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The first fractional-algorithmic stablecoin
Convex is a protocol that simplifies Curve boosting experience in order to maximize yields.
FOR CONTEXT
$222.24M compared to the worldAbout this comparison
This page compares the market capitalizations of Legacy Frax Dollar (FRAX) and Convex Finance (CVX). With Legacy Frax Dollar currently at $0.9914 per coin and a market cap of $217.43M, and Convex Finance at $2.38 with a market cap of $222.24M, applying Convex Finance's market cap to Legacy Frax Dollar's circulating supply produces a hypothetical FRAX price of $1.01 — a 1.02x move from current.
Legacy Frax Dollar: The first fractional-algorithmic stablecoin
Convex Finance: Convex is a protocol that simplifies Curve boosting experience in order to maximize yields.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Legacy Frax Dollar had Convex Finance's market cap, what would the price be?
If Legacy Frax Dollar (FRAX) had Convex Finance's (CVX) current market cap of $222.24M, each FRAX would be worth approximately $1.01 based on the circulating supply of 219,310,246 FRAX. That is 1.02x the current FRAX price of $0.9914.
What is the current market cap of Legacy Frax Dollar?
Legacy Frax Dollar (FRAX) currently has a market cap of $217.43M, ranking #178 by market capitalization. Each FRAX trades at $0.9914.
What is the current market cap of Convex Finance?
Convex Finance (CVX) currently has a market cap of $222.24M, ranking #173 by market capitalization. Each CVX trades at $2.38.
How does FRAX compare to CVX?
Legacy Frax Dollar's market cap of $217.43M sits slightly above Convex Finance's $222.24M. For FRAX to reach CVX's current valuation, the price would need to move 1.02x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Legacy Frax Dollar's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.