Frax Finance
Total Value Locked$477.5m
| Ethereum | $452.41m |
|---|---|
| Fraxtal | $16.82m |
| Arbitrum | $3.03m |
| Polygon | $1.21m |
| Avalanche | $1.05m |
| Fantom | $994,304 |
| BSC | $792,923 |
| Moonbeam | $739,842 |
| Dogechain | $467,957 |
| Include in TVL (optional) | |
|---|---|
| $113.8m | |
| $32.26m | |
| $290,044 |
| Staked | $113.8m |
|---|---|
| $32.26m | |
| $5.41m | |
| $90.17m | |
| $73.76m | |
| $809,689 | |
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