Frax Finance
Total Value Locked$213.87m
| Ethereum | $205.23m |
|---|---|
| Fraxtal | $7.16m |
| Arbitrum | $794,787 |
| Dogechain | $172,126 |
| Avalanche | $160,535 |
| BSC | $131,846 |
| Moonbeam | $129,529 |
| Polygon | $93,629 |
| Fantom | $29.75 |
| Include in TVL (optional) | |
|---|---|
| $61.67m | |
| $17.04m | |
| $229,865 |
| Staked | $61.67m |
|---|---|
| $17.04m | |
| $3.23m | |
| $10.92m | |
| $4.99m | |
| $3.34m | |
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