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ProtocolsFrax

INCLUDE IN STATS:
Information
TVL
Stablecoin Info
Fees and Revenue

Frax (FXS)

Total Value Locked
$4.89m
Chain Breakdown
Ethereum$4.89m
Include in TVL (optional)
$114.16m
$433,175
Staked
$114.16m
$4.52m
$4.52m

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

Category:Algo-Stables

Audits
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Development Activity

(updated at 21/07/24)

Weekly commits:
Monthly commits:
Weekly developers:
Monthly developers:

Last commit: a few seconds ago (2024-07-21)

Token Information

Address:0x3432b6...c964d0

Methodology

TVL: Counts liquidty as the Collateral USDC on all AMOs, USDC POOLs, FRAX3CRV and FEI3CRVs through their Contracts