Frax Finance
Total Value Locked$548.62m
| Ethereum | $525.32m |
|---|---|
| Fraxtal | $14.18m |
| Arbitrum | $2.81m |
| Polygon | $1.29m |
| Avalanche | $1.27m |
| Fantom | $1.19m |
| Moonbeam | $1.08m |
| BSC | $931,469 |
| Dogechain | $533,650 |
| Include in TVL (optional) | |
|---|---|
| $78.36m | |
| $33.19m | |
| $237,647 |
| Staked | $78.36m |
|---|---|
| $33.19m | |
| $4.96m | |
| $44.09m | |
| $32.4m | |
| $953,274 | |
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 21/11/24)
Weekly commits: 2
Monthly commits: 45
Weekly developers: 1
Monthly developers: 20
Last commit: 10 hours ago (2024-11-21)
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