Market Cap

$2.52T

1.67%

24h Vol.

$112.28B

Dom.

56.68%

BTC

2.95%

ETH

0.25%

ETH Gas

Low

Avarage

High

Data by Etherscan

Fear & Greed

OGAudit

Portfolio

Watchlist

Value-generating projects are displayed here!

Frax (prev. FXS) FRAX Social Audit & Trust Score

Name: Frax (prev. FXS) (FRAX)
Brand: Frax (prev. FXS)
Rating: 42.92 (6 reviews)

$0.4032 3.14%

Low All Time High

$0.3846 5% 99.06% $42.80

Overview

Frax Share (FXS) offers innovative DeFi tools like a hybrid stablecoin and community-governed infrastructure. More

OG Score 42.92

Reviews 6

Market cap $38.53M

Market cap Rank #562

Market Data & Token Stats

Fully Diluted Valuation	$40.21M
24H Trading Volume	$728,117
24H Low / High	$0.3893 / $0.4046
Circulating Supply	95.51M
Total Supply	99.68M
Max Supply	∞

Market Health Signals

Vol / MC Ratio	1.89% Low
Circulating Ratio	95.82% Very High

Key Project Information

Categories	Decentralized Exchange (DEX) 25 more
Founder	Sam Kazemian 2 more
Website	frax.finance Whitepaper
Socials	1 more
Chains	Ethereum Ecosystem 10 more
Explorer	Ftmscan 8 more
Contracts	0x343....964d0 10 more

FRAX/USD Live Price Chart

24h 7d 1m All

$FRAX Community Sentiment

OGAudit Security Evaluation & Social Audit Metrics

OG Score

Only Verified Crypto OGs Can Rate

OG Score Rank #96/1358

Reviews 6

Gem Score 13.05

OGAudit Coin Evaluation Metrics

Innovation 47 .35

Security 41 .85

Community 38 .62

Tokenomics 45 .90

Team 42 .68

Roadmap 41 .12

How is this score calculated? [Coin Rating Methodology]

Frax (prev. FXS) (frax) Expert User Reviews

Is Frax (prev. FXS) safe or a scam? Read verified Crypto OG reviews about Frax (prev. FXS)

Only Verified Crypto OGs Can Publish Reviews

Decypher 13 May 2026 - 09:11 0xd59...b2708

OG Score 25.08

Frax moved away from the fractional algorithmic model that originally made it stand out and repositioned itself into a more traditional fully backed stablecoin system. The problem is that the transition has left the project feeling directionless to a lot of people in the market. The new FRAX token has already collapsed heavily from its all time highs and now mainly functions as a gas token for Fraxtal, an ecosystem that still struggles with meaningful user activity and adoption. There is also growing speculation around Frax benefiting from future regulation like the GENIUS Act, but at this stage that narrative feels far more speculative than fundamental. Even projects like MakerDAO successfully evolved into RWAs while maintaining a clear identity and strong ecosystem focus. Frax, on the other hand, currently feels caught between multiple narratives without fully owning any of them.

FRAX $0.4912 Gem Score: 7.10

aabashweb3 28 Jan 2026 - 19:16 0x8d3...061b3

OG Score 52.20

Frax hits different now, feels like that steady DeFi veteran who's survived the wars but got a bit bloated chasing every shiny thing. Solid audits scream we're not rugging, and the founders' rep holds up like old-school anchors. Yet those hacks linger, a whiff of sloppiness that makes you pause. Overall, it's got that reliable grind vibe, not explosive, but trustworthy enough for the long haul

FRAX $0.9732 Gem Score: 10.80

HumbleApe 17 Nov 2025 - 21:01 0x89d...57dc0

OG Score 42.98

Frax isn't the wild algo experiment it used to be. It’s grown up, backed by a serious treasury, and is now running with traditional giants like BlackRock. But let's be real, this is still DeFi. We’ve seen it wobble. The peg hasn't broken, but it has definitely bent under pressure. The real stress test will be a massive market dump. We'll see if liquidity vanishes or if those new centralized friends become a bottleneck. Institutions are clearly bullish (that GENIUS hookup is big). If you're in it for the long haul, staking FXS for yield is the play. As always, check the reserve dashboards yourself. Frax feels more like a fortress than a lab project these days, but remember: in crypto, no stable is truly 100% safe.

