Is it ERC20?
Frax
FRAX
Overview
Frax is a decentralized stablecoin protocol that introduces a novel fractional-algorithmic approach. FRAX is partially collateralized by assets such as USDC while the remainder is stabilized algorithmically, offering a unique balance between full collateralization and algorithmic supply mechanisms.
Key Features
Stability
Pegged 1:1 to the US Dollar
Wide Adoption
Available on multiple blockchains
Market Information
Total Supply
Varies (Algorithmic Supply Expansion & Contraction)
Market Position
Leading Stablecoin
Technical Details
Token StandardERC-20, TRC-20, BEP-20
Launch Date2014
IssuerTether Limited
Integration Projects
Frax Finance
Visit →The core platform behind FRAX, offering minting, swapping, and other DeFi functionalities centered around the protocol.
Frax Share (FXS)
Visit →The governance token of the Frax ecosystem, used for protocol governance and to absorb price volatility, helping maintain FRAX’s peg.
Frax Protocol Documentation
Visit →Comprehensive documentation detailing the fractional-collateralization and algorithmic stabilization mechanisms that power FRAX.