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The first fractional-algorithmic stablecoin
Optimism is more than just a single blockchain – it's a growing network of chains called the Superchain, all built on the open-source OP Stack.
FOR CONTEXT
$224.85M compared to the worldAbout this comparison
This page compares the market capitalizations of Legacy Frax Dollar (FRAX) and Optimism (OP). With Legacy Frax Dollar currently at $0.9890 per coin and a market cap of $216.90M, and Optimism at $0.0983 with a market cap of $224.85M, applying Optimism's market cap to Legacy Frax Dollar's circulating supply produces a hypothetical FRAX price of $1.03 — a 1.04x move from current.
Legacy Frax Dollar: The first fractional-algorithmic stablecoin
Optimism: Optimism is more than just a single blockchain – it's a growing network of chains called the Superchain, all built on the open-source OP Stack.
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 Optimism's market cap, what would the price be?
If Legacy Frax Dollar (FRAX) had Optimism's (OP) current market cap of $224.85M, each FRAX would be worth approximately $1.03 based on the circulating supply of 219,310,246 FRAX. That is 1.04x the current FRAX price of $0.9890.
What is the current market cap of Legacy Frax Dollar?
Legacy Frax Dollar (FRAX) currently has a market cap of $216.90M, ranking #159 by market capitalization. Each FRAX trades at $0.9890.
What is the current market cap of Optimism?
Optimism (OP) currently has a market cap of $224.85M, ranking #157 by market capitalization. Each OP trades at $0.0983.
How does FRAX compare to OP?
Legacy Frax Dollar's market cap of $216.90M sits slightly above Optimism's $224.85M. For FRAX to reach OP's current valuation, the price would need to move 1.04x 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.