Ask about Frax Finance
Logo of Frax FinanceFrax Finance(FRAX)
Total Value Locked$265.47m

TVL by Chain

Ethereum$260.12m

Fraxtal$4.91m

BSC$129,728.7

Arbitrum$125,207.29

Avalanche$93,131.71

Polygon$54,270.94

OP Mainnet$40,139.42

Dogechain$2,818.5

Moonbeam$15.68

Fantom$7.84

Key Metrics

Fees (Annualized)$11.74m
Fees 30d$610,002

Ethereum$601,157

Fraxtal$8,084

Avalanche$371

BSC$156

OP Mainnet$129

Arbitrum$90

Aurora$0

Boba$0

Fantom$0

Harmony$0

Moonbeam$0

Moonriver$0

Polygon$0

Fees 7d$134,415

Ethereum$132,407

Fraxtal$1,851

Avalanche$64

Arbitrum$35

BSC$35

OP Mainnet$19

Aurora$0

Boba$0

Fantom$0

Harmony$0

Moonbeam$0

Moonriver$0

Polygon$0

Fees 24h$14,790

Ethereum$14,567

Fraxtal$194

Avalanche$16

Arbitrum$6

BSC$3

OP Mainnet$3

Aurora$0

Boba$0

Fantom$0

Harmony$0

Moonbeam$0

Moonriver$0

Polygon$0

Cumulative Fees$68.4m

Ethereum$65.95m

Fraxtal$1.01m

Moonbeam$297,552

Arbitrum$293,650.25

Polygon$233,411

Avalanche$181,976

Fantom$178,600

BSC$87,650

Moonriver$85,986

OP Mainnet$73,721

Harmony$8,319

Boba$1,912

Aurora$1,675

Sui$332

Revenue (Annualized)$746,663
Revenue 30d$26,532

Ethereum$26,445

Fraxtal$74

Arbitrum$7

Aurora$0

Avalanche$0

Boba$0

BSC$0

Fantom$0

Harmony$0

Moonbeam$0

Moonriver$0

OP Mainnet$0

Polygon$0

Revenue 7d$5,645

Ethereum$5,628

Fraxtal$13

Arbitrum$2

Aurora$0

Avalanche$0

Boba$0

BSC$0

Fantom$0

Harmony$0

Moonbeam$0

Moonriver$0

OP Mainnet$0

Polygon$0

Revenue 24h$342

Ethereum$341

Arbitrum$0

Aurora$0

Avalanche$0

Boba$0

BSC$0

Fantom$0

Fraxtal$0

Harmony$0

Moonbeam$0

Moonriver$0

OP Mainnet$0

Polygon$0

Cumulative Revenue$4.75m

Ethereum$4.74m

Fraxtal$6,301.04

Arbitrum$4,878.5

Sui$332

Aurora$0

Avalanche$0

Boba$0

BSC$0

Fantom$0

Harmony$0

Moonbeam$0

Moonriver$0

OP Mainnet$0

Polygon$0

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Arbitrum$0

Ethereum$0

Fraxtal$0

Holders Revenue 7d$0

Arbitrum$0

Ethereum$0

Fraxtal$0

Holders Revenue 24h$0

Arbitrum$0

Ethereum$0

Fraxtal$0

Cumulative Holders Revenue$0

Arbitrum$0

Ethereum$0

Fraxtal$0

Incentives 1y$4.65m

$0

$0

$0

$464.21m

Earnings (Annualized)-$3.9m

$26,532

$5,645

$342

-$459.46m

DEX Volume 30d$7.8m
DEX Volume 30d by chain

Ethereum$5.19m

Fraxtal$2.39m

Avalanche$124,173

BSC$52,421

OP Mainnet$43,879

Arbitrum$702

Moonbeam$68

Fantom$4

Aurora$0

Boba$0

Harmony$0

Moonriver$0

Polygon$0

DEX Volume 7d$1.24m

Ethereum$634,757

Fraxtal$566,473

Avalanche$21,337

BSC$12,048

OP Mainnet$6,707

Arbitrum$137

Moonbeam$20

Aurora$0

Boba$0

Fantom$0

Harmony$0

Moonriver$0

Polygon$0

DEX Volume 24h$122,412

Fraxtal$63,336

Ethereum$51,560

Avalanche$5,291

BSC$1,143

OP Mainnet$1,058

Arbitrum$24

Aurora$0

Boba$0

Fantom$0

Harmony$0

Moonbeam$0

Moonriver$0

Polygon$0

Cumulative DEX Volume$3.613b

Ethereum$2.752b

Fraxtal$281.38m

Moonbeam$123.27m

Moonriver$80.8m

Polygon$77.82m

BSC$77.15m

Arbitrum$75.07m

Avalanche$60.48m

Fantom$59.45m

Harmony$16.36m

Boba$4.77m

Aurora$4.17m

OP Mainnet$507,450

Collateral Liquidated 30d$9
Collateral Liquidated 30d by chain

Ethereum$9

Arbitrum$0

Fraxtal$0

Collateral Liquidated 7d$9

Ethereum$9

Arbitrum$0

Fraxtal$0

Collateral Liquidated 24h$0

Arbitrum$0

Ethereum$0

Fraxtal$0

Cumulative Collateral Liquidated$9

Ethereum$9

Arbitrum$0

Fraxtal$0

Market Cap$25.45m

$FRAX Price$0.27

