InformationTVLStablecoin InfoYieldsFees and RevenueForks

Frax (FXS)

Total Value Locked$3.81m
Chain Breakdown
Ethereum$3.81m
Include in TVL (optional)
$66.72m
$242,409
Staked$66.72m
$1.71m
$938,961
$938,961
$0
USDETH

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

Category:Algo-Stables

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Token Information

Address:0x3432b6...c964d0

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Methodology

TVL: Counts liquidty as the Collateral USDC on all AMOs, USDC POOLs, FRAX3CRV and FEI3CRVs through their Contracts

Fees: Total interest paid to users by borrowing FRAX.

Revenue: Total interest paid to users by borrowing FRAX.

TVLFees and Revenuefrax

Competitors

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