Frax Finance
Total Value Locked$469.77m
| Ethereum | $449.72m |
|---|---|
| Fraxtal | $12.72m |
| Arbitrum | $1.82m |
| Polygon | $1.14m |
| Fantom | $1.13m |
| Avalanche | $1.12m |
| Moonbeam | $953,220 |
| BSC | $878,862 |
| Dogechain | $281,272 |
| Include in TVL (optional) | |
|---|---|
| $62.37m | |
| $29.49m | |
| $218,480 |
| Staked | $62.37m |
|---|---|
| $29.49m | |
| $4.28m | |
| $22.11m | |
| $11.1m | |
| $833,446 | |
Protocol Information
FRAX is a dollar-pegged stablecoin that uses AMO smart contracts and permissionless, non-custodial subprotocols as stability mechanisms. The two internal subprotocols used as stability mechanisms are Fraxlend, a decentralized lending market and Fraxswap, an automated market maker (AMM) with special features. The external subprotocol used as a stability mechanism is Curve. Additional subprotocols and AMOs can be added with governance allowing FRAX to incorporate future stability mechanisms seamlessly as they are discovered
Development Activity
(updated at 26/10/24)
Weekly commits: 9
Monthly commits: 26
Weekly developers: 3
Monthly developers: 6
Last commit: 2 days ago (2024-10-26)
Token Information
Methodology
Fees: Sum of all fees from Frax,Frax Swap,Frax Ether
Revenue: Sum of all revenue from Frax,Frax Swap,Frax Ether