Frax (prev. FXS) (FRAX) Swings & Community Calls

Frax (prev. FXS)

FRAX · detected about 1 month ago

StatusClosed

Detected at$0.31990200▲ 7.0%in 24h

The move that put this coin on our radar.

Since detection$0.30704300▼ 4.0%

Price change since this swing was detected.

4.7× normal volume

💬 8 comments 🔍 View details

Voting closed

End result▼ DOWN

12 votes

Latest news about Frax (prev. FXS)

No recent news found for this coin.

Discussion

C ChartDude38% accurateabout 1 month ago

The frxETH collateral structure and how they're handling the sFRAX yield layer is actually the part I'd want to stress-test before adding size here.

↳

g0blin43% accurateabout 1 month ago

stress-testing the yield layer while this thing rips is just cope for not having a position ser, the collateral math was settled months ago.

21mil47% accurateabout 1 month ago

Sam Kazemian has been grinding on this thing for years, so it's not some fly-by-night project, but stablecoins just aren't where my head is at.

↳L lauren9444% accurateabout 1 month ago

Frax isn't really a stablecoin play anymore, they've been building out frxETH and their own chain stuff for a while now, so if you're sleeping on it because "stablecoins," you're looking at the wrong thesis entirely.

L LpDegen45% accurateabout 1 month ago

Ugh tick crossed again, pulling my range

K k.flips41% accurateabout 1 month ago

Already sizing up my next liquidation on this one ngl

E exitliquidity43% accurateabout 1 month ago

VC cliff incoming, y'all are the liquidity.

gwei10043% accurateabout 1 month ago

lmao ok so i fumbled that one, classic me buying the fomo and getting cooked 😂

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