Navigate to Home PageNavigate to Home Page
⌘K

ProtocolsFrax Finance

INCLUDE IN STATS:
Information
TVL
Treasury
Unlocks
Yields
Fees and Revenue
Volume
Governance

Frax Finance

Total Value Locked
$890.04m
Chain Breakdown
Ethereum$878.38m
Fraxtal$6.31m
Arbitrum$2.25m
Polygon$672,687
Avalanche$635,770
Fantom$591,131
BSC$473,217
Moonbeam$426,870
Dogechain$302,093
Include in TVL (optional)
$115.94m
$439,547
$0
Market Cap
$208.8m
$2.59
Fully Diluted Valuation
$257.68m
$20.28m
Staked
$115.94m
(55.53% of mcap)
$26.08m
$1.36m
$22.62m
$6.14m
$1.73m

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 20/07/24)

Weekly commits: 9
Monthly commits: 32
Weekly developers: 1
Monthly developers: 3

Last commit: 2 days ago (2024-07-20)

Token Information

Methodology

Fees: Sum of all fees from Frax Swap,Frax,Frax Ether

Revenue: Sum of all revenue from Frax Swap,Frax,Frax Ether