All Time High$42.8

All Time Low$0.22

View $FRAX token page

$27.1m

$27.19m

$FRAX Volume 24h$407,486

CEX Volume$236,684.55

DEX Volume$201,305.1(49.4% of total)

Staked$4.56m(17.91% of mcap)

Active Loans$4.73m

$FRAX Liquidity$1.74m

Curve DEX$1.25m

Uniswap V3$258,800

Uniswap V2$236,824

Treasury$1.31m

$1.09m

Stablecoins$201,477.78

Own Tokens$0.000000099

Others$18,245.61

Total Raised$0

Oct 22, 2019Round: Seed

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

Category:RWA

WebsiteGitHubTwitter

Yields

Pools Tracked48

Average Supply APY1.12%

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Frax - Total interest paid to users by borrowing FRAX.View code on GitHubFraxlend - Includes Lenders interest, liquidation fee and 10% interest feeView code on GitHubFrax Swap - A 0.3% fee is collected from each swapView code on GitHubFrax Ether - All staking rewards from ETH validators.View code on GitHubFrax USD - Yields generated by onchain money market funds used to back FRX-USD tokensView code on GitHub

Revenue:

Frax - Amount of interest collected by Frax Finance.View code on GitHubFraxlend - 10% interest fee is considered as revenueView code on GitHubFrax Swap - No revenueView code on GitHubFrax Ether - Share of 10% staking rewards.View code on GitHub

Holders Revenue:

Frax Swap - Money going to governance token holdersView code on GitHubFrax Ether - No revenue share to token holders.View code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Competitors

Midas RWA ($118.91m)BlackRock BUIDL ($3.443b)BackedFi ($4.17m)Sweep ($8,185.84)Centrifuge Protocol ($1.629b)Circle USYC ($3.005b)Tether Gold ($2.89b)Ondo Yield Assets ($2.564b)Spiko ($2.26b)Paxos Gold ($1.801b)

Frequently Asked Questions

What is Frax Finance?

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

What is Frax Finance's TVL?

Frax Finance currently has $265.47m in total value locked. TVL has decreased 1.5% over the past 30 days.

What chains does Frax Finance operate on?

Frax Finance operates on 16 chains: Ethereum, Arbitrum, Fraxtal, BSC, and Avalanche and 11 others. Ethereum holds the largest share at 98%.

How much has Frax Finance generated in fees and revenue?

Over the past 30 days, Frax Finance generated $610,002 in fees. Of that, $26,532 was protocol revenue. Based on the trailing year, the annualized rate is $11.74m in fees and $746,663 in revenue.

What is the FRAX token price and valuation?

FRAX is currently trading at $0.27. Its circulating market capitalization is $25.45m, ranking it #881. Its fully diluted valuation is $27.1m. Supply currently stands at 93.62m circulating, 99.68m total supply.

How has FRAX performed recently?

FRAX is up 2.4% over the past 7 days and up 14.3% over the past 30 days. Its all-time high is $42.8, reached on Jan 12, 2022. The token is currently 99.4% below that level.

Which protocols are included in Frax Finance?

Frax Finance is a parent protocol whose tracked products include Frax USD, Frax Ether, Frax, Fraxlend, and Frax Swap and 2 others.

How much has been borrowed through Frax Finance?

Frax Finance currently has $4.73m in active loans.

Does Frax Finance have a treasury?

Frax Finance has a tracked treasury currently valued at $1.31m. Its holdings include $201,477.78 in stablecoins, $1.09m in major assets, $0.000000099 in its own tokens, $18,245.61 in other assets.