Frax (prev. FXS) (FRAX) research overview
Frax (prev. FXS) (FRAX) is tracked by YearBull under the source identifier frax-share. Source categories place the asset in the DeFi Cryptocurrencies universe, with additional labels including Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi). Category labels describe market context; they do not prove project activity, adoption, or investment quality.
Market structure and supply
Observed market capitalization is about $26.00 million and reported 24 hour volume is about $441.1 thousand. That volume equals 1.70% of market capitalization in the dated snapshot. Current circulating supply is 93,623,351. The recorded maximum supply is 99,681,496. Circulating supply changed +6.4% across the available historical window. Reported volume and supply fields can change through source revisions, issuance, burns, migrations, or venue coverage.
Key risks and limits
Smart contract faults, oracle dependencies, governance concentration, liquidity migration, incentives, and regulatory access can change protocol usage. Historical metrics describe the available YearBull record; they do not predict future returns. Contract addresses, network support, custody, and venue availability should be verified before use.
Primary sources and review scope
YearBull methodology | Official project website | Source repository. Identity, categories, supply, and historical market fields were reviewed from locally stored source records on 2026-09-12. The live analytical snapshot may be newer than this editorial review.
YearBull Rank context
YearBull Rank data is not available at the moment for frax-share.
Rank change (reference points).
Reading rule: a smaller rank number indicates stronger placement.
- 7d window: current rank not available.
- 30d window: current rank not available.
YearBull Rank is a relative placement score used on YearBull to compare a coin against peers within the same dataset. Smaller numbers mean the coin sits higher in the YearBull list. It is a context signal for relative placement, not an outcome forecast.
Regime context: If both windows align, the direction is clearer. cycle pressure can surface as slow bleed in rank.
Liquidity angle: If the line improves during quiet periods, it can be accumulation. relative rank is sensitive to who is active in the window.
Where it trades: If the line breaks range, confirm it across a longer window. consolidation can make rank more stable.
Volatility posture: If the curve is step-like, it may be reacting to discrete inputs. ranking moves can reflect regime shifts rather than one-off events.
Practical note: rank is relative by design, so peers matter.
