Frax Finance
Total Value Locked$862.7m
| Ethereum | $849.63m |
|---|---|
| Fraxtal | $6.75m |
| Arbitrum | $2.7m |
| Polygon | $805,797 |
| Fantom | $748,264 |
| Avalanche | $717,232 |
| BSC | $519,650 |
| Moonbeam | $461,377 |
| Dogechain | $357,755 |
| Include in TVL (optional) | |
|---|---|
| $182.71m | |
| $577,760 | |
| $0 |
| Staked | $182.71m |
|---|---|
| $26.08m | |
| $602,052 | |
| $25.55m | |
| $8.73m | |
| $1.88m | |
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 20/05/24)
Weekly commits: 13
Monthly commits: 35
Weekly developers: 4
Monthly developers: 16
Last commit: 14 hours ago (2024-05-20)
Token Information
Methodology
Fees: Sum of all fees from Frax Swap,Frax,Frax Ether
Revenue: Sum of all revenue from Frax Swap,Frax,Frax Ether