Ask about Frgmnt
Logo of FrgmntFrgmnt
Total Value Locked$98,960

TVL by Chain

Base$98,960

Protocol Information

Frgmnt is a multi-collateralized stablecoin on Base. fUSD is minted against USDC (1 fUSD = 1 USD) and its reserves are deployed into DeFi yield strategies. Staking fUSD mints sfUSD, a non-transferable token whose yield is claimable by stakers.

CategoryYield Aggregator

Audits:

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Methodology

TVL: TVL is the protocol's on-chain total fund value (totalFundValue from PoolLogic.getFundSummary), i.e. the USD value of the collateral backing fUSD/sfUSD. The collateral is deployed into external stablecoin-lending strategies, so TVL is flagged as double-counted.View code on GitHub

Competitors

CIAN Yield Layer ($286.92m)Yearn Finance ($143.26m)Beefy ($103.15m)Vesper ($41.14m)YO Protocol ($35.71m)Fusion by IPOR ($31.73m)vfat.io ($28.66m)Superform ($23.51m)Lazy Summer Protocol ($19.83m)Harvest Finance ($11.28m)