Frequently asked questions
What is Frax?
Legacy Frax Dollar (FRAX) is a decentralized, multi-chain stablecoin designed to maintain a stable value relative to the US Dollar. This version on the Arbitrum network is part of a hybrid system that originally combined collateral backing with algorithmic adjustments to manage its peg. The protocol has since moved towards a fully collateralized model to ensure its stability.
What chain is Frax on?
Frax is on Arbitrum.
How many holders does Frax have?
Frax has 17,622 holders.
What is the current price of Frax?
The current price of Frax is $0.99.
What is the TokenGems score of Frax?
The TokenGems score of Frax is 65. A 0–100 quality rating computed from price performance, holder distribution, trading volume, and community activity.