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Legacy Frax Dollar Price

FRAX · #160 by market cap

Live price · USD
$0.2903
-0.85%

+0.21% 1h +0.06% 7d +0.25% 30d -0.62% 1y

Price data via CoinGecko API, refreshed every 60 seconds. Historical chart data daily-refreshed. See our methodology. Data & methodology reviewed by Maya Lin, Markets Editor · last editorial review Sep 2026.

Market cap
$63.67M
Rank #160
24h volume
$685.43K
Traded last 24h
Dominance
0.00%
of total market
Fully diluted val
$217.58M
FDV at max supply
Vol / mcap
1.1%
Liquidity ratio
Circulating
219.32M FRAX
Uncapped supply

Legacy Frax Dollar — key takeaways

At-a-glance summary generated from live market data. Figures update each refresh cycle; not investment advice.

What’s moving Legacy Frax Dollar

Legacy Frax Dollar (FRAX) is trading at $0.2903, +0.06%% over the past week and +0.25%% over the month, as of Sep 23, 2026. Below is the latest reporting and analysis on Legacy Frax Dollar from the DMC News desk.

→ Legacy Frax Dollar price prediction: 2026, 2027, 2030 & 2035 scenarios
All Legacy Frax Dollar news & analysis from our desk →

Technical snapshot

Derived from 365-day price history
Bull-Bear Score
54/100
Neutral
RSI · 14-day
56.0
Bullish lean
03070100
Moving Avg Signal
Strong bull
vs 50d MA+0.1%
vs 200d MA+10.0%
Volatility · 30d
2%
Low · annualised
50d MA: $0.9907
200d MA: $0.9021

Indicators are for informational purposes only and do not constitute investment advice. Past performance does not guarantee future results.

FRAX weekly price chart (1 year)

-65.4% 1Y
$0.1437$0.5215$0.8994$1.28$1.65JanFebMarAprMayJunJulAugSepVolume
52-week high
$1.57
52-week low
$0.2247
Candles
36 wk

Each candle is one week. The body spans the week's open and close (green when it closed higher, red when lower); the wick marks the weekly high and low. Data is real weekly OHLC from Binance (FRAX/USDT), with weekly USD volume below.

Legacy Frax Dollar price prediction & peg outlook

Legacy Frax Dollar (FRAX) is a stablecoin engineered to track $1.00, so a conventional appreciation forecast does not apply. The relevant question is peg stability: over the trailing year its price has held within a tight band (realised volatility ≈ 130.0%), and the model's expectation across 2026–2035 remains anchored at $1.00 under normal conditions, with transient depegs possible during market stress or reserve/redemption disruptions. Evaluate the collateral model, attestations and redemption mechanism rather than price targets.

Legacy Frax Dollar price returns & market statistics

Legacy Frax Dollar (FRAX) trades at $0.2903, ranked #160 by market capitalisation. The tables below summarise its performance across timeframes and its core supply and valuation metrics.

Price performance
PeriodChange
1 hour+0.2%
24 hours-0.9%
7 days+0.1%
30 days+0.2%
90 days+8.1%
1 year-0.6%
From all-time high-82.5%
From all-time low+16.2%
Market statistics
Market cap$63.67M #160
Fully diluted valuation$217.58M
24h trading volume$685.43K
Volume / market cap1.1%
Market dominance0.00%
Circulating supply219.32M FRAX
Total supply219.32M FRAX
Max supply
All-time high$1.66 Mar 30, 2026
All-time low$0.2498 Jun 24, 2026

Understanding Legacy Frax Dollar

What is Legacy Frax Dollar (FRAX)?

Legacy Frax Dollar (FRAX) is a stablecoin designed to hold a value of roughly $1.00, giving traders and users a way to move in and out of crypto positions and settle payments without exposure to volatile price swings. Its usefulness depends on the quality of its reserves or collateral and the reliability of its redemption mechanism. As of September 2026, Legacy Frax Dollar is the #160 cryptocurrency by market capitalisation, trading near $0.2903.

How does Legacy Frax Dollar work?

The peg is maintained either by holding reserves (cash and short-term instruments) that back each token one-for-one, or by algorithmic and crypto-collateralised mechanisms that expand and contract supply. Arbitrageurs profit from buying below $1 and selling above it, which pulls the price back toward parity.

Sentiment & community signals

Daily refresh · CoinGecko

Sentiment votes are crowd-sourced and may not reflect actual price movements. Community and dev metrics indicate ecosystem health, not investment quality.

Peg & supply across chains

DefiLlama · 0s ago
Current peg
$0.9918
-81.6 bps · Slight deviation
$0.99peg$1.01
Total circulating
$151.41M
Across 8 chains
Largest deployment
Ethereum
$135.49M (89.7%)
Supply by chain
  • Ethereum
    $135.49M 89.7%
  • Fraxtal
    $10.75M 7.1%
  • Arbitrum
    $1.88M 1.2%
  • BSC
    $718.32K 0.5%
  • Avalanche
    $616.07K 0.4%
  • OP Mainnet
    $575.35K 0.4%
  • Fantom
    $529.62K 0.4%
  • Polygon
    $484.49K 0.3%

Stablecoins live as separate token contracts on each chain. Cross-chain supply totals here are based on DefiLlama's tracked issuance — not bridged or wrapped representations.

