frxETH is a liquid staking derivative issued by Frax Finance protocol. Each frxETH is backed by at least 1 ETH in validator nodes at all times.
Frax Ether Price Analysis
As of April 17 2025 Frax Ether has a marketcap of $254,581,898.00.
This is {{percentagefromath}} from its all time high of $4,084.25.
In terms of its tokenomics, there's a total supply of 128,165.856 with 100% currently outstanding.
Keep in mind Frax Ether has a fully diluted value of $254,581,898.00 which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
