Frax Finance
Total Value Locked$563.04m
| Ethereum | $541.14m |
|---|---|
| Fraxtal | $13.74m |
| Arbitrum | $2.02m |
| Avalanche | $1.24m |
| Polygon | $1.22m |
| Fantom | $1.18m |
| Moonbeam | $995,395 |
| BSC | $920,296 |
| Dogechain | $580,408 |
| Include in TVL (optional) | |
|---|---|
| $72m | |
| $31.9m | |
| $231,687 |
| Staked | $72m |
|---|---|
| $31.9m | |
| $5.06m | |
| $36.73m | |
| $25.55m | |
| $907,362 | |
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 14/11/24)
Weekly commits: 26
Monthly commits: 39
Weekly developers: 14
Monthly developers: 18
Last commit: 6 hours ago (2024-11-14)
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