Frax Finance
Total Value Locked$458.71m
Ethereum | $439.65m |
---|---|
Fraxtal | $11.96m |
Arbitrum | $1.75m |
Polygon | $1.12m |
Fantom | $1.09m |
Avalanche | $1.09m |
Moonbeam | $919,521 |
BSC | $858,490 |
Dogechain | $292,022 |
Include in TVL (optional) | |
---|---|
$60.32m | |
$30.53m | |
$212,201 |
Market Cap | $150.18m |
---|---|
$1.83 | |
Fully Diluted Valuation | $178.07m |
$14.17m | |
Staked | $60.32m |
(40.17% of mcap) | |
$30.53m | |
$4.21m | |
$26.66m | |
$13.47m | |
$825,156 | |
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 02/11/24)
Weekly commits: 39
Monthly commits: 1
Weekly developers: 15
Monthly developers: 1
Last commit: 2 hours ago (2024-11-02)
Token Information
Methodology
Fees: Sum of all fees from Frax,Frax Swap,Frax Ether
Revenue: Sum of all revenue from Frax,Frax Swap,Frax Ether