Frax Finance
Total Value Locked$478.12m
| Ethereum | $453.1m |
|---|---|
| Fraxtal | $17.16m |
| Arbitrum | $2.71m |
| Polygon | $1.18m |
| Fantom | $1.04m |
| Avalanche | $1.02m |
| BSC | $791,501 |
| Moonbeam | $758,768 |
| Dogechain | $374,552 |
| Include in TVL (optional) | |
|---|---|
| $118.41m | |
| $35.45m | |
| $285,736 |
| Staked | $118.41m |
|---|---|
| $35.45m | |
| $7.34m | |
| $76.09m | |
| $60.33m | |
| $775,534 | |
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 31/12/24)
Weekly commits: 4
Monthly commits: 39
Weekly developers: 1
Monthly developers: 4
Last commit: 2 hours ago (2024-12-31)
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