Frax Finance
Total Value Locked$579.05m
| Ethereum | $555.02m |
|---|---|
| Fraxtal | $14.66m |
| Arbitrum | $2.88m |
| Avalanche | $1.33m |
| Polygon | $1.32m |
| Fantom | $1.22m |
| Moonbeam | $1.13m |
| BSC | $946,894 |
| Dogechain | $545,814 |
| Include in TVL (optional) | |
|---|---|
| $81.73m | |
| $32.7m | |
| $245,835 |
| Staked | $81.73m |
|---|---|
| $32.7m | |
| $5m | |
| $48.38m | |
| $33.63m | |
| $1m | |
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 22/11/24)
Weekly commits: 6
Monthly commits: 49
Weekly developers: 1
Monthly developers: 20
Last commit: 12 hours ago (2024-11-22)
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