Name
Price
Price change(24h)
Market cap
Supply
FXS
Frax Share
N/A
N/A
N/A
N/A
FXS
Frax Share
N/A
N/A
![a blue credit card with the numbers 0000 0000 0000 0000](https://cdn.sanity.io/images/bor5n0ip/production/dc5652bbc5a26efa770bee2a4e7f5cb07e74e4e1-640x612.png?q=80&auto=format)
What is Frax Share (FXS)?
Frax Share (FXS) is a crucial component of the Frax Finance ecosystem, a decentralised finance (DeFi) platform known for its approach to stablecoin issuance. The Frax stablecoin (FRAX) aims to maintain a stable value relative to the US dollar, while FXS plays a critical role in governing and collateralizing the protocol.
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