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Finance AI Index
Index › Products › Frax · October 2026 Edition
1 category · Named, not ranked

Frax

6Judge labels
0First choices
2Negative labels
6 / 14Models named it
1Category
October 2026 Edition. Every number here is derived from the raw labels under vendor table v2026-10.7, every buyer segment counted.
Standing
4 labels, too few to rank
A product needs 10 labels in a category before a share or quadrant is stated. Frax was named 4 times in Stablecoin platforms, where BVNK led with 23%. The labels and the evidence are below, counted exactly.
By buyer segmentRead the same way at every buyer size.
In stablecoin platforms · each standing computed within its segment · bars are 0 to 100 · the accent bar is the product's own best reading

Standing by category

Every category where a model named Frax for a mid-market B2B company. Share is first choices across the direct, paraphrase, budget and scale prompts; rank is within every product named in that category.
CategoryFunctionShareRankNegative rateLabelsQuadrantSince September 2026
Stablecoin platformsTreasury and cash0%24 of 1410%4under 10 labels · led by BVNK at 23%

Movement

This is the first edition on this tier, so no move can be computed for Frax yet. From the next edition this section shows, per buyer segment and per category, whether its share moved by more than the measured noise floor.

By model

How each model treated Frax across every prompt where it was named for a mid-market B2B company. Fourteen models, six prompts per category.
ShowHide
ModelFirst choiceAlternativeMentionNegativeLabels
Claude Haiku 4.500000
GPT-5.4 mini01001
Gemini 3.5 Flash00000
Perplexity Sonar00000
Grok 4.1 Fast00000
Mistral Small00101
DeepSeek V4 Flash00000
Llama 4 Maverick00000
Qwen 3.7 Flash00000
Kimi K200000
GLM 4.7 FlashX01001
MiniMax M2.510001
GPT-6 Luna00000
Muse Glimmer 30B00000

By framing

Which of the six questions produced the naming. By model says how often; this says asked what. The first-choice count on the right carries the marks of the models that produced it.
FramingLabels by classFirst choices
Direct0 labelsNone
Paraphrase0 labelsNone
Comparative3 labelsNone
Budget-constrained0 labelsNone
Scale-constrained0 labelsNone
Negative3 labels1not counted in share
First choiceAlternativeMentionNegative6 labels in all, every segment counted; 0 of the 1 first choices count toward share, since the comparative and negative framings do not. The bar is one segment per label class, to scale within the framing.

What the models said for it

Verbatim evidence the judge attached to positive labels.

“Major regulated stablecoins like USDC (Circle) and FRAX generally have better transparency and regulatory compliance” MiniMax M2.5 · Stablecoin platforms · negative prompt · first choice
“Hybrid stablecoin model (part collateralized, part algorithmic)” GLM 4.7 FlashX · Stablecoin platforms · comparative prompt · alternative
“Hybrid/protocol-based: FRAX-style designs” GPT-5.4 mini · Stablecoin platforms · comparative prompt · alternative

And against it

Verbatim evidence attached to negative labels. A warning on a product with few labels is a warning; on a product with many, it is one voice among them.

No model argued against it.

Named alongside

The products named in the same answers as Frax, over the 6 answers that named it. Took the first choice instead counts the answers where the other product was the first choice and Frax was named but was not.
ShowHide
ProductSame answerTook the first choice insteadHead to head
Tether4 of 61Not among the top eight
USDC3 of 62Not among the top eight
DAI3 of 60Not among the top eight
TerraUSD2 of 60Not among the top eight
Circle's USDC1 of 61Not among the top eight
USDP1 of 61Not among the top eight
Ampleforth1 of 60Not among the top eight
Binance USD1 of 60Not among the top eight
Circle1 of 60Not among the top eight
Ethena USDe1 of 60Not among the top eight
A head-to-head page exists where both products are among a category's top eight. The other rows are the same fact without a page behind them, so they link to the product instead.

What carried it into the answer

The sites and pages cited by the answers that named Frax. A fact about retrieval, not a lever on the model.

Citations exist only for the models that return a source list, five of the fourteen in this edition, so these counts come from 5 of the 6 answers that named Frax and are not a share of its labels.

Names read as Frax

What the judge wrote, as written, with how often. The vendor table decides that these count as Frax; a claim can dispute any of them.
FRAX 1Frax (FRAX / newer Frax system) 1Frax (FRAX) 1Frax (Frax Finance) 1

Follow Frax

An email the morning each edition publishes: where this product moved, where it held, and by how much against the noise floor. One address, confirmed by a click; a stop link in every email.

Already following? Everything you follow, with a stop for each.

Is this your product?

Claim this page

Claiming is free and changes nothing in the data. A claimed page shows a verified contact who is told when each edition publishes and when Frax's standing changes by more than the noise floor; the right to propose corrections to the vendor table, meaning names the judge wrote that should or should not read as Frax, applied by version and listed in the change log; and a one-line description supplied by the vendor and marked as such.

What a new claim receivesHide what a new claim receives

A new claim receives the current edition's vendor brief for Frax by email, built from the raw record of the edition. It shows:

  • where Frax is named, by buyer and by framing, and which cells hold its first choices;
  • the claims the models make when they name it, ranked, with the strongest and the weakest quoted;
  • its vocabulary against the segment leader's, and the pages the models cited;
  • who was chosen in the answers that did not name Frax, and every reason the record gives;
  • a battlecard for each top rival: the head-to-head split, why they win, and the reservation quoted against them;
  • one page of published figures cleared to show a buyer.

A verification link goes to your work email; an address at the vendor's own domain is approved on the spot, any other is reviewed by hand. Your email is never published. Claiming gives no say over labels, shares, verdicts or which quotes appear.