# Frax: how AI models rank it, November 2026

Gane Index, November 2026 Edition. Named in 3 judge labels across 1 category by 3 of 14 models. Page: https://www.gane.ai/index/finance/vendors/frax

## Standing by category

| Category | Share | Rank | Negative rate | Labels |
|---|---|---|---|---|
| [Stablecoin platforms](https://www.gane.ai/index/finance/treasury/stablecoin-platforms/index.md) | 0% | 110 | 33% | 3 |

## And against it

- "it remains unproven during severe global financial stress and is generally considered a high-risk investment" (GLM 4.7 FlashX, Stablecoin platforms)

## By model

| Model | First choice | Alternative | Mention | Warning | Labels |
|---|---|---|---|---|---|
| Claude Haiku 4.5 | 0 | 0 | 0 | 0 | 0 |
| GPT-5.4 mini | 0 | 0 | 0 | 0 | 0 |
| Gemini 3.5 Flash | 0 | 0 | 0 | 0 | 0 |
| Perplexity Sonar | 0 | 0 | 0 | 0 | 0 |
| Grok 4.20 | 0 | 0 | 1 | 0 | 1 |
| Mistral Small | 0 | 0 | 1 | 0 | 1 |
| DeepSeek V4 Flash | 0 | 0 | 0 | 0 | 0 |
| Llama 4 Maverick | 0 | 0 | 0 | 0 | 0 |
| Qwen 3.7 Flash | 0 | 0 | 0 | 0 | 0 |
| Kimi K2 | 0 | 0 | 0 | 0 | 0 |
| GLM 4.7 FlashX | 0 | 0 | 0 | 1 | 1 |
| MiniMax M2.5 | 0 | 0 | 0 | 0 | 0 |
| GPT-6 Luna | 0 | 0 | 0 | 0 | 0 |
| Muse Glimmer 30B | 0 | 0 | 0 | 0 | 0 |

## Sources returned with these answers

The sites and pages cited by the answers that named Frax, from 6 of the 6 answers that named it (only the models that return a source list).

### Domains cited

- coingecko.com: 3
- stripe.com: 3
- transfi.com: 3
- aon.com: 2
- binance.com: 2
- bis.org: 2
- coinmarketcap.com: 2
- federalreserve.gov: 2
- hkma.gov.hk: 2
- tangem.com: 2

### Pages cited

- https://coingecko.com/research/publications/state-of-stablecoins-2024: 3
- https://aon.com/en/insights/articles/stablecoins-and-financial-stability: 2
- https://coinmarketcap.com/view/stablecoin: 2
- https://federalreserve.gov/econres/notes/feds-notes/in-the-shadow-of-bank-run-lessons-from-the-silicon-valley-bank-failure-and-its-impact-on-stablecoins-20251217.html: 2
- https://hkma.gov.hk/media/eng/publication-and-research/research/research-memorandums/2022/RM09-2022.pdf: 2
- https://stripe.com/resources/more/are-stablecoins-safe-for-business-use: 2
- https://tangem.com/en/blog/post/stablecoin-investment: 2
- https://transfi.com/blog/best-stablecoin: 2

## Record

- Method: https://www.gane.ai/index/finance/methodology
- License: CC BY 4.0. Cite as Gane Index, November 2026 Edition, www.gane.ai/index/finance.