Frax Finance
Total Value Locked$877.38m
| Ethereum | $865.22m |
|---|---|
| Fraxtal | $7.47m |
| Arbitrum | $1.04m |
| Polygon | $802,391 |
| Fantom | $726,848 |
| Avalanche | $718,224 |
| BSC | $531,179 |
| Moonbeam | $498,746 |
| Dogechain | $372,657 |
| Include in TVL (optional) | |
|---|---|
| $197.25m | |
| $593,098 | |
| $0 |
| Market Cap | $356.75m |
|---|---|
| $4.5 | |
| Fully Diluted Valuation | $449.83m |
| $17.25m | |
| Staked | $197.25m |
| (55.29% of mcap) | |
| $26.08m | |
| $1.72m | |
| $37.01m | |
| $12.13m | |
| $1.95m | |
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 19/04/24)
Weekly commits: 25
Monthly commits: 32
Weekly developers: 14
Monthly developers: 18
Last commit: 7 days ago (2024-04-19)
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