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

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sfrxETH ( @fraxfinance ) is the second collateral to reach its debt cap🌈

You can still mint mkUSD using rETH and cbETH, less than 5m mkUSD left...

sfrxETH ( @fraxfinance ) is the second collateral to reach its debt cap.