Frax Finance
Total Value Locked$580.27m
| Ethereum | $556.01m |
|---|---|
| Fraxtal | $14.48m |
| Arbitrum | $2.92m |
| Avalanche | $1.4m |
| Polygon | $1.36m |
| Fantom | $1.32m |
| Moonbeam | $1.18m |
| BSC | $964,906 |
| Dogechain | $633,561 |
| Include in TVL (optional) | |
|---|---|
| $85.09m | |
| $32.95m | |
| $245,778 |
| Staked | $85.09m |
|---|---|
| $32.95m | |
| $5.18m | |
| $49.29m | |
| $34.52m | |
| $1.02m | |
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 23/11/24)
Weekly commits: 8
Monthly commits: 51
Weekly developers: 1
Monthly developers: 20
Last commit: 5 hours ago (2024-11-23)
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