Frax Finance (FXS)
Total Value Locked$293.26m
| ||||||||||||||||||
|
| Market Cap | $214.02m |
|---|---|
| $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