Frax (FRAX)
Total Value Locked$115.04m
TVL by Chain
Ethereum$98.6m
staking$16.28m
pool2$159,759
Key Metrics
Fees (Annualized)$732,525
Fees 30d$60,043
Fees 7d$14,397
Fees 24h$8,222
Cumulative Fees$4.69m
Revenue (Annualized)$732,525
Revenue 30d$60,043
Revenue 7d$14,397
Revenue 24h$8,222
Cumulative Revenue$4.89m
Holders Revenue (Annualized)$668,865
Holders Revenue 30d$54,825
Holders Revenue 7d$13,302
Holders Revenue 24h$7,411
Cumulative Holders Revenue$189,366
Staked$16.28m
$FRAX Liquidity$1.74m
Curve DEX$1.25m
Uniswap V3$258,800
Uniswap V2$236,824
Total Raised$0
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
Audits:
Methodology
TVL: Counts liquidty as the Collateral USDC on all AMOs, USDC POOLs, FRAX3CRV and FEI3CRVs through their ContractsView code on GitHubFees: Total interest paid to users by borrowing FRAX.View code on GitHubRevenue: Total interest paid to users by borrowing FRAX.View code on GitHubHolders Revenue: View code on GitHubIncome Statement for Frax
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | |
|---|---|---|---|---|---|---|---|---|
| Fees | $132,408 | $177,229 | $317,030 | $709,732 | $718,522 | $933,431 | $1.7m | $0 |
| Revenue | $132,408 | $177,229 | $317,030 | $709,732 | $718,522 | $933,431 | $1.76m | $147,717 |
| Earnings | $132,408 | $177,229 | $317,030 | $709,732 | $718,522 | $933,431 | $1.76m | $147,717 |
| Token Holder Net Income | $119,950 | $69,416 | $0 | $0 | $0 | $0 | $0 | $0 |