FRAX Surges Following Plans to Launch FraxBonds; Prisma Finance Rapidly Attracts $30M in mkUSD Stablecoin, Hits New Cap

Daily Top Performer — Frax Finance (FRAX)

The SPX index is up 0.40%, driven by comments from Chicago Fed President Goolsbee suggesting the U.S. could avoid a recession. The broader cryptocurrency market is down, with Bitcoin and Ether dropping 0.85% and 0.25% respectively, in the past 24 hours.