Number of on-chain transactions for FXS in the last 24h.
Buying addresses : 302
Selling addresses : 219
Comparison of fund inflow vs outflow for FXS, identifying the market momentum.
Inflow : $364,009
Outflow : $302,212
Type of players driving the momentum in FXS: Whales, dolphins or fish.
Buy : $365,692
Sell : $307,294
Large
$0 Buy
$0 Sell
Medium
$0
$0
Small
$365,692
$307,294
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.
$382,437
FXS
58,469
WETH
43
WETH : FXS
1:916.359
$277,699
FXS
35,411
FRAX
138,490
FXS : FRAX
1:3.911
$25,112
FXS
3,885
FRAX
9,839
FXS : FRAX
1:3.911