FRAX ($FRAX) is a fractional‑algorithmic stablecoin designed to maintain parity with the US dollar while enabling scalable DeFi utility across multiple chains. Currently, FRAX trades near $0.90 – $0.99 USD, reflecting its stablecoin nature and real‑time market peg mechanics. Its hybrid design combines collateral reserves with algorithmic adjustments to sustain stability, making it useful for trading, yield strategies, and decentralized applications. Traders and investors should monitor price bands and liquidity zones, while using disciplined risk management. 📊$FRAX
FRAX
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