Frax Finance
Total Value Locked$502.64m
Ethereum | $482.01m |
---|---|
Fraxtal | $13.16m |
Arbitrum | $1.81m |
Polygon | $1.19m |
Fantom | $1.18m |
Avalanche | $1.16m |
Moonbeam | $967,599 |
BSC | $894,375 |
Dogechain | $264,706 |
Include in TVL (optional) | |
---|---|
$67.45m | |
$30.63m | |
$223,814 |
Staked | $67.45m |
---|---|
$30.63m | |
$4.77m | |
$18.08m | |
$6.25m | |
$858,132 | |
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