Frax vs Sky — how do they compare? Frax trades at Rp5,290 (market cap Rp497,82M, Rp11,65M 24h volume), while Sky trades at Rp948.17 (market cap Rp22,22T, Rp174,62M 24h volume). The key difference: Sky is far larger — about 44634.6× Frax's market cap, and Frax's circulating supply is 93,6M / 99,7M FRAX (94%) versus 23,4B / 23,5B SKY (100%) for Sky. Which is the better fit depends on your goals — on Pluang, investors hold Frax for 9 Days and Sky for 15 Days on average.
| FRAX | SKY | |
|---|---|---|
Market Cap | Rp497,82M | Rp22,22T |
Volume (24h) | Rp11,65M | Rp174,62M |
Circulating Supply | 93,6M / 99,7M FRAX (94%) | 23,4B / 23,5B SKY (100%) |
Typical Hold Time | 9 Days | 15 Days |
What Pluang investors did over the last 30 days
FRAX is the native token of the Frax ecosystem, a decentralized finance protocol focused on building scalable, capital-efficient, and partially collateralized stablecoins. Frax combines algorithmic mechanisms with collateral backing to maintain price stability while enabling deep integration across DeFi applications such as lending, trading, and yield strategies. The ecosystem aims to provide stable, permissionless digital money optimized for on-chain financial systems.
Read more on FRAX →Sky (SKY) is the governance token of Sky Protocol and an upgraded version of MakerDAO, built to make DeFi more accessible, scalable, and rewarding through modular, non-custodial tools.
Read more on SKY →