Discover what FRAX (FRAX) is, how it works, and why it matters in crypto. Explore its features, use cases, tokenomics, and tutorials with MEXC.Discover what FRAX (FRAX) is, how it works, and why it matters in crypto. Explore its features, use cases, tokenomics, and tutorials with MEXC.

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FRAX Price Info

What is FRAX

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FRAX Official Website

FRAX Tokenomics

FRAX Price Forecast

FRAX History

FRAX Buying Guide

FRAX-to-Fiat Currency Converter

FRAX Spot

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What is FRAX (FRAX)

$0.308

$0.308$0.308

-2.06%1D

USD

Start learning about what is FRAX through guides, tokenomics, trading information, and more.

Page last updated: 2026-08-28 19:39:01 (UTC+8)

FRAX (FRAX) Basic Introduction

FRAX is the native token of the Fraxtal Layer 1 blockchain, serving as the primary gas token and base asset across the network. It was previously known as FXS (Frax Share) but was rebranded following the North Star upgrade. This transition marked a shift in function, positioning FRAX not as a governance token, but as a fixed-supply, commodity-like asset used to secure and operate the Fraxtal blockchain. FRAX is used to pay gas fees, support validator operations, and act as the monetary foundation of the Fraxtal ecosystem. The token follows a predetermined emission schedule that cannot be altered, emphasizing its role as a stable and predictable asset for network utility. While other DeFi protocols may choose to use FRAX in staking or governance models, the token itself does not carry governance rights within the core protocol. Unlike earlier versions of the Frax ecosystem, which were based on Ethereum and featured a fractional-algorithmic stablecoin, the current FRAX token exists natively on the Fraxtal blockchain. Wrapped or bridged versions may exist for cross-chain compatibility, but the core issuance and utility remain on Fraxtal. Originally launched in 2020, the broader Frax project introduced a hybrid stablecoin model, combining algorithmic mechanics with collateralization. With its evolution into the Fraxtal network, FRAX now plays a dual role—continuing to serve as a decentralized asset within DeFi while also powering a standalone Layer 1 chain.

FRAX (FRAX) Profile

Token Name

FRAX

Ticker Symbol

FRAX

Public Blockchain

FRAX

Whitepaper

Official Website

Sector

LAYER 1 / LAYER 2

Market Cap

$ 27.18M

All Time Low

$ 0.527270

All Time High

$ 42.6730

Social Media

Block Explorer

What is FRAX (FRAX) Trading

FRAX (FRAX) trading refers to buying and selling the token in the cryptocurrency market. On MEXC, users can trade FRAX through different markets depending on your investment goals and risk preferences. The two most common methods are spot trading and futures trading.

FRAX (FRAX) Spot Trading

Crypto spot trading is directly buying or selling FRAX at the current market price. Once the trade is completed, you own the actual FRAX tokens, which can be held, transferred, or sold later. Spot trading is the most straightforward way to get exposure to FRAX without leverage.

FRAX Spot Trading

FRAX (FRAX) Futures Trading

Crypto futures trading allows users to speculate on the future price movement of FRAX without directly owning the token. Traders can go long if they expect the price to rise or short if they anticipate a drop. Futures also often involve leverage, which can amplify both potential gains and risks. MEXC, for example, offers up to 200x leverage on select trading pairs.

FRAX Futures Trading

How to Acquire FRAX (FRAX)

You can easily obtain FRAX (FRAX) on MEXC using a variety of payment methods such as credit card, debit card, bank transfer, Paypal, and many more! Learn how to buy tokens at MEXC now!

How to Buy FRAX Guide

FRAX (FRAX) Tokenomics

Tokenomics describes the economic model of FRAX (FRAX), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.

FRAX Tokenomics

Pro Tip: Understanding FRAX's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.

FRAX (FRAX) Price History

Price history provides valuable context for FRAX, showing how the token has reacted to different market conditions since its launch. By studying historical highs, lows, and overall trends, traders can spot patterns or gain perspective on the token's volatility. Explore the FRAX historical price movement now!

FRAX (FRAX) Price History

FRAX (FRAX) Price Prediction

Building on tokenomics and past performance, price predictions for FRAX aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of FRAX? Check it out now!

FRAX Price Prediction

Disclaimer

The information on this page regarding FRAX (FRAX) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.