Frax Finance (FXS)
Total Value Locked$293.26m
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Market Cap | $214.02m |
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$2.36 | |
Fully Diluted Valuation | $234.87m |
$9.07m | |
Staked | $66.72m |
(31.18% of mcap) | |
$15.18m | |
$1.71m | |
$742,249 | |
$11.26m | |
$1.86m | |
$0 | |
$2.39m | |
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 17/06/25)
Weekly commits: 3
Monthly commits: 35
Weekly developers: 2
Monthly developers: 5
Last commit: 4 days ago (2025-06-17)
Methodology
Fees: Sum of all fees from Frax,Frax Swap,Frax Ether
Revenue: Sum of all revenue from Frax,Frax Swap,Frax Ether