Key Metrics
Fees (Annualized)$435,749
Fees 30d$5,347
Ethereum$5,301
Arbitrum$46
Fees 7d$1,405
Ethereum$1,388
Arbitrum$17
Fees 24h$0
Arbitrum$0
Ethereum$0
Cumulative Fees$5.6m
Ethereum$5.57m
Arbitrum$35,179
Revenue (Annualized)$35,416
Revenue 30d$535
Ethereum$531
Arbitrum$4
Revenue 7d$139
Ethereum$138
Arbitrum$1
Revenue 24h$0
Arbitrum$0
Ethereum$0
Cumulative Revenue$81,499
Ethereum$78,770
Arbitrum$2,729
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$4.7m
$FRAX Liquidity$1.74m
Curve DEX$1.25m
Uniswap V3$258,800
Uniswap V2$236,824
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
Category:Algo-Stables
Audits:
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 GitHubYields
Pools Tracked30
Average Supply APY0.81%
Competitors
Frequently Asked Questions
What is Frax?
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
What is Frax's TVL?
Frax currently has $42.34m in total value locked. TVL has decreased 12% over the past 30 days.
What chains does Frax operate on?
Frax operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Frax generated in fees and revenue?
Over the past 30 days, Frax generated $5,347 in fees. Of that, $535 was protocol revenue. Based on the trailing year, the annualized rate is $435,749 in fees and $35,416 in revenue.
How many yield pools does Frax have?
DefiLlama tracks 30 Frax yield pools with an average APY of 0.8%.
