Frax Finance
Total Value Locked$518.2m
| Ethereum | $497.83m |
|---|---|
| Fraxtal | $12.82m |
| Arbitrum | $1.9m |
| Polygon | $1.16m |
| Fantom | $1.16m |
| Avalanche | $1.14m |
| Moonbeam | $962,110 |
| BSC | $889,053 |
| Dogechain | $345,064 |
| Include in TVL (optional) | |
|---|---|
| $66.37m | |
| $30.69m | |
| $219,468 |
| Staked | $66.37m |
|---|---|
| $30.69m | |
| $4.5m | |
| $27.9m | |
| $17.42m | |
| $869,595 | |
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: 13 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