BTC
$84,429.56
+
0.96%ETH
$1,613.30
+
1.25%USDT
$0.9998
+
0.02%XRP
$2.1501
+
4.07%BNB
$593.16
+
0.45%SOL
$128.75
+
3.18%USDC
$1.0000
+
0.00%DOGE
$0.1641
+
0.68%TRX
$0.2476
-
0.25%ADA
$0.6433
+
1.70%LEO
$9.3651
+
0.04%LINK
$12.92
+
1.06%AVAX
$19.99
+
4.50%SUI
$2.3158
+
3.99%XLM
$0.2429
+
2.01%SHIB
$0.0₄1236
+
0.10%HBAR
$0.1712
+
1.18%TON
$2.9010
-
0.12%BCH
$339.78
+
8.45%OM
$6.2855
-
1.46%S'inscrire
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About Frax Price Index Share
Frax is a fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and 12 other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The Frax ecosystem has 2 stablecoins: FRAX (pegged to the US dollar) & FPI (pegged to the Consumer Price Index).