Brazil Moves to Ban Unbacked Stablecoins
February 5, 2026
The live FRAX price today is 0.6643 USD.FRAX market cap is 58,614,288.14302655958 USD. Track real-time FRAX to USD price updates, live charts, market cap, 24-hour volume, and more!The live FRAX price today is 0.6643 USD.FRAX market cap is 58,614,288.14302655958 USD. Track real-time FRAX to USD price updates, live charts, market cap, 24-hour volume, and more!
FRAX Price(FRAX)
FRAX Price(FRAX)
1 FRAX to USD Live Price:
$0.6643
$0.6643$0.6643
USD
FRAX (FRAX) Live Price Chart
Page last updated: 2026-02-22 17:10:04 (UTC+8)
FRAX Price Today
The live FRAX (FRAX) price today is $ 0.6643, with a 1.58% change over the past 24 hours. The current FRAX to USD conversion rate is $ 0.6643 per FRAX.
FRAX currently ranks #332 by market capitalization at $ 58.61M, with a circulating supply of 88.23M FRAX. During the last 24 hours, FRAX traded between $ 0.6592 (low) and $ 0.701 (high), reflecting market activity. Its all-time high stands at $ 42.67301505828751, while the all-time low was $ 0.5272702051633938.
In short-term performance, FRAX moved -0.39% in the last hour and +3.15% over the past 7 days. Over the past day, total trading volume reached $ 243.47K.
FRAX (FRAX) Market Information
No.332
$ 58.61M$ 58.61M$ 58.61M
$ 243.47K$ 243.47K$ 243.47K
$ 66.22M$ 66.22M$ 66.22M
88.23M 88.23M 88.23M
99,681,495.59113361 99,681,495.59113361 99,681,495.59113361
99,681,495.59113361 99,681,495.59113361 99,681,495.59113361
88.51%
FRAX
The current Market Cap of FRAX is $ 58.61M, with a 24-hour trading volume of $ 243.47K. The circulating supply of FRAX is 88.23M, with a total supply of 99681495.59113361. Its Fully Diluted Valuation (FDV) is $ 66.22M.
FRAX Price History USD
24-hour price change range:
$ 0.6592
$ 0.6592$ 0.6592
24H Low
$ 0.701
$ 0.701$ 0.701
24H High
$ 0.6592$ 0.6592$ 0.6592
$ 0.701$ 0.701$ 0.701
$ 42.67301505828751$ 42.67301505828751$ 42.67301505828751
$ 0.5272702051633938$ 0.5272702051633938$ 0.5272702051633938
-0.39%
-1.58%
+3.15%
+3.15%
FRAX (FRAX) Price History USD
Track the price changes of FRAX for today, 30 days, 60 days, and 90 days:
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.010664 | -1.58% |
| 30 Days | $ -0.3149 | -32.16% |
| 60 Days | $ +0.3643 | +121.43% |
| 90 Days | $ +0.3643 | +121.43% |
FRAX Price Change Today
Today, FRAX recorded a change of $ -0.010664 (-1.58%), reflecting its latest market activity.
FRAX 30-Day Price Change
Over the past 30 days, the price shifted by $ -0.3149 (-32.16%), showing the token's short-term performance.
FRAX 60-Day Price Change
Expanding the view to 60 days, FRAX saw a change of $ +0.3643 (+121.43%), giving a broader perspective on its performance.
FRAX 90-Day Price Change
Looking at the 90-day trend, the price moved by $ +0.3643 (+121.43%), offering insight into the token's long-term trajectory.
Want to unlock the all-time price history and price movements of FRAX (FRAX)?
Check out the FRAX Price History page now.
Analysis for FRAX
This analysis leverages AI models to evaluate FRAX recent price action, volume dynamics, and market sentiment. Real-time data processing highlights emerging trends and potential trading setups, supporting more informed and timely decisions.
FRAX market trend today: bullish or bearish?
