Projects

Frax Stablecoin - Logo

Frax Stablecoin

Stablecoin issuers

Price

N/A

Chains

Ethereum - Logo

1 chain

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What is Frax Stablecoin?

Frax Finance is the principal architect of FRAX - a crypto collateralized stablecoin pegged to the US dollar. Frax Finance was founded by Sam Kazemian, Stephen Moore, Jason Huoan & Travis Moore and launched in 2019.

How does Frax Stablecoin work?

Users deposit funds into Frax Finance and receive FRAX stablecoin.

Who governs Frax Stablecoin?

FXS tokenholders own and govern the Frax Finance protocol.

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The values in this graphic are examples and do not reflect actual values. Treat them as approximations.