Frax Finance
Total Value Locked$346.52m
| Ethereum | $327.42m |
|---|---|
| Fraxtal | $15.75m |
| Arbitrum | $1.33m |
| Moonbeam | $549,771 |
| Fantom | $410,655 |
| Avalanche | $332,400 |
| BSC | $272,566 |
| Dogechain | $261,274 |
| Polygon | $201,045 |
| Include in TVL (optional) | |
|---|---|
| $56.36m | |
| $50.38m | |
| $216,981 |
| Staked | $56.36m |
|---|---|
| $50.38m | |
| $4.1m | |
| $57.79m | |
| $45.25m | |
| $3.34m | |
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 21/02/25)
Weekly commits: 48
Monthly commits: 137
Weekly developers: 19
Monthly developers: 40
Last commit: 21 hours ago (2025-02-21)
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