Key Metrics
Fees (Annualized)$3.19m
Fees 30d$308,064
Ethereum$308,064
Fees 7d$64,197
Ethereum$64,197
Fees 24h$10,727
Ethereum$10,727
Cumulative Fees$3.68m
Ethereum$3.68m
Revenue (30d Run Rate)$0
Revenue 30d$0
Ethereum$0
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$0
Ethereum$0
$FRAX Liquidity$1.74m
Curve DEX$1.25m
Uniswap V3$258,800
Uniswap V2$236,824
Protocol Information
Frax USD (frxUSD) is a fully collateralized stablecoin issued by Frax Finance, combining off-chain custodians holding cash-equivalent reserves with on-chain minting and redemption mechanisms
Sub Category: Treasury Bills
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Yields generated by onchain money market funds used to back FRX-USD tokensView code on GitHubRevenue: No revenue share to FRAX protocolView code on GitHubCompetitors
Frequently Asked Questions
What is Frax USD's TVL?
Frax USD currently has $112.6m in total value locked. TVL has increased 3% over the past 30 days.
What chains does Frax USD operate on?
Frax USD operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Frax USD generated in fees and revenue?
Over the past 30 days, Frax USD generated $308,064 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $3.19m in fees.
How does Frax USD's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Frax USD ranks #26 by TVL. The category holds $27.451b across 146 protocols, and Frax USD accounts for 0.4% of that total. Other leading protocols include BlackRock BUIDL, Tether Gold, Circle USYC, Ondo Yield Assets, Spiko, Paxos Gold, Centrifuge Protocol, Ondo Global Markets, Anemoy Capital, and WisdomTree.
