- Circulating supply
- $221.2M
- 1D change
- 0.0%
- Yield
- None
- NAV
- 1.0000
- Expense ratio
- 0.00%
- Minimum
- $0
- Redemption
- Daily
- Launched
- 21 Dec 2020
Depends onSmart Contracts
Field coverage 100%Primary-source or on-chain verified 100% of tracked metrics1/1 source documents analyst-verifiedLast reconciled 05 Oct 2026
Overview
What this product is
The first fractional-algorithmic stablecoin protocol.
- Underlying asset
- Crypto collateral and AMO operations
- Asset class
- Stablecoin
- Product structure
- Payment Stablecoin
- Legal structure
- BVI Professional Fund
- Issuer jurisdiction
- Fund domicile
- Decentralized
- Base currency
- USD
- Launched
- 21 Dec 2020
Peer set
Comparable products
Products in the same asset class and currency. Yields are quoted on different bases, so check each one before comparing.
Issuer
Who runs it
Frax FinanceDecentralized
A fractional-algorithmic stablecoin protocol.
Portfolio
Composition
- Crypto Collateral (USDC, etc.)100.0%