Frax Finance

Total Value Locked$194.47m
Chain Breakdown
Ethereum$186.62m
Fraxtal$6.3m
Arbitrum$908,277
Dogechain$165,051
Avalanche$146,955
BSC$129,591
Moonbeam$117,668
Polygon$85,674
Fantom$27.28
Include in TVL (optional)
$49.82m
$15.74m
$210,612
Market Cap$151.62m
$1.7
Fully Diluted Valuation$169.29m
$12.61m
Staked$49.82m
(32.86% of mcap)
$15.74m
$2.69m
$1.86m
$12.64m
$6.14m
$3.24m

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

Development Activity

(updated at 10/04/25)

Weekly commits: 16
Monthly commits: 28
Weekly developers: 3
Monthly developers: 3

Last commit: 10 hours ago (2025-04-10)

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