Legacy Frax Dollar (FRAX)

Price Prediction

Legacy Frax Dollar is going SIDEWAYS
Based on our algorithm, there is a strong indication that Legacy Frax Dollar is on a neutral trend for the next hour! 👉
$1.00
Current Price
 
$1.00
Predicted Price for Next Hour
(98% probability)
$1.00
Predicted Lower Bound
(98% probability)
$1.00
Predicted Upper Bound
(98% probability)

Legacy Frax Dollar (FRAX) is the pioneering fractional-algorithmic stablecoin on Ethereum, combining collateral-backed and algorithmic elements to maintain its US dollar peg. Its supply adjusts dynamically via a collateral ratio mechanism that shifts between on-chain assets and seigniorage, managed by the Frax governance token (FXS) holders. FRAX is mintable when users lock collateral above a target ratio, and redeemable at par to ensure price stability without overreliance on any single asset class. The protocol’s modular design supports cross-chain deployments, yielding FRAX markets on multiple Layer-1 and Layer-2 networks. Liquidity incentives and integrated yield strategies make FRAX a staple in DeFi lending, AMMs and synthetic asset platforms. Governance proposals allow FXS stakeholders to adjust fee parameters, collateral types and roadmap priorities.
✅ Hybrid collateral-algorithmic design for dollar peg
✅ Dynamic collateral ratio governed by FXS token holders
✅ Mint and redeem via overcollateralized positions to enforce stability
✅ Cross-chain availability across Layer-1 and Layer-2 ecosystems
✅ Core DeFi use cases: lending, AMMs, yield farming and synthetics
✅ On-chain governance for collateral, fee and upgrade decisions