Frax Finance
Total Value Locked$937.39m
| Ethereum | $924.76m |
|---|---|
| Fraxtal | $7.74m |
| Arbitrum | $1.07m |
| Polygon | $844,851 |
| Avalanche | $758,519 |
| Fantom | $746,686 |
| BSC | $552,054 |
| Moonbeam | $521,111 |
| Dogechain | $403,010 |
| Include in TVL (optional) | |
|---|---|
| $220.78m | |
| $628,182 | |
| $0 |
| Market Cap | $393.44m |
|---|---|
| $4.96 | |
| Fully Diluted Valuation | $496.13m |
| $14.45m | |
| Staked | $220.78m |
| (56.12% of mcap) | |
| $26.08m | |
| $1.63m | |
| $36.18m | |
| $11.29m | |
| $1.98m | |
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: 4 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