ROI calculator

Hypothetical · educational only
Today it would be worth
$—

Calculations use historical end-of-day prices. Past performance is not indicative of future results. Cryptocurrency investments carry significant risk.

Where to trade Legacy Frax Dollar

10 exchanges · sorted by volume
# Exchange Pair Price
1 Curve (Ethereum) 0X853D955ACEF822DB058EB8505911ED77F175B99E/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 $0.9918 Trade ↗
2 Curve (Ethereum) 0X4C9EDD5852CD905F086C759E8383E09BFF1E68B3/0X853D955ACEF822DB058EB8505911ED77F175B99E $0.9924 Trade ↗
3 Fraxswap (Ethereum) 0X579CEA1889991F68ACC35FF5C3DD0621FF29B0C9/0X853D955ACEF822DB058EB8505911ED77F175B99E $0.9924 Trade ↗
4 Curve (Ethereum) 0X6C3F90F043A72FA612CBAC8115EE7E52BDE6E490/0X853D955ACEF822DB058EB8505911ED77F175B99E $0.9924 Trade ↗
5 Fraxswap (Ethereum) 0X3432B6A60D23CA0DFCA7761B7AB56459D9C964D0/0X853D955ACEF822DB058EB8505911ED77F175B99E $0.9924 Trade ↗
6 Uniswap V3 (Avalanche) 0XD24C2AD096400B6FBCD2AD8B24E7ACBC21A1DA64/0XB97EF9EF8734C71904D8002F8B6BC66DD9C48A6E $0.9999 Trade ↗
7 Fraxswap (Ethereum) 0X853D955ACEF822DB058EB8505911ED77F175B99E/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 $0.9924 Trade ↗
8 Uniswap V3 (Ethereum) 0X5E8422345238F34275888049021821E8E08CAA1F/0X853D955ACEF822DB058EB8505911ED77F175B99E $0.9924 Trade ↗
9 Bitrue FRAX/USDT $0.2913 Trade ↗
10 Uniswap V2 (Ethereum) 0X3432B6A60D23CA0DFCA7761B7AB56459D9C964D0/0X853D955ACEF822DB058EB8505911ED77F175B99E $0.9924 Trade ↗

Trust score reflects exchange liquidity, age, and order book depth (CoinGecko methodology). External links are not endorsements — always verify the exchange in your jurisdiction.

Other stablecoins

Top 9 by market cap

Live market data, refreshed continuously. Click any coin to view its full profile.

Compared to peers

Normalised · max = 100
Market Cap 24h Volume Stability Dev Activity Community Liquidity
Legacy Frax Dollar FRAX
Bitcoin BTC
Tether USDT

Each axis is scaled to the largest value across the compared coins (= 100). Larger polygons indicate higher overall metrics. "Stability" is the inverse of 30-day volatility.

Tokenomics & supply

Total issued: 219,320,046 FRAX
Circulating 100.0%
  • Circulating 219,320,046 FRAX 100.0%

Uncapped supply — new tokens enter circulation per protocol schedule.

Legacy Frax Dollar price analysis

At $0.2903, Legacy Frax Dollar (FRAX) is currently deep in a drawdown from its all-time high. That is 82.5% below the record high of $1.66, and roughly 16% above the all-time low of $0.2498.

Momentum-wise, FRAX has traded broadly sideways over the past month (+0.06% (7d), +0.25% (30d), -0.62% (1y)). With 24-hour volume at 1.1% of market cap, turnover is relatively thin, so larger orders can move the price more easily. Crypto prices are highly volatile; these readings describe recent history, not a forecast.

What drives the price of Legacy Frax Dollar?

As a stablecoin, FRAX is designed to track the US dollar, so its price should stay near $1.00. What matters is not appreciation but peg stability, the quality and transparency of reserves, and total supply — supply growth signals rising demand for on-chain dollar liquidity.

Legacy Frax Dollar has no fixed supply cap, so the rate of new issuance (and any burn mechanism that removes tokens) is an important driver of its long-term price.

Like nearly all crypto assets, FRAX also trades with a strong correlation to Bitcoin and to overall risk appetite. Macro liquidity, US-dollar strength, interest-rate expectations, regulatory headlines and new exchange listings can all move the price independently of project fundamentals.

Risks & considerations

  • High volatility. Legacy Frax Dollar can gain or lose a large share of its value in a short time. Over the past year alone FRAX has moved about 1%.
  • Regulatory uncertainty. Crypto rules differ by jurisdiction and continue to evolve, which can affect availability, liquidity and price.
  • De-peg & issuer risk. The value depends on the issuer holding adequate, redeemable reserves; stablecoins have broken their peg before during stress events.
  • Liquidity & concentration. Thinner markets and concentrated holdings can amplify price swings and make large positions hard to exit.
  • Not advice. Only allocate capital you can afford to lose, and consider consulting a licensed financial adviser. Nothing on this page is personalised investment advice.

