The first fractional-algorithmic stablecoin
On Instadapp, users and developers manage and build their DeFi portfolio - the world's most advanced platform to start leveraging the full potential of Decentralized Finance.
This page compares the market capitalizations of Legacy Frax Dollar (FRAX) and Fluid (FLUID). With Legacy Frax Dollar currently at $0.9914 per coin and a market cap of $217.30M, and Fluid at $2.60 with a market cap of $217.26M, applying Fluid's market cap to Legacy Frax Dollar's circulating supply produces a hypothetical FRAX price of $0.9912 — a 1.00x move from current.
Legacy Frax Dollar: The first fractional-algorithmic stablecoin
Fluid: On Instadapp, users and developers manage and build their DeFi portfolio - the world's most advanced platform to start leveraging the full potential of Decentralized Finance.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
If Legacy Frax Dollar (FRAX) had Fluid's (FLUID) current market cap of $217.26M, each FRAX would be worth approximately $0.9912 based on the circulating supply of 219,173,040 FRAX. That is 1.00x the current FRAX price of $0.9914.
Legacy Frax Dollar (FRAX) currently has a market cap of $217.30M, ranking #162 by market capitalization. Each FRAX trades at $0.9914.
Fluid (FLUID) currently has a market cap of $217.26M, ranking #163 by market capitalization. Each FLUID trades at $2.60.
Legacy Frax Dollar's market cap of $217.30M sits below Fluid's $217.26M. For FRAX to reach FLUID's current valuation, the price would need to move 1.00x from its current level.
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.