Total Value Locked$18.38m
TVL by Chain
Ethereum$17.82m
Fraxtal$403,785
Arbitrum$155,102
Key Metrics
Fees 30d$120,363
Fees 30d by chain
Ethereum$119,542
Fraxtal$757.04
Arbitrum$63.83
Fees 7d$40,414
Ethereum$40,183
Fraxtal$221.46
Arbitrum$8.71
Fees 24h$3,500
Ethereum$3,482
Fraxtal$14.16
Arbitrum$4.58
Cumulative Fees$3.95m
Ethereum$3.85m
Fraxtal$77,767
Arbitrum$27,088
Revenue 30d$11,387
Revenue 30d by chain
Ethereum$11,221
Fraxtal$160.46
Arbitrum$5.74
Revenue 7d$4,301
Ethereum$4,188
Fraxtal$111.68
Arbitrum$0.79
Revenue 24h$318
Ethereum$316
Fraxtal$1.29
Arbitrum$0.42
Cumulative Revenue$219,676
Ethereum$201,766
Fraxtal$12,022
Arbitrum$5,895
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Ethereum$0
Fraxtal$0
Holders Revenue 7d$0
Arbitrum$0
Ethereum$0
Fraxtal$0
Holders Revenue 24h$0
Arbitrum$0
Ethereum$0
Fraxtal$0
Cumulative Holders Revenue$0
Arbitrum$0
Ethereum$0
Fraxtal$0
Collateral Liquidated 30d$33,934
Collateral Liquidated 30d by chain
Ethereum$28,995
Fraxtal$4,938
Arbitrum$0
Collateral Liquidated 7d$33,918
Ethereum$28,980
Fraxtal$4,938
Arbitrum$0
Collateral Liquidated 24h$0.04
Fraxtal$0.04
Arbitrum$0
Ethereum$0
Cumulative Collateral Liquidated$34,229
Ethereum$29,071
Fraxtal$5,158
Arbitrum$0
Active Loans$5.98m
Protocol Information
Fraxlend is a lending platform that allows anyone to create a market between a pair of ERC-20 tokens. Any token part of a Chainlink data feed can be lent to borrowers or used as collateral
Part of Frax Finance
Audits:
Methodology
TVL: Gets the pairs from the REGISTRY_ADDRESS and adds the collateral amounts from each pairView code on GitHubFees: Includes Lenders interest, liquidation fee and 10% interest feeView code on GitHubRevenue: 10% interest fee is considered as revenueView code on GitHubHolders Revenue: View code on GitHubCollateral Liquidated: Total USD value of collateral seized in Fraxlend Liquidate events.View code on GitHubYields
Pools Tracked17
Average Supply APY3.19%
Largest Pools by TVL
ffrxUSD(sfrxETH)-58Ethereum$4.59m
fFRAX(sfrxETH)-16Ethereum$887,223
ffrxUSD(sfrxUSD)-69Ethereum$625,477
ffrxUSD(WFRAX)-68Ethereum$453,582
ffrxUSD(sUSDe)-59Ethereum$199,764
Competitors
Closest by TVL
Fraxlend history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Sep 8, 2022 to Nov 13, 2026.
