Frax (prev. FXS) — Live Price, Open Interest & Funding
#563 FRAXFrax (prev. FXS) (FRAX) is a defi cryptocurrency ranked #563 by market capitalisation. It is currently trading at $0.398056, down 0.29% over the last 24 hours. The 24-hour range has stretched from $0.388848 to $0.411979. 24-hour volume reached 12M FRAX (~$4.78M), with total turnover of $4.78M. Open interest on perpetual futures sits at 4.5M FRAX ($1.79M), reflecting the size of leveraged positions still open. Average funding rate across 5 exchanges is near zero (0.0014%), suggesting balanced positioning between longs and shorts. Market capitalisation is $38.02M, with a circulating supply of 96M FRAX. Frax (prev. FXS) launched in 2020. Live data is aggregated from 8 major exchanges including Binance, Bybit, KuCoin.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.3981 | $1.4M | +0.005% |
| Bybit | $0.3974 | $18K | — |
| KuCoin | $0.3983 | $7.1K | -0.013% |
| BingX | $0.3995 | $33K | — |
| Bitget | $0.39793 | $85K | +0.005% |
| HTX | $0.3981 | $2.7M | — |
| MEXC | $0.3981 | $127K | +0.005% |
| Gate | $0.398 | $196K | +0.005% |
Price changes
Key data
- Open interest
- 4.5M FRAX ($1.79M)
- Turnover · 24h
- $4.78M
- Volume · 24h
- 12M FRAX ($4.78M)
- Fully diluted market cap
- $38.02M
- Circulating supply
- 96M FRAX
- Total supply
- 100M FRAX
Profile
- Rank
- #563
- Type
- Token
- Category
- DeFi
- Date Launched
- 21 Dec 2020
Links
Funding rate Frax (prev. FXS)
Funding rate is paid every 8 hours between long and short traders. Positive rate: longs pay shorts (market is bullish). Negative rate: shorts pay longs. Extreme values (>0.1%) often precede reversals.
Frax (prev. FXS) Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | $0.3981 | $0.3991 | 3.5M | $1.4M | +0.005% |
| Bybit | — | $0.3974 | — | $18K | — |
| KuCoin | $0.3983 | $0.3986 | 269K | $7.1K | -0.013% |
| BingX | — | $0.3995 | — | $33K | — |
| Bitget | $0.39793 | $0.3969 | 290K | $85K | +0.005% |
| HTX | — | $0.3981 | — | $2.7M | — |
| MEXC | $0.3981 | $0.3985 | 249K | $127K | +0.005% |
| Gate | $0.398 | $0.3962 | 206K | $196K | +0.005% |
Futures and spot price comparison across major exchanges. A large spread between exchanges may signal arbitrage opportunity or liquidity imbalance.
Frequently asked questions
- What is the current price of Frax (prev. FXS) (FRAX)?
- Frax (prev. FXS) (FRAX) is currently trading at $0.398056 USDT. The price updates every minute and is aggregated across the major crypto exchanges — Binance, Bybit, OKX, KuCoin, Bitget, BingX, MEXC, HTX, Gate.io and Hyperliquid — which removes single-venue outliers and gives a stable reference price you can use for alerts and cross-exchange comparison.
- Where is FRAX traded?
- Frax (prev. FXS) (FRAX) is currently tracked across 8 exchanges: Binance, Bybit, KuCoin, BingX, Bitget, HTX, MEXC, Gate — both USDT-M perpetual futures and USDT spot pairs where available. Data refreshes every minute, and each venue feeds the aggregated metrics (price, turnover, open interest, funding).
- What is the FRAX funding rate now?
- Average FRAX funding across 5 exchanges is near zero (0.0014%) — balanced positioning, no clear overheating on either side. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours and signals which way positioning is skewed. Near-zero funding is the neutral zone: the market is not crowded, but there is no compressed-spring catalyst either.
- What is the FRAX open interest now?
- Total FRAX open interest across our tracked venues is 4.5M (~$1.79M in USD). Open interest is the aggregate notional of unsettled futures contracts (each contract is one long + one short, counted once). Rising OI with rising price confirms fresh money entering and trend strength; rising OI with falling price points to aggressive short build-up; falling OI signals position unwinding and weakening momentum. Watch OI live in the dashboard or set an OI-spike alert below.
- How can I get an alert on FRAX price, OI or funding moves?
- JustScreener scans all 4000+ pairs on 10 exchanges every minute — there is no list of coins to configure. For price, OI or volume alerts use the Custom Screener; for funding — the Funding Screener. A Telegram or push notification fires the moment a rule triggers.