Frax (prev. FXS) — Live Price, Open Interest & Funding
#689 FRAXFrax (prev. FXS) (FRAX) is a defi cryptocurrency ranked #689 by market capitalisation. It is currently trading at $0.274854, down 2.46% over the last 24 hours. The 24-hour range has stretched from $0.273321 to $0.283724. 24-hour volume reached 9.4M FRAX (~$2.59M), with total turnover of $2.58M. Open interest on perpetual futures sits at 4.9M FRAX ($1.34M), reflecting the size of leveraged positions still open. Average funding rate across 5 exchanges is -0.0208%, with shorts paying longs — typically a sign of bearish positioning. Market capitalisation is $26.25M, 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 | $0.2752 | $602K | +0.0002% |
| Bybit | $0.2751 | $1.1K | — |
| KuCoin | $0.2746 | $3K | -0.1164% |
| BingX | $0.2739 | $30K | — |
| Bitget | $0.2748 | $30K | +0.005% |
| HTX | $0.2731 | $1.5M | — |
| MEXC | $0.2752 | $105K | +0.0022% |
| Gate | $0.2735 | $143K | +0.005% |
Price changes
Key data
- Open interest
- 4.9M FRAX ($1.34M)
- Turnover · 24h
- $2.58M
- Volume · 24h
- 9.4M FRAX ($2.59M)
- Fully diluted market cap
- $26.25M
- Circulating supply
- 96M FRAX
- Total supply
- 100M FRAX
Profile
- Rank
- #689
- 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 | $0.2752 | $0.2751 | 3.4M | $602K | +0.0002% |
| Bybit | — | $0.2751 | — | $1.1K | — |
| KuCoin | $0.2746 | $0.2754 | 155K | $3K | -0.1164% |
| BingX | — | $0.2739 | — | $30K | — |
| Bitget | $0.2748 | $0.2755 | 626K | $30K | +0.005% |
| HTX | — | $0.2731 | — | $1.5M | — |
| MEXC | $0.2752 | $0.275 | 350K | $105K | +0.0022% |
| Gate | $0.2735 | $0.2767 | 308K | $143K | +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 $0.274854 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 −0.0208% — shorts are paying longs. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours on most venues (some run 4-hour or 1-hour cycles). A negative rate means short positioning is dominant; sustained readings below −0.05% commonly precede a short-squeeze — a sharp move up as shorts cover at market.
- What is the FRAX open interest now?
- Total FRAX open interest across our tracked venues is 4.9M (~$1.34M 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.