Current overall sentiment in the FRAX market: bearish, bullish 35% | bearish 65%;
| Indicator Dimension | Model Conclusion | Proportion/Threshold | Quick Take |
|---|---|---|---|
| KDJ | Golden Cross | K > D | Short-term momentum warming up, temperature rising. |
| EMA Group | 7 Buy 0 Neutral 0 Sell | ≥ 80% Buy | All MAs aligned upwards, short-term significantly above long-term. |
| StochRSI | 20‑80 | Neutral Zone | Normal pace, no extreme signals. |
| MACD | Dead Cross | DIF < DEA | Bearish momentum emerging. |
| BOLL (20,2) | Lower ≤ Price ≤ Middle | Between lower and middle band | Relatively weak, but not extreme. |
| RSI (14) | Neutral | 30‑70 | Within normal range, still has room. |
| MA Group | 5‑6 Buy | 60‑80% Buy | Majority of MAs pointing up, bullish alignment dominant. |
| Pivot Point | S1 ≤ Price < Pivot | Between S1‑Pivot | Just left central pivot, moderately low position. |
【Market Structure】FRAX_USDT is currently trading at 0.6618 on the 4-hour chart, positioned 37 basis points below the pivot midline of 0.6655. The moving average system exhibits a divergent pattern: the MA group has generated 5–6 buy signals, while the EMA group shows 7 buy signals accompanied by 0 neutral signals. The price is operating above the S1 support level at 0.6592, leaving a potential upward retracement space of 26 basis points toward the pivot midline. 【Momentum Status】The bullish and bearish momentum are distributed inconsistently. The MACD indicator has signaled a death cross, indicating a shift in short-term momentum toward the downside. The RSI remains within the neutral range, while gaps in KDJ and StochRSI data hinder the completeness of momentum analysis. A divergence has emerged between the fast and slow indicators: the MA system leans bullish, whereas the MACD has turned bearish, leading to a decline in momentum concentration. 【Key Price Levels】The upper resistance levels are R1 at 0.6775, 157 basis points above the current price, and R2 at 0.6838, serving as a long-term reference point 220 basis points away. On the downside, the S1 support at 0.6592 is only 26 basis points from the current price, making it a near-term key level; S2 at 0.6472 acts as deep support, located 146 basis points below the current price.
This content is generated by AI based on historical and current market data. It is for informational purposes only and does not constitute any investment advice.
What factors influence FRAX's prices?
Several key factors influence FRAX token prices:
1. Algorithmic stability mechanism - FRAX's unique fractional-algorithmic stablecoin design affects demand for governance tokens
2. Protocol revenue - Fees generated from minting, redeeming, and lending operations impact token value
3. Total Value Locked (TVL) - Higher TVL in FRAX protocol increases utility and demand
4. Market sentiment - Overall DeFi and stablecoin market conditions
5. Governance participation - Voting rights and protocol decisions drive token demand
6. Yield farming incentives - Staking rewards and liquidity mining programs
7. Partnership integrations - Adoption across other DeFi protocols
8. Regulatory environment - Stablecoin regulations affect the entire ecosystem
1. Algorithmic stability mechanism - FRAX's unique fractional-algorithmic stablecoin design affects demand for governance tokens
2. Protocol revenue - Fees generated from minting, redeeming, and lending operations impact token value
3. Total Value Locked (TVL) - Higher TVL in FRAX protocol increases utility and demand
4. Market sentiment - Overall DeFi and stablecoin market conditions
5. Governance participation - Voting rights and protocol decisions drive token demand
6. Yield farming incentives - Staking rewards and liquidity mining programs
7. Partnership integrations - Adoption across other DeFi protocols
8. Regulatory environment - Stablecoin regulations affect the entire ecosystem
Why do people want to know FRAX's price today?
People want to know FRAX price today because it's a popular algorithmic stablecoin that aims to maintain $1 parity. Traders monitor its price for arbitrage opportunities when it deviates from the peg. Investors track price stability to assess the protocol's effectiveness and make informed decisions.
Price Prediction for FRAX
FRAX (FRAX) Price Prediction for 2030 (in 4 Years)
Following the price prediction module above, the target price of FRAX in 2030 is $ -- along with 0.00% growth rate.
FRAX (FRAX) Price Prediction for 2040 (In 14 Years)In 2040, the price of FRAX could potentially see a growth of 0.00%. It could reach a trading price of $ --.
MEXC Tools
For real-time scenario projections and a more personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
For real-time scenario projections and a more personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
Disclaimer: These scenarios are illustrative and educational; cryptocurrencies are volatile—conduct your own research (DYOR) before making decisions.
Want to know what price FRAX will reach in 2026–2027? Visit our Price Prediction page for FRAX price predictions for the years 2026–2027 by clicking FRAX Price Prediction.
Want to know what price FRAX will reach in 2026–2027? Visit our Price Prediction page for FRAX price predictions for the years 2026–2027 by clicking FRAX Price Prediction.