FRAX $0.9049 Gem Score: 11.50

vindicatethis 23 Jul 2025 - 07:16 0x0f6...ec1bd

OG Score 47.17

Frax is one of the most innovative stablecoins, with its fractional algorithmic model balancing collateral and algorithmic components. It’s stable, scalable, and a standout project in the stablecoin sphere

FRAX $3.74 Gem Score: 16.00

CryptoGeek 7 Feb 2025 - 16:19 0x015...c7f8e

OG Score 39.48

FXS is part of the Frax ecosystem, giving holders governance rights over the protocol. I think that Its value is tied to Frax's performance as a stablecoin.

FRAX $1.70 Gem Score: 16.00

Adaphermor 29 Jan 2025 - 08:55 0x949...62c43

OG Score 50.60

FXS has been part of my DeFi journey, particularly for its role in the Frax stablecoin ecosystem.

FRAX $2.42 Gem Score: 16.90

$frax Markets

Name	Pair	OG Score

About Frax (prev. FXS)

Frax Protocol: Revolutionizing Stablecoins with Fractional-Algorithmic Design

The Frax Protocol is pioneering a new era of stablecoins with its fractional-algorithmic approach, aiming to provide a highly scalable, decentralized, algorithmic alternative to fixed-supply digital assets like Bitcoin. Launched on Ethereum, with possible cross-chain implementations in the future, Frax is open-source, permissionless and entirely on-chain.

Unique Stablecoin Model

At the heart of the Frax Protocol is its unique stablecoin, FRAX, which is partially backed by collateral and partially stabilized by algorithms. The protocol dynamically adjusts the ratio of collateralized and algorithmic supply based on the market price of FRAX. If FRAX trades above $1, the protocol reduces the collateral ratio and if it trades below $1, the collateral ratio increases.

Governance and Utility

The Frax ecosystem also features Frax Shares (FXS), the governance token that accrues fees, seigniorage revenue and excess collateral value. FXS holders have management rights, including adding/adjusting collateral pools and setting commissions.

A New Category in Stablecoins

One of Frax's key innovations is its classification as a fractional-algorithmic stablecoin, a new category in the stablecoin space. Unlike fiat collateralized, overcollateralized with cryptocurrency and algorithmic stablecoins with no collateral, Frax combines both collateralization and algorithmic stabilization, offering a unique value proposition.

Founding Team and Community Engagement

Founded by American software developer Sam Kazemian in 2019, Frax Protocol's team includes Travis Moore and Jason Huan. The protocol has garnered significant community interest, with over 60% of the FXS supply issued to liquidity providers and yield farmers over time.

In conclusion, the Frax Protocol is reshaping the stablecoin landscape with its innovative fractional-algorithmic design. With its decentralized governance and unique stablecoin model, Frax is poised to become a leading player in the digital asset space.

What is unique about Frax (prev. FXS) (FRAX)?

Frax Share (FXS) stands out with its fractional-algorithmic stablecoin design, combining collateralization and algorithms for a flexible and decentralized approach to maintaining a USD peg.

Who are the founders of Frax (prev. FXS) (FRAX)?

American software developer Sam Kazemian, along with Travis Moore and Jason Huan, founded the Frax Protocol in 2019.

Where can I buy Frax (prev. FXS) (FRAX)?

You can buy Frax (prev. FXS) (FRAX) on Binance, Kraken, Gate.io, Bybit Bitget cryptocurrency exchanges.

Information in this section carefully collected and curated from publicly available data from official sources, including the Frax (prev. FXS) Official Website, Frax (prev. FXS) Whitepaper, Frax (prev. FXS) GitHub Repository and Frax (prev. FXS) X (Twitter) Account.

The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.