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FRAX Overview

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Intellectia
24H High
0.4017
24H Low
0.3917
24H Volume
270.43K
24H Volatility
2.55%
All Time High
1.574
All Time Low
0.3813
Correlation with BTC
0.64
Return On Investment
-51.08%
Market Cap
273.23M
Following Frax's North Star Hardfork, the legacy Frax (FRAX) token has been renamed to Frax Legacy Dollar (FRAX). For detailed information, kindly visit their announcement here: https://snapshot.box/#/s:frax.eth/proposal/0xc81e2268834ec1243e08c5d616c98c8e91e2304f7b38ee1d932f450efb18eb8aThe upgraded frxUSD:Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. Frax USD uses a hybrid model that allows for governance-approved enshrined custodians to mint/redeem the stablecoin by holding cash-equivalent reserves while also having onchain mechanisms built by the Frax Finance Protocol.An enshrined custodian is a real-world entity that can mint and burn frxUSD 1-to-1 in exchange for $1.00 of cash-equivalent reserves that they custody. This means that an enshrined custodian can mint 1 frxUSD for $1.00 of provable reserves they hold and release $1.00 of reserve they custody when they burn 1 frxUSD.Real-world entities can be added as an enshrined custodian through governance along with a custodian cap which signifies the maximum amount of frxUSD they can mint for holding reserves. A frxUSDCustodian contract is deployed through a governance process signifying the allotted minting cap and a token representing the asset they custody (ie: Blackrock BUIDL). Any user is able to interact with any frxUSDCustodian contract; however, the underlying reserve token itself might have further requirements such as whitelists. This allows the frxUSD stablecoin to function in a permissionless manner while allowing real-world entities & institutions to onboard frxUSD while complying with their own internal requirements. frxUSD is redeemable for any custodian asset on demand meaning that there is no guarantee that frxUSD is redeemable for a particular asset or from a particular enshrined custodian.For example, if Blackrock BUIDL and Superstate USTB are enshrined custodian assets, there is no guarantee that frxUSD is always redeemable for both BUIDL and USTB if all supply of BUIDL is redeemed against from the Blackrock frxUSDCustodian contract (or vice versa). As long as frxUSDCustodian contracts have collateral tokens within them, frxUSD is redeemable on demand from them.
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Social Media Sentiment

Bullish
Bullish
0 Bullish
0 Neutral
0 Bearish
The current sentiment of FRAX on social media as of May 31, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding FRAX's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
The current sentiment of FRAX on social media as of May 31, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding FRAX's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
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Social Media Posts

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Addresses Analysis

Holding Amount

Wallet addresses by amount held in USD

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Time Held

Traders are addresses that have been holding for less than one month; holders are addresses that have been holding for longer than one year.

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Whale Holdings

Whales are wallet addresses holding over 1% of the circulating supply.

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Wallet addresses by amount held in USD

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Whitepaper Summary

No overview available

News

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New Collaborative Model of AI and Blockchain Gaming
  • Strategic Partnership: Mouse's collaboration with X-Agent and UXLINK aims to merge AI, Web3 social tools, and gaming to enhance user acquisition and community cultivation, improving retention rates and fostering interaction within decentralized networks.
  • Innovative User Acquisition: By leveraging X-Agent's automated growth tool, Mouse can deliver contextually relevant outreach based on user behavior, avoiding mechanical bot activity and enabling more authentic user onboarding and community building.
  • Seamless User Registration: UXLINK's 'One Account, One Gas' architecture simplifies the registration process for Web3 users, allowing newcomers to easily join the cryptocurrency space through their existing Web2 social accounts, thus lowering entry barriers.
  • Enhanced Interactive Value: Mouse employs automated AI agents to provide new value to interactive gaming, transforming traditional participation models by ensuring rewards are based on genuine engagement rather than fake interactions, thereby promoting sustainable development of decentralized infrastructure.
Coinmarketcap
8.0
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Crypto Industry Political Spending Skews Toward Republicans
  • Spending Imbalance: Crypto lobbying groups have reportedly spent 11 times more supporting Republican candidates than Democrats, indicating a significant partisan tilt in the industry's political spending strategy that could influence future regulatory policies.
  • Policy Impact Risks: Such a lopsided spending pattern risks turning crypto regulation into a purely partisan issue, making bipartisan cooperation more challenging if lawmakers associate digital asset advocacy with opposition funding.
  • Legislative Timing Matters: The U.S. Senate Banking Committee is currently weighing landmark crypto legislation, and perceptions of the industry's loyalty by each party could shape votes on these bills; while lobbying dollars do not guarantee policy outcomes, they influence which lawmakers engage with the industry.
  • Market Sentiment Shifts: Political spending patterns do not directly move token prices but shape the regulatory environment that investors consider for long-term positions; if Republicans maintain or expand power, the industry may benefit from lighter regulation, while a Democratic gain could reduce allies willing to support its priorities.
Coinmarketcap
8.5
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APEMARS: The Presale Project Addressing the 'Too Late' Problem
  • Significant Community Growth: APEMARS has attracted 1,834 holders and sold over 30.5 billion tokens while raising over $497,000 in Stage 23, indicating strong community engagement and market interest during the crypto bull run.
  • Transparent Pricing Structure: The project is currently priced at $0.000541050 in Stage 23 with an intended listing price of $0.0055, creating a projected ROI of approximately 916%, which appeals to traders seeking early investment opportunities.
  • Dynamic Supply Model: Unlike traditional presales, the ParaWin project employs a dynamic supply model where the final token supply is based on actual participation rather than predetermined amounts, aiming to provide an innovative solution for the crypto casino market.
  • Seizing Market Opportunities: APEMARS's success lies in its structured presale model and community-driven growth, as many traders look to capture this potential 100x crypto opportunity before broader market exposure occurs.
Coinmarketcap
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APEMARS Captivates Traders with Unique Narrative
  • Increased Project Appeal: APEMARS is currently in Stage 23: MARS CLAIM, with a token price of $0.000541050, having raised over $496K and attracted more than 1,829 holders, indicating strong market demand and investor confidence.
  • Return on Investment Potential: The projected ROI from Stage 23 to listing stands at 916.54%, while early participants could see returns exceeding 3,084.52%, making APEMARS a standout in discussions about the best 100x coin opportunities.
  • Narrative-Driven Engagement: APEMARS enhances emotional connections through its Mars-themed 23-stage mission journey, transforming participation into an ongoing story rather than a simple token sale, thereby boosting community involvement.
  • Early Investment Opportunities: By using the LAUNCH350 bonus code, a $10,000 investment could secure approximately 64,692,264 tokens, potentially reaching an estimated future value of around $355,807 at the projected listing price of $0.0055, attracting more investors to this high-return potential.

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Frequently Asked Questions

What is surpport and resistant level for FRAX Crypto?

The S1 support level for FRAX Crypto is $0.39 ,The R1 resistant level for FRAX Crypto is $0.444.

What is the current price of FRAX Crypto?

The price of FRAX Crypto was $0.398.

What is the market cap of FRAX?

The market cap of FRAX is $273.2M.