FXS is only available to store

This asset is currently unavailable to trade on Gemini. You can store FXS and transfer it with a compatible external wallet.

Frax Share

FXS

$2.59

-$0.84 (-24.49%)

Past year

Volume (24H)
--

Circulating Supply
90.65M
Market Cap
$225M

About Frax Share (FXS)

Frax Finance is a decentralized lending platform which issues the FRAX stablecoin. Frax Finance algorithmically sustains the value of FRAX through the use of fractional collateral reserves. The collateral used on Frax Finance is split between an accepted collateral (e.g. ether) and Frax Finance’s governance token, FXS. The collateralization ratio for FRAX changes based on its price.

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Frax Share Cryptopedia articles

Frax (FRAX): A New Kind of Stablecoin

Cryptopedia Staff • 5 min read

Frax Share links and resources

Frax Finance whitepaper

Frax Finance website

Frequently asked questions

Frax Share Token

FXS is an ERC-20 token built on the Ethereum network. Its primary uses include governance, minting, staking, and redeeming FRAX, as well as providing liquidity incentives. To participate in Frax Finance governance, FXS can be locked in vote-escrowed FXS (“veFXS”), where voting power increases the longer a token is locked.

Learn more

Recent Frax Share (FXS) Price Data

The price of Frax Share has decreased by -3.72% in the past 24 hours. The current price is $2.59 per Frax Share. The current circulating supply is 90.65M FXS.

Last updated 2025/06/17 00:00 (UTC)

Prices