Legacy Frax Dollar (FRAX)
Rank #217
Market snapshot
- Price
- $0.991913
- Market cap
- $217.5M
- 24h volume
- $71,561.57
- Circulating supply
- 219,320,045.8726
- Total supply
- 219,320,045.8726
- Max supply
- N/A
What is Legacy Frax Dollar?
Legacy Frax Dollar is designed to maintain a stable value, typically pegged to the US dollar. It operates across various blockchain networks, allowing for flexible use in decentralized finance (DeFi) applications and lending/borrowing scenarios.
Key information
- Symbol
- FRAX
- CMC rank
- #217
- Network / platforms
Arbitrum, Avalanche C-Chain, BNB Smart Chain (BEP20), Ethereum
- Categories
- N/A
- Date added
- Sep 8, 2020
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Arbitrum
0x17FC002b466eEc40DaE837Fc4bE5c67993ddBd6FAvalanche C-Chain
0xD24C2Ad096400B6FBcd2ad8B24E7acBc21A1da64BNB Smart Chain (BEP20)
0x90C97F71E18723b0Cf0dfa30ee176Ab653E89F40
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Legacy Frax Dollar (FRAX)?
- Legacy Frax Dollar (FRAX) is a stablecoin that aims to maintain a stable value, typically pegged to the US dollar, and operates across multiple blockchain platforms.
- What are the risks associated with transferring Legacy Frax Dollar?
- Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling.
- How can I verify the acquisition of Legacy Frax Dollar?
- Verify the asset name, network, and any supplied contract details before transferring. Ensure that you understand the custody method, whether self-custody or third-party.
- Where can I find official resources for Legacy Frax Dollar?
- Official resources for Legacy Frax Dollar can be found at the following links: [Technical Documentation](https://docs.frax.com/protocol/assets/frxusd/frxusd), [Website](https://frax.com), [Source Code](https://github.com/fraxfinance), and various blockchain explorers.
