FRAX

stablecoin

GenRank Score

5.1

FRAX is a fractional-algorithmic stablecoin, launched in 2020 by Frax Finance, aiming for a decentralized, scalable, and capital-efficient stable unit of account.

Also Known As

FRAX

1 question•1 category

Which stablecoins are most widely used?Cryptocurrencies

Score

5.1

Rank

#11

Score History

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Average Rank

#9.0

Median

Range

#9–#9

Rankings by Model

Sonar #9