Frax

Frax is a digital asset that can be traded, transferred, and stored using blockchain-based or digital financial infrastructure.

Digital assets represent value in digital form and may serve different purposes depending on their design. Some enable payments or decentralized applications, while others represent tokenized versions of traditional financial assets.

You can buy Frax (FRAX) on digital asset trading platforms that support the asset.

Platforms such as Bleap allow users to buy digital assets in one place with no fees.

With Bleap, users can access digital asset markets while maintaining control of their funds through a non-custodial MPC wallet and can also use a connected Mastercard card to spend assets globally.

Frax operates on the Ethereum network.

Blockchain networks maintain a decentralized ledger that records transactions and ensures the security and integrity of digital assets.

Different networks can support different functionalities, such as payments, smart contracts, or tokenized assets.

The circulating supply of Frax is 241747684.0102676 FRAX.

Circulating supply refers to the number of tokens currently available and actively trading in the market.

This metric is often used to calculate the market capitalization of a digital asset.

The total supply of Frax is FRAX.

Total supply represents the total number of tokens that currently exist, including those that may not yet be circulating in public markets.

Some tokens may be locked, reserved for development, or released gradually over time.

The highest recorded price of Frax (FRAX) was $1.14, reached on 1612702535766.

The all-time high represents the highest price the asset has ever reached in its trading history. This metric helps provide context about previous market peaks and long-term price performance, allowing users to compare the current price with historical highs.

The lowest recorded price of Frax was $0.874536, reached on 1678521039316.

The all-time low represents the lowest price observed since the asset began trading publicly.

Tracking historical lows helps illustrate how the asset’s value has evolved over time.

The value of Frax is determined by supply and demand in digital asset markets.

Several factors can influence demand for a digital asset, including its use cases, adoption, market liquidity, technological development, and broader market conditions.

Because digital asset markets operate globally, prices can change continuously.

Digital assets like Frax can be stored in digital asset wallets.

Wallets allow users to securely hold and manage their assets, send transactions, and interact with blockchain networks.

Some wallets are custodial, meaning a platform manages the keys, while others are non-custodial, allowing users to control their own private keys and assets directly.