Logo of Frax USDFrax USD(FRAX)
Total Value Locked$109.29m

TVL by Chain

Ethereum$109.29m

Key Metrics

Fees (Annualized)$3.07m
Fees 30d$325,136

Ethereum$325,136

Fees 7d$73,090

Ethereum$73,090

Fees 24h$10,366

Ethereum$10,366

Cumulative Fees$3.25m

Ethereum$3.25m

Sui$332

Revenue (Annualized)$366.1
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

Category:RWA

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

BlackRock BUIDL ($3.685b)Circle USYC ($3.014b)Tether Gold ($2.848b)Ondo Yield Assets ($2.567b)Paxos Gold ($1.792b)Centrifuge Protocol ($1.641b)Spiko ($1.185b)Ondo Global Markets ($943.75m)Anemoy Capital ($871.25m)WisdomTree ($775.58m)