Number of on-chain transactions for FXS in the last 24h.
Buying addresses : 87
Selling addresses : 35
Comparison of fund inflow vs outflow for FXS, identifying the market momentum.
Inflow : $31,782
Outflow : $30,445
Type of players driving the momentum in FXS: Whales, dolphins or fish.
Buy : $72,501
Sell : $35,767
Large
$0 Buy
$0 Sell
Medium
$0
$0
Small
$72,501
$35,767
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.
$136,399
FXS
135,809
WETH
11
WETH : FXS
1:4331.16
$126,021
FXS
84,114
FRAX
63,393
FXS : FRAX
1:0.753421
$10,562
FXS
7,064
WETH
2
WETH : FXS
1:4331.16