Number of on-chain transactions for FXS in the last 24h.
Buying addresses : 290
Selling addresses : 269
Comparison of fund inflow vs outflow for FXS, identifying the market momentum.
Inflow : $345,098
Outflow : $362,307
Type of players driving the momentum in FXS: Whales, dolphins or fish.
Buy : $347,109
Sell : $360,268
Large
$0 Buy
$0 Sell
Medium
$0
$0
Small
$347,109
$360,268
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.
$385,536
FXS
64,937
WETH
37
WETH : FXS
1:976.88
$273,536
FXS
35,783
FRAX
136,894
FXS : FRAX
1:3.826
$24,710
FXS
3,913
FRAX
9,764
FXS : FRAX
1:3.826