Frax Finance
Total Value Locked$218.51m
| Ethereum | $209.8m |
|---|---|
| Fraxtal | $7.21m |
| Arbitrum | $803,931 |
| Dogechain | $172,859 |
| Avalanche | $162,168 |
| BSC | $132,799 |
| Moonbeam | $130,233 |
| Polygon | $92,924 |
| Fantom | $30.11 |
| Include in TVL (optional) | |
|---|---|
| $61.67m | |
| $17.08m | |
| $229,527 |
| Staked | $61.67m |
|---|---|
| $17.08m | |
| $3.22m | |
| $10.91m | |
| $4.99m | |
| $3.33m | |
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