
$0.9940
Data from CoinGecko, on-chain analytics, and official project documentation. View methodology
Cycle Potential
0x
vs. bull target
Probability
0%
Success chance
Risk Level
0/10
Low Risk
Market Cap
$274.30M
Volume
$2.15M
Circulating Supply
275.94M
Total Supply
275.94M
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Legacy Frax Dollar (FRAX) is a stablecoin designed to maintain a stable value, typically pegged 1:1 to a fiat currency like the US dollar. It is currently ranked #138 by market capitalization, trading at $0.9940 with a total market cap of $274.30M.
Legacy FRAX Dollar is the original stablecoin of Frax Finance that evolved from a pioneering fractional-algorithmic model to full 100% collateralization in February 2023. As of March 10, 2026, Legacy FRAX maintains $273.9M market cap with 276.0M circulating supply, trading at $0.9925 with stable fundamentals, reflecting its legacy status as the protocol transitions to GENIUS Act-compliant frxUSD stablecoin ($114.3M market cap, 114.3M supply). frxUSD launched February 2025 backed by BlackRock...
USDE
$0.9999