There is never a dull moment in the crypto market. While bitcoin and the broader crypto market appear to be in stasis at press time, FXS, a governance token of a lesser-known fractional-algorithmic ...

Algorithmic stablecoin platform Frax Finance plans to expand the basket of assets that back its FRAX stablecoin by adding other cryptocurrencies, interest-generating tokens and traditional asset loans ...

The proposal could give rise to one of the largest liquidity pools in DeFi, according to Ethena Labs. Decentralized finance (DeFi) lending protocol Frax Finance has recently passed a community ...

Kazemian clarified that it’s mostly fiat stablecoins bearing the brunt of regulatory scrutiny. Stablecoins, or crypto assets that are pegged to less-volatile fiat money, are useful tools for a variety ...

OKX is proud to announce that it has enabled deposits for Frax Share (FXS). This will be followed by the listing of an FXS/USDT spot pair on OKX at 10:00 (UTC) on July 6, 2023, allowing users to trade ...

Crypto.com announced that Frax, the financial technology company helping to build the decentralized finance protocol and network behind a suite of stablecoins and liquid staking assets, has selected ...

Sonic Labs launches USSD, a USD stablecoin backed 1:1 by U.S. Treasury bills from BlackRock, Superstate, and WisdomTree via ...

Staked Frax Ether is the vault token that accrues all proof of stake rewards of ETH validators run by Frax Finance protocol. sfrxETH is ERC4626 compliant and a non-rebasing, interest bearing token.