Frax is a fractional-algorithmic stablecoin, partially secured by collateral, partially algorithmically stabilized. Stablecoin is fully managed by the community.

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Frax

The Frax protocol is the first stablecoin system with a fractional algorithmic system. It has an open-source code that does not require permission and is linked to a chain. Implemented on Ethereum.

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Frax Share

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Frax Finance - Frax Ether

Frax Price Index Share (FPIS) news

Frax Price Index Share

Frax Price Index (FPI) news

Frax Price Index

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Frax Staked Ether

Hope everyone is staying financially safe! $FRAX is at $1.00 peg. Curve AMOs, Fraxlend, &amp; all systems working perfectly. And sfrxETH APR projected over 16% due to high MEV. All protocol functionality is normal &amp; profitable! Bumpy weekend but overall everything’s looking great 🙏 https://t.co/KoHToZVaPq

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Hope everyone is staying financially safe.  $FRAX is at $1. 00 peg.  Curve AMOs, Fraxlend, & all systems working perfectly.