About Legacy Frax Dollar

The first fractional-algorithmic stablecoin

Frequently asked questions about Legacy Frax Dollar

What is Legacy Frax Dollar (FRAX)?

Legacy Frax Dollar (FRAX) is a cryptocurrency listed on global exchanges and tracked across major data providers. It currently ranks #160 among all cryptocurrencies by total market value. It belongs to the Stablecoins and Decentralized Finance (DeFi) category. Live price, market cap, trading volume, and historical performance are displayed on this page and refreshed continuously.

How does Legacy Frax Dollar work?

Legacy Frax Dollar is a decentralised cryptocurrency with transactions recorded on a public blockchain. The exact consensus mechanism and economic policy are defined in the protocol underlying codebase — refer to the project website for technical details.

How much Legacy Frax Dollar is in circulation?

Legacy Frax Dollar has no hard supply cap. There are currently 219,320,046 FRAX in circulation, and the supply continues to grow at a rate determined by the protocol's issuance schedule.

What is the all-time high price of Legacy Frax Dollar?

Legacy Frax Dollar reached an all-time high of $1.66 on March 30, 2026. Currently the price sits 82.5% below this peak. All-time highs are useful benchmarks for assessing the asset's historical price range, but past performance does not predict future results.

How can I buy Legacy Frax Dollar?

Legacy Frax Dollar (FRAX) is traded on most major cryptocurrency exchanges, including Binance, Coinbase, Kraken, OKX, Bybit, and Bitstamp. Availability depends on your jurisdiction and the exchange's listings. After purchase, many users transfer their FRAX to a self-custody wallet for long-term storage. This information is educational and does not constitute investment advice.

Is Legacy Frax Dollar a good investment?

Cryptocurrencies, including Legacy Frax Dollar, are highly volatile and carry significant risk of loss. Over the past year, FRAX has lost approximately 0.6% of its value. Whether Legacy Frax Dollar is appropriate for a given portfolio depends on the investor's individual risk tolerance, time horizon, and financial situation. Always research the project's fundamentals, understand the risks, and only allocate capital you can afford to lose. This page provides market data only, not personalised investment advice. Consider consulting a licensed financial advisor before making investment decisions.

How is Legacy Frax Dollar different from Bitcoin?

Bitcoin (BTC) was the first cryptocurrency, designed primarily as a digital store of value and peer-to-peer payment network with a fixed supply of 21 million coins. Legacy Frax Dollar (FRAX) focuses on stablecoins use cases, with a different technical design, supply schedule, and ecosystem. Bitcoin derives its value primarily from scarcity, security, and brand recognition, while Legacy Frax Dollar's value is tied to adoption within its specific use case and underlying network effects.

What is the market cap of Legacy Frax Dollar?

Legacy Frax Dollar (FRAX) has a market capitalisation of approximately $63.67M, which ranks it #160 among all cryptocurrencies. Market cap is calculated as the circulating supply multiplied by the current price and is the most common way to compare the relative size of cryptocurrencies. It updates continuously as the price moves.

What determines the price of Legacy Frax Dollar?

The price of Legacy Frax Dollar (FRAX) is set continuously by supply and demand across global exchanges. The main factors are its circulating and maximum supply, trading volume and liquidity, overall crypto-market sentiment, its correlation with Bitcoin, regulatory developments, and real adoption of the underlying network. Because the market trades 24 hours a day, the price can change at any moment.

What is the Legacy Frax Dollar price prediction?

No one can reliably predict the future price of Legacy Frax Dollar or any cryptocurrency. Where sufficient history is available, this page shows a model-based forecast range derived from historical volatility and trend — it should be read as a scenario illustration, not a target or a promise. Crypto prices are highly volatile and shaped by events no model can foresee, so always do your own research and never invest more than you can afford to lose.

Is Legacy Frax Dollar safe?

"Safe" depends on two separate things: how you hold Legacy Frax Dollar (FRAX), and price risk. For custody, use reputable exchanges and consider a self-custody hardware wallet for larger amounts, and never share your private keys or seed phrase. For price, every cryptocurrency is volatile and can lose value quickly, so only commit capital you can afford to lose. Being listed on major exchanges is not an endorsement or a guarantee against loss.

Can I stake Legacy Frax Dollar?

Whether Legacy Frax Dollar can be staked depends on its consensus mechanism. Proof-of-Stake networks let holders lock FRAX — by running a validator or delegating to one — to help secure the network and earn rewards. Check Legacy Frax Dollar's underlying technology first, use only reputable providers, and be aware that staked funds can face lock-up periods and, on some networks, slashing penalties.

Latest news about Legacy Frax Dollar

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