Frax Finance
Total Value Locked$870.53m
| Ethereum | $858.54m |
|---|---|
| Fraxtal | $7.35m |
| Arbitrum | $1.04m |
| Polygon | $803,888 |
| Avalanche | $716,115 |
| Fantom | $713,562 |
| BSC | $528,843 |
| Moonbeam | $487,768 |
| Dogechain | $352,941 |
| Include in TVL (optional) | |
|---|---|
| $190.59m | |
| $578,585 | |
| $0 |
| Market Cap | $345.46m |
|---|---|
| $4.36 | |
| Fully Diluted Valuation | $435.11m |
| $14.42m | |
| Staked | $190.59m |
| (55.17% of mcap) | |
| $26.08m | |
| $1.61m | |
| $34.71m | |
| $11.53m | |
| $1.92m | |
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 27/04/24)
Weekly commits: 1
Monthly commits: 33
Weekly developers: 1
Monthly developers: 18
Last commit: 3 days ago (2024-04-27)
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