The first fractional-algorithmic stablecoin
Kinesis silver (KAG) is a silver-backed cryptocurrency, launched by Kinesis - a global trading and digital asset utility platform.
This page compares the market capitalizations of Legacy Frax Dollar (FRAX) and Kinesis Silver (KAG). With Legacy Frax Dollar currently at $0.9878 per coin and a market cap of $216.73M, and Kinesis Silver at $58.94 with a market cap of $215.97M, applying Kinesis Silver's market cap to Legacy Frax Dollar's circulating supply produces a hypothetical FRAX price of $0.9848 — a 1.00x move from current.
Legacy Frax Dollar: The first fractional-algorithmic stablecoin
Kinesis Silver: Kinesis silver (KAG) is a silver-backed cryptocurrency, launched by Kinesis - a global trading and digital asset utility platform.
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 Kinesis Silver's (KAG) current market cap of $215.97M, each FRAX would be worth approximately $0.9848 based on the circulating supply of 219,310,246 FRAX. That is 1.00x the current FRAX price of $0.9878.
Legacy Frax Dollar (FRAX) currently has a market cap of $216.73M, ranking #174 by market capitalization. Each FRAX trades at $0.9878.
Kinesis Silver (KAG) currently has a market cap of $215.97M, ranking #175 by market capitalization. Each KAG trades at $58.94.
Legacy Frax Dollar's market cap of $216.73M sits below Kinesis Silver's $215.97M. For FRAX to reach KAG'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.