Frax Finance
Total Value Locked$226.04m
| Ethereum | $217.95m |
|---|---|
| Fraxtal | $6.53m |
| Arbitrum | $892,400 |
| Dogechain | $170,898 |
| Avalanche | $148,912 |
| BSC | $132,783 |
| Moonbeam | $126,339 |
| Polygon | $90,108 |
| Fantom | $30.86 |
| Include in TVL (optional) | |
|---|---|
| $58.51m | |
| $17.95m | |
| $223,919 |
| Staked | $58.51m |
|---|---|
| $17.95m | |
| $3.31m | |
| $15.66m | |
| $8.82m | |
| $3.3m | |
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