Number of on-chain transactions for FXS in the last 24h.
Buying addresses : 340
Selling addresses : 333
Comparison of fund inflow vs outflow for FXS, identifying the market momentum.
Inflow : $88,636
Outflow : $75,270
Type of players driving the momentum in FXS: Whales, dolphins or fish.
Buy : $460,815
Sell : $432,591
Large
$30,142 Buy
$132,896 Sell
Medium
$12,631
$151,127
Small
$418,043
$148,568
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.
$2,110,811
FXS
486,071
WFRAX
538,169
FXS : WFRAX
1:0.285968
$177,454
FXS
126,844
WETH
28
WETH : FXS
1:2576.79
$142,877
FXS
79,815
FRAX
72,286
FXS : FRAX
1:0.898303