$FXS adds more than 12% following the launching of sFRAX/ USDC market on Morpho Labs
$FXS, the ecosystem utility & governance token of Frax Finance, a stablecoins & infrastructure protocols, is up over 12% in the past 24hours, & now trades around $2.204, with inflow of $20.52M, as per Gate.io chart.
This follows the incredible News that a sFRAX/ USDC market has recently been unveiled on Morpho Labs. The new market aims to increase available liquidity for sFRAX holders as collateral to borrow USDC.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
$FXS adds more than 12% following the launching of sFRAX/ USDC market on Morpho Labs
$FXS, the ecosystem utility & governance token of Frax Finance, a stablecoins & infrastructure protocols, is up over 12% in the past 24hours, & now trades around $2.204, with inflow of $20.52M, as per Gate.io chart.
This follows the incredible News that a sFRAX/ USDC market has recently been unveiled on Morpho Labs. The new market aims to increase available liquidity for sFRAX holders as collateral to borrow USDC.