Frax (prev. FXS) — Live Price, Open Interest & Funding
#571 FRAXFrax (prev. FXS) (FRAX) is a defi cryptocurrency ranked #571 by market capitalisation. It is currently trading at $0.396987, down 0% over the last 24 hours. The 24-hour range has stretched from $0.393697 to $0.406004. 24-hour volume reached 5.6M FRAX (~$2.21M), with total turnover of $2.21M. Open interest on perpetual futures sits at 4.6M FRAX ($1.81M), reflecting the size of leveraged positions still open. Average funding rate across 5 exchanges is +0.0081%, with longs paying shorts — typically a sign of bullish positioning. Market capitalisation is $37.92M, 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 | $0.3966 | $479K | +0.005% |
| Bybit | $0.3971 | $3.3K | — |
| KuCoin | $0.3958 | $2.7K | +0.0203% |
| BingX | $0.3981 | $29K | — |
| Bitget | $0.39693 | $23K | +0.005% |
| HTX | $0.3971 | $1.4M | — |
| MEXC | $0.3966 | $96K | +0.005% |
| Gate | $0.3981 | $43K | +0.005% |
Price changes
Key data
- Open interest
- 4.6M FRAX ($1.81M)
- Turnover · 24h
- $2.21M
- Volume · 24h
- 5.6M FRAX ($2.21M)
- Fully diluted market cap
- $37.92M
- Circulating supply
- 96M FRAX
- Total supply
- 100M FRAX
Profile
- Rank
- #571
- 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 | $0.3966 | $0.3964 | 3.4M | $479K | +0.005% |
| Bybit | — | $0.3971 | — | $3.3K | — |
| KuCoin | $0.3958 | $0.398 | 415K | $2.7K | +0.0203% |
| BingX | — | $0.3981 | — | $29K | — |
| Bitget | $0.39693 | $0.3976 | 259K | $23K | +0.005% |
| HTX | — | $0.3971 | — | $1.4M | — |
| MEXC | $0.3966 | $0.3971 | 275K | $96K | +0.005% |
| Gate | $0.3981 | $0.3954 | 195K | $43K | +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 $0.396987 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 +0.0081% — longs are paying shorts. 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 positive rate means long positioning is dominant; sustained readings above +0.05% historically signal long-side overcrowding and frequently precede a long-squeeze — a sharp reversal as longs get force-liquidated.
- What is the FRAX open interest now?
- Total FRAX open interest across our tracked venues is 4.6M (~$1.81M 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.