All-time high TVL: $326.47m on Mar 12, 2024. All-time low TVL: $441,237 on Sep 8, 2022.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $22.36m |
| Oct 16, 2026 | $22.49m |
| Oct 17, 2026 | $22.32m |
| Oct 18, 2026 | $22.14m |
| Oct 19, 2026 | $22.25m |
| Oct 20, 2026 | $22.14m |
| Oct 21, 2026 | $22.53m |
| Oct 22, 2026 | $22.73m |
| Oct 23, 2026 | $21.99m |
| Oct 24, 2026 | $21.96m |
| Oct 25, 2026 | $21.84m |
| Oct 26, 2026 | $21.6m |
| Oct 27, 2026 | $21.53m |
| Oct 28, 2026 | $21.73m |
| Oct 29, 2026 | $21.81m |
| Oct 30, 2026 | $20.95m |
| Oct 31, 2026 | $20.88m |
| Nov 1, 2026 | $20.98m |
| Nov 2, 2026 | $21.05m |
| Nov 3, 2026 | $20.86m |
| Nov 4, 2026 | $20.99m |
| Nov 5, 2026 | $22.07m |
| Nov 6, 2026 | $20.78m |
| Nov 7, 2026 | $20.68m |
| Nov 8, 2026 | $20.61m |
| Nov 9, 2026 | $19.92m |
| Nov 10, 2026 | $19.96m |
| Nov 11, 2026 | $19.34m |
| Nov 12, 2026 | $19.31m |
| Nov 13, 2026 | $18.97m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $113.82m |
| Jan 31, 2025 | $93.1m |
| Feb 28, 2025 | $64.81m |
| Mar 31, 2025 | $51.71m |
| Apr 30, 2025 | $43.34m |
| May 31, 2025 | $49.96m |
| Jun 30, 2025 | $46.14m |
| Jul 31, 2025 | $63.96m |
| Aug 31, 2025 | $60.96m |
| Sep 30, 2025 | $57.17m |
| Oct 31, 2025 | $45.84m |
| Nov 30, 2025 | $36.98m |
| Dec 31, 2025 | $34.33m |
| Jan 31, 2026 | $31.61m |
| Feb 28, 2026 | $29.91m |
| Mar 31, 2026 | $31.5m |
| Apr 30, 2026 | $32.83m |
| May 31, 2026 | $29.69m |
| Jun 30, 2026 | $19.2m |
| Jul 31, 2026 | $20.16m |
| Aug 31, 2026 | $22.71m |
| Sep 30, 2026 | $24.04m |
| Oct 31, 2026 | $20.88m |
| Nov 13, 2026 (latest) | $18.97m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $90.81m |
| Dec 31, 2023 | $197.39m |
| Dec 31, 2024 | $113.82m |
| Dec 31, 2025 | $34.33m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $434,750 | $11,467 | $0 |
| Jan 2025 | $457,744 | $11,157 | $0 |
| Feb 2025 | $249,168 | $13,973 | $0 |
| Mar 2025 | $213,849 | $11,354 | $0 |
| Apr 2025 | $191,794 | $25,067 | $0 |
| May 2025 | $125,636 | $3,859 | $0 |
| Jun 2025 | $186,475 | $9,678 | $0 |
| Jul 2025 | $158,414 | $6,172 | $0 |
| Aug 2025 | $159,033 | $13,444 | $0 |
| Sep 2025 | $97,589 | $8,837 | $0 |
| Oct 2025 | $117,378 | $16,259 | $0 |
| Nov 2025 | $129,517 | $11,842 | $0 |
| Dec 2025 | $94,361 | $7,868 | $0 |
| Jan 2026 | $105,634 | $9,695 | $0 |
| Feb 2026 | $66,800 | $7,067 | $0 |
| Mar 2026 | $70,192 | $6,103 | $0 |
| Apr 2026 | $44,907 | $3,695 | $0 |
| May 2026 | $48,744 | $4,125 | $0 |
| Jun 2026 | $36,898 | $4,019 | $0 |
| Jul 2026 | $33,249 | $3,022 | $0 |
| Aug 2026 | $118,165 | $3,357 | $0 |
| Sep 2026 | $38,707 | $3,380 | $0 |
| Oct 2026 | $68,014 | $5,767 | $0 |
| Nov 2026 (to date) | $71,249 | $7,103 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fraxlend
Frequently asked questions
What is Fraxlend's TVL?
As of Nov 13, 2026, Fraxlend has $18.38m in total value locked. TVL has decreased 20% over the past 30 days.
What chains does Fraxlend operate on?
Fraxlend operates on 3 chains: Ethereum, Fraxtal, and Arbitrum. Ethereum holds the largest share at 97%.
How much has Fraxlend generated in fees and revenue?
Over the past 30 days, Fraxlend generated $120,363 in fees. Of that, $11,387 was protocol revenue. Based on the trailing year, the annualized rate is $861,024 in fees and $71,608 in revenue.
How does Fraxlend's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Fraxlend ranks #53 by TVL. The category holds $46.943b across 520 protocols, and Fraxlend accounts for <0.1% of that total. Similar protocols include Morpho Blue, Curve LlamaLend, Aave V3, Compound V3, Venus Core Pool, Fluid Lending, Euler V2, Dolomite, Gearbox, and Native Credit Pool.
How much has been borrowed through Fraxlend?
As of Nov 13, 2026, Fraxlend has $5.98m in active loans.