Key Metrics
Fees (Annualized)$396,038.64
Fees 30d$20,040.28
Ethereum$20,001
Arbitrum$39.34
Fees 7d$3,877
Ethereum$3,869
Arbitrum$8.17
Fees 24h$0
Arbitrum$0
Ethereum$0
Cumulative Fees$5.62m
Ethereum$5.59m
Arbitrum$35,218.22
Revenue (Annualized)$34,360.22
Revenue 30d$621.16
Ethereum$617.51
Arbitrum$3.93
Revenue 7d$218.73
Ethereum$217.91
Arbitrum$0.82
Revenue 24h$0
Arbitrum$0
Ethereum$0
Cumulative Revenue$82,077.72
Ethereum$79,334.53
Arbitrum$2,742.18
Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0
Arbitrum$0
Ethereum$0
Holders Revenue 7d$0
Arbitrum$0
Ethereum$0
Holders Revenue 24h$0
Arbitrum$0
Ethereum$0
Cumulative Holders Revenue$0
Arbitrum$0
Ethereum$0
Staked$5.23m
$FRAX Liquidity$1.74m
Curve DEX$1.25m
Uniswap V3$258,800
Uniswap V2$236,824
Total Raised
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
Audits:
Methodology
TVL: Counts liquidty as the Collateral USDC on all AMOs, USDC POOLs, FRAX3CRV and FEI3CRVs through their ContractsView code on GitHubFees: Total interest paid to users by borrowing FRAX.View code on GitHubRevenue: Amount of interest collected by Frax Finance.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked30
Average Supply APY1.23%
Competitors
Frequently Asked Questions
What is Frax?
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's TVL?
Frax currently has $46.35m in total value locked. TVL has increased 6.8% over the past 30 days.
What chains does Frax operate on?
Frax operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Frax generated in fees and revenue?
Over the past 30 days, Frax generated $20,040.28 in fees. Of that, $621.16 was protocol revenue. Based on the trailing year, the annualized rate is $396,038.64 in fees and $34,360.22 in revenue.
How does Frax's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, Frax ranks #1 by TVL. The category holds $60.24m across 102 protocols, and Frax accounts for 76.9% of that total. Other leading protocols include Mento V2, SPOT Cash, Basis Cash, Frax FPI, XUSD Money, Generic.Money, Spice Trade, TiTi Protocol, OpenDAO, and Fei Protocol.
How many yield pools does Frax have?
DefiLlama tracks 30 Frax yield pools with an average APY of 1.2%.
