future. The ultimate aim of the Frax Protocol is to create a highly scalable, decentralized algorithmic currency that can replace traditional fixed-supply digital assets such as Bitcoin.


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