Ask about Frgmnt
Logo of FrgmntFrgmnt
Total Value Locked$98,312.63

TVL by Chain

Base$98,312.63

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.

Category:Yield 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 ($279.5m)Yearn Finance ($179.28m)Beefy ($109.79m)Vesper ($76.61m)Fusion by IPOR ($42.31m)YO Protocol ($34.41m)vfat.io ($30.91m)Superform ($18.08m)Yield Yak Aggregator ($13.28m)Harvest Finance ($12.62m)

Frequently Asked Questions

What is Frgmnt?

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.

What is Frgmnt's TVL?

Frgmnt currently has $98,312.63 in total value locked. TVL has decreased 0.7% 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 #69 by TVL. The category holds $1.269b across 186 protocols, and Frgmnt accounts for <0.1% of that total. Other leading protocols include CIAN Protocol, Yearn, and Fluid.