Frax Finance
Total Value Locked$518.36m
Ethereum | $497.99m |
---|---|
Fraxtal | $12.82m |
Arbitrum | $1.89m |
Polygon | $1.16m |
Fantom | $1.16m |
Avalanche | $1.14m |
Moonbeam | $961,954 |
BSC | $888,676 |
Dogechain | $344,130 |
Include in TVL (optional) | |
---|---|
$66.04m | |
$30.7m | |
$219,468 |
Staked | $66.04m |
---|---|
$30.7m | |
$4.56m | |
$27.9m | |
$17.42m | |
$866,580 | |
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 07/11/24)
Weekly commits: 5
Monthly commits: 6
Weekly developers: 1
Monthly developers: 1
Last commit: 11 hours ago (2024-11-07)
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