Logo of Frax USDFrax USD(FRAX)
Total Value Locked$122.99m

TVL by Chain

Ethereum$122.99m

Key Metrics

Fees (Annualized)$1.43m
Fees 30d$11,451

Ethereum$11,451

Fees 7d$11,451

Ethereum$11,451

Fees 24h$11,451

Ethereum$11,451

Cumulative Fees$11,783

Ethereum$11,451

Sui$332

Revenue (Annualized)$40,393
Revenue 30d$0

Ethereum$0

Revenue 7d$0

Ethereum$0

Revenue 24h$0

Ethereum$0

Cumulative Revenue$332

Sui$332

Ethereum$0

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

CategoryRWA

Sub Category: Treasury Bills

WebsiteTwitter

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: View code on GitHub

Competitors

Circle USYC ($3.076b)Tether Gold ($3.069b)BlackRock BUIDL ($3.027b)Ondo Yield Assets ($2.623b)Paxos Gold ($1.97b)Centrifuge Protocol ($1.636b)Spiko ($1.124b)Ondo Global Markets ($1.038b)Ethena USDtb ($915.91m)Anemoy Capital ($867.25m)