Frax Finance
Total Value Locked$871.23m
| Ethereum | $857.97m |
|---|---|
| Fraxtal | $6.84m |
| Arbitrum | $2.76m |
| Polygon | $818,530 |
| Fantom | $757,433 |
| Avalanche | $729,420 |
| BSC | $527,064 |
| Moonbeam | $469,009 |
| Dogechain | $368,374 |
| Include in TVL (optional) | |
|---|---|
| $188.48m | |
| $585,528 | |
| $0 |
| Market Cap | $341.97m |
|---|---|
| $4.31 | |
| Fully Diluted Valuation | $430.1m |
| $8.57m | |
| Staked | $188.48m |
| (55.12% of mcap) | |
| $26.08m | |
| $1.16m | |
| $25.74m | |
| $8.84m | |
| $1.91m | |
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 18/05/24)
Weekly commits: 7
Monthly commits: 29
Weekly developers: 3
Monthly developers: 16
Last commit: a day ago (2024-05-18)
Token Information
Methodology
Fees: Sum of all fees from Frax Swap,Frax,Frax Ether
Revenue: Sum of all revenue from Frax Swap,Frax,Frax Ether