Number of on-chain transactions for FXS in the last 24h.
Buying addresses : 173
Selling addresses : 157
Comparison of fund inflow vs outflow for FXS, identifying the market momentum.
Inflow : $6,347
Outflow : $9,901
Type of players driving the momentum in FXS: Whales, dolphins or fish.
Buy : $63,923
Sell : $48,406
Large
$0 Buy
$0 Sell
Medium
$0
$0
Small
$63,923
$48,406
Frax Finance (Frax for short), formerly known as Decentral Bank, is a fractional algorithm stable currency protocol. Frax is an open source, permissionless, and fully on-chain protocol, currently running on Ethereum (cross-chain operation may be realized in the future). The ultimate goal of the Frax protocol is to provide a highly scalable and decentralized algorithmic currency to replace fixed-supply digital assets such as BTC. FRAX is a stable currency, and the target is around 1 USD/coin. Frax Shares (FXS) is a governance token that can accumulate fees, withhold income and excess collateral value. Frax (FRAX) is a partially algorithmic stablecoin. Its supply is partly supported by collateral and partly stabilized by algorithms. The ratio of collateral depends on the market price of the FRAX stablecoin. If the trading price of FRAX is higher than $1, the agreement will reduce the collateral ratio. If the trading price of FRAX is less than $1, the agreement will increase the collateral ratio.
$2,264,038
FXS
367,952
WFRAX
656,915
FXS : WFRAX
1:0.188641
$116,418
FXS
98,822
FRAX
58,836
FXS : FRAX
1:0.592681
$98,433
FXS
164,651
CRV
6,477
FXS : CRV
1:2.357