Logo of FraxFrax(FRAX)
Total Value Locked$46.81m

TVL by Chain

Ethereum$46.81m

Key Metrics

Fees (Annualized)$488,500
Fees 30d$4,676

Ethereum$4,629

Arbitrum$47

Fees 7d$1,656

Ethereum$1,638

Arbitrum$18

Fees 24h$5

Arbitrum$5

Ethereum$0

Cumulative Fees$5.6m

Ethereum$5.56m

Arbitrum$35,151

Revenue (Annualized)$35,595
Revenue 30d$470

Ethereum$466

Arbitrum$4

Revenue 7d$167

Ethereum$165

Arbitrum$2

Revenue 24h$1

Arbitrum$1

Ethereum$0

Cumulative Revenue$81,151

Ethereum$78,424

Arbitrum$2,727

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Arbitrum$0

Ethereum$0

Holders Revenue 7d$0

Arbitrum$0

Ethereum$0

Holders Revenue 24h$0

Arbitrum$0

Ethereum$0

Cumulative Holders Revenue$0

Arbitrum$0

Ethereum$0

Staked$4.1m

Total Raised$0

Oct 22, 2019Round: Seed

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

CategoryAlgo-Stables

Audits:

WebsiteTwitter

Methodology

TVL: Counts liquidty as the Collateral USDC on all AMOs, USDC POOLs, FRAX3CRV and FEI3CRVs through their ContractsView code on GitHubFees: Total interest paid to users by borrowing FRAX.View code on GitHubRevenue: Amount of interest collected by Frax Finance.View code on GitHubHolders Revenue: View code on GitHub

Competitors

Mento V2 ($11.53m)Basis Cash ($245,661)SPOT Cash ($204,766)Frax FPI ($164,949)Oin Finance ($35,699)Generic.Money ($34,801)XUSD Money ($24,952)Spice Trade ($7,455)TiTi Protocol ($7,248)OpenDAO ($6,228)