Frax Finance
Stablecoin · Synthetic Yield-Bearing · FXS
NetworkStablecoinStakingSynthetic Yield-BearingRWA-BackedYield-Bearing6 coinsAudited
Frax issues FRAX, the RWA-backed frxUSD (via BlackRock BUIDL), and the yield-bearing sFRAX, bridging algorithmic origins to institutional RWA backing.
Hybrid stablecoin pivoting to RWA backing.
FXS price
$0.9885
-0.2% 24h
Latest data · 15 min delay
Risks identified
- Smart Contract
On-chain logic upgrades, bugs, or parameter errors can impair user funds.
- Market
Token, collateral, or peg volatility affects protocol solvency and user outcomes.
- Liquidity
Thin markets make exits, liquidations, or redemptions harder during stress.
- Peg
Stablecoin may de-peg under reserve, liquidity, or confidence stress.