Ask about Frgmnt

Logo of FrgmntFrgmnt

Total Value Locked$162,181

TVL by Chain

Base$162,181

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.

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Category:Yield Aggregator

Audits:

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 ($312.27m)Yearn Finance ($206.32m)Beefy ($121.97m)Vesper ($95.01m)Fusion by IPOR ($76.42m)vfat.io ($38.91m)YO Protocol ($36.66m)Harvest Finance ($23.78m)Yield Yak Aggregator ($17.41m)Superform ($16.63m)

Frequently Asked Questions

What is Frgmnt's TVL?

Frgmnt currently has $162,181 in total value locked. TVL has increased 64.6% over the past 30 days.

What chains does Frgmnt operate on?

Frgmnt operates on Base. Base holds the largest share at 100%.

How does Frgmnt's TVL compare to similar protocols?

Among Yield Aggregator protocols tracked by DefiLlama, Frgmnt ranks #64 by TVL. The category holds $1.511b across 193 protocols, and Frgmnt accounts for <0.1% of that total. Other leading protocols include CIAN Yield Layer, Yearn Finance, Beefy, Vesper, Fusion by IPOR, vfat.io, YO Protocol, Harvest Finance, Yield Yak Aggregator, and Superform.