FRXETH
ShitCoin
Reputation Ratings

FRXETH

Frax Finance - Frax Ether 1-2 years
Crypto
Coin
Token
Website https://app.frax.finance/frxeth/mint
Browser
OTH RELPs
White Paper
FRXETH Avg Price
0.00%
1D

$ 3,401.76 USD

$ 3,401.76 USD

Market Cap

$ 176.493 million USD

$ 176.493m USD

24h trading volume

$ 2.25 million USD

$ 2.25m USD

7d Vol

$ 25.501 million USD

$ 25.501m USD

Circulating supply

0.00 0.00 FRXETH

Frax Finance - Frax Ether-related information

Issue Time

2023-01-12

Platform pertained to

--

Current coin price

$3,401.76USD

Market Cap

$176.493mUSD

Volume of Transaction

24h

$2.25mUSD

Circulating supply

0.00FRXETH

Volume of Transaction

7d

$25.501mUSD

Change

24h

0.00%

Number of Markets

115

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Current Rate0

Available

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WikiBit Risk Alerts

1
Previous Detection 2024-12-22

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

FRXETH Price Chart

Frax Finance - Frax Ether introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

+16.12%

1Y

+61.05%

All

+160.09%

Frax Ether (FraxETH) is a stablecoin variant of Ethereum, introduced by Frax Finance, a platform known for pioneering the concept of a fractional-algorithmic stablecoin system. FraxETH is designed to offer the benefits of Ethereum while providing greater price stability, making it an attractive asset for use in decentralized finance (DeFi) applications where volatility can be a concern.

FraxETH is part of the Frax Finance ecosystem, which aims to create stable versions of popular cryptocurrencies. Users can mint FraxETH by locking up their Ethereum in smart contracts, which helps maintain its peg to the actual value of Ethereum but with reduced volatility. This process ensures liquidity and stability in the market.

By integrating the stability features of Frax with the utility of Ethereum, FraxETH allows users to engage in DeFi activities more confidently, supporting broader adoption and enhancing the functionality of smart contracts and decentralized applications across the blockchain.

FRXETH Good investment market

Exchange
Score
24h trading volume
Percentage
Updated

Frax Finance - Frax Ether User Reviews

More

6 ratings

Participate in evaluation
Muhamad Syahir
Merchant adoption for FRXETH lacks momentum and support, hindering its growth potential in the market. Concerns exist over its practical utility and widespread usage.
2024-06-16 11:38
0
Justin71673
The historical price performance of FRXETH has been turbulent, with fluctuating values and uncertain risks. Long-term potential is questionable.
2024-04-12 14:26
0
Karen.C
The project shows promising long-term potential with its historical price performance and risk level, but its market value and liquidity remain volatile.
2024-06-07 14:38
0
Karen.C
The community trust for FRXETH Security is lacking, with concerns over vulnerability history, audit reports, and overall trust from the community. Marketplace uncertainty is a prevailing sentiment.
2024-03-31 12:15
0
Bunga April
- The project showcases solid technology with a scalable blockchain and robust consensus mechanism. - It demonstrates high practicality with real-world applications and potential to solve significant problems. - The team is reputable, experienced, transparent, and has a strong track record. - It boasts a growing user base, high merchant acceptance, and active developer community. - The token economics are well-designed with fair distribution and sustainable economic model. - Security is top-notch with minimal vulnerability history, thorough audit reports, and strong community trust. - The regulatory environment is favorable and has the potential for positive future impact. - It differentiates itself from similar projects and has a strong competitive edge. - The community is engaged, supportive, and shows positive sentiment and communication. - With a history of stable price performance, moderate risk level, and long-term potential, the project presents an appealing opportunity for investors.
2024-07-04 20:16
0
Ari Laksmono
The project has a questionable security track record, with reported vulnerabilities and a lack of transparency in audit reports, raising concerns within the community.
2024-03-04 10:53
0