How to buy & Invest FRAX
Ready to get started with FRAX? Buying FRAX is quick and beginner-friendly on MEXC. You can start trading instantly once you have made your first purchase. To learn more, check out our full guide on how to buy FRAX. Below is a quick 5-step overview to help you begin your FRAX (FRAX) Buying journey.
Step 1
Sign Up for an Account and Complete KYC
First, sign up for an account and complete KYC on MEXC. You can do so on MEXC's official website or the MEXC App using your phone number or email address.
Step 2
Add USDT, USDC, or USDE to Your Wallet
USDT, USDC, and USDE facilitate trading on MEXC. You can buy USDT, USDC, and USDE via bank transfer, OTC, or P2P trading.
Step 3
Head to Spot Trading Page
On the MEXC website, click on Spot at the top bar and search for your preferred tokens.
Step 4
Choose Your Tokens
With over -- tokens available, you can easily buy Bitcoin, Ethereum, and trending tokens.
Step 5
Complete Your Purchase
Enter the amount of tokens or the equivalent in your local currency. Click Buy, and FRAX will be instantly credited to your wallet.
What can you do with FRAX
Owning FRAX allows you to open more doors in terms of just buying and holding. You can trade BTC across hundreds of markets, earn passive rewards through flexible staking and savings products, or leverage professional trading tools to grow your assets. Whether you are a beginner or professional, experienced investor, MEXC makes it easy to maximize your crypto potential. Below are the top four ways you can make the most of your Bitcoin tokens
Futures Trading
Trade with up to 500x leverage and deep liquidity.
Trading with Extremely Low Fees on MEXC
Buying FRAX (FRAX) on MEXC means more value for your money. As one of the lowest-fee crypto platforms on the market, MEXC helps you reduce costs from your very first trade.
Spot trading fees:
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Futures trading fees:
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What is FRAX (FRAX)
FRAX is the native token of the Fraxtal Layer 1 blockchain, serving as the primary gas token and base asset across the network. It was previously known as FXS (Frax Share) but was rebranded following the North Star upgrade. This transition marked a shift in function, positioning FRAX not as a governance token, but as a fixed-supply, commodity-like asset used to secure and operate the Fraxtal blockchain. FRAX is used to pay gas fees, support validator operations, and act as the monetary foundation of the Fraxtal ecosystem. The token follows a predetermined emission schedule that cannot be altered, emphasizing its role as a stable and predictable asset for network utility. While other DeFi protocols may choose to use FRAX in staking or governance models, the token itself does not carry governance rights within the core protocol. Unlike earlier versions of the Frax ecosystem, which were based on Ethereum and featured a fractional-algorithmic stablecoin, the current FRAX token exists natively on the Fraxtal blockchain. Wrapped or bridged versions may exist for cross-chain compatibility, but the core issuance and utility remain on Fraxtal. Originally launched in 2020, the broader Frax project introduced a hybrid stablecoin model, combining algorithmic mechanics with collateralization. With its evolution into the Fraxtal network, FRAX now plays a dual role—continuing to serve as a decentralized asset within DeFi while also powering a standalone Layer 1 chain.
FRAX Resource
For a more in-depth understanding of FRAX, consider exploring additional resources such as the whitepaper, official website, and other publications:
People Also Ask: Other Questions About FRAX
Page last updated: 2026-02-22 17:10:04 (UTC+8)
FRAX (FRAX) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 02-11 14:20:00 | Industry Updates | Over the past 24 hours, CEX net outflow of 59,400 ETH |
| 02-10 18:39:21 | On-chain Data | Yesterday, Bitcoin spot ETF saw a net inflow of $144.9 million, while Ethereum ETF recorded a net inflow of $57 million |
| 02-04 11:04:00 | Industry Updates | Crypto Fear Index Drops to 14 Again, Market Remains in "Extreme Fear" Zone |
| 02-04 00:48:00 | Industry Updates | $285 Million Liquidated Across the Network in the Past 24 Hours, Both Longs and Shorts Wiped Out |
| 02-01 01:12:00 | Industry Updates | Bitcoin breaks below previous low of $80,600, hitting a new low since April 11, 2025 |
| 01-28 07:44:00 | Industry Updates | Dollar Index Hits Lowest Level Since February 2022, Crypto Market Continues Rally |
FRAX Hot News
Brazil advances legislation to ban algorithmic stablecoins like Ethena’s USDe
February 6, 2026
Unbacked Stablecoins Face Ban in Brazil as New Bill Moves Forward
February 6, 2026
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FRAX-to-USD Calculator
Amount
1 FRAX = 0.6643 USD