Frax Finance
Total Value Locked$590.63m
| Ethereum | $565.87m |
|---|---|
| Fraxtal | $14.85m |
| Arbitrum | $2.96m |
| Polygon | $1.42m |
| Avalanche | $1.4m |
| Fantom | $1.34m |
| Moonbeam | $1.22m |
| BSC | $985,897 |
| Dogechain | $588,647 |
| Include in TVL (optional) | |
|---|---|
| $91.47m | |
| $32.96m | |
| $249,297 |
| Staked | $91.47m |
|---|---|
| $32.96m | |
| $5.58m | |
| $47.51m | |
| $35.14m | |
| $1.06m | |
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: a day 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