Frax Finance
Total Value Locked$489.87m
| Ethereum | $464.42m |
|---|---|
| Fraxtal | $17.02m |
| Arbitrum | $3.09m |
| Polygon | $1.22m |
| Avalanche | $1.06m |
| Fantom | $1.02m |
| BSC | $804,088 |
| Moonbeam | $745,409 |
| Dogechain | $477,044 |
| Include in TVL (optional) | |
|---|---|
| $117.65m | |
| $32.28m | |
| $288,112 |
| Staked | $117.65m |
|---|---|
| $32.28m | |
| $5.41m | |
| $90.18m | |
| $73.76m | |
| $812,765 | |
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
Token Information
Methodology
Fees: Sum of all fees from Frax,Frax Swap,Frax Ether
Revenue: Sum of all revenue from Frax,Frax Swap,Frax Ether