Frax Finance
Total Value Locked$497.98m
| Ethereum | $477.4m |
|---|---|
| Fraxtal | $13.12m |
| Arbitrum | $1.82m |
| Polygon | $1.19m |
| Fantom | $1.19m |
| Avalanche | $1.15m |
| Moonbeam | $969,668 |
| BSC | $891,609 |
| Dogechain | $264,752 |
| Include in TVL (optional) | |
|---|---|
| $67.45m | |
| $30.59m | |
| $223,814 |
| Staked | $67.45m |
|---|---|
| $30.59m | |
| $4.88m | |
| $18.08m | |
| $6.25m | |
| $862,003 | |
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 15/10/24)
Weekly commits: 2
Monthly commits: 3
Weekly developers: 1
Monthly developers: 2
Last commit: 2 days ago (2024-10-15)
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