Frax Finance (FXS)
Total Value Locked$282.71m
TVL by Chain
Ethereum$272.6m
Fraxtal$8.76m
Arbitrum$737,947
Avalanche$146,019
BSC$137,789
Dogechain$122,394
Moonbeam$118,474
Polygon$84,689
Fantom$22.81
Key Metrics
Fees (Annualized)$10.98m
Fees 30d$900,029
Fees 24h$8,943
Cumulative Fees$54.58m
Revenue (Annualized)$1.99m
Revenue 30d$163,094
Revenue 24h$6,217
Cumulative Revenue$11.38m
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Holders Revenue 24h$0
Cumulative Holders Revenue$0
DEX Volume 30d$34.4m
DEX Volume 24h$1.26m
Cumulative DEX Volume$3.256b
Market Cap$182.99m
$FXS Price$2.01
All Time High$42.8
All Time Low$1.26
Fully Diluted Valuation$200.61m
$FXS Volume 24h$11.49m
CEX Volume$6.57m
DEX Volume$4.86m(42.3% of total)
Staked$56.53m(30.89% of mcap)
Borrowed$14.25m
$FXS Liquidity$1.49m
Curve DEX$1.05m
Uniswap V3$238,297
Uniswap V2$198,585
Treasury$12.42m
Majors$59,035
Stablecoins$723,964
Own Tokens$10.08m
Others$1.55m
Total Raised$0
Oct 22, 2019$0Round: Seed
Frax Finance (FXS)
Total Value Locked$282.71m
TVL by Chain
Ethereum$272.6m
Fraxtal$8.76m
Arbitrum$737,947
Avalanche$146,019
BSC$137,789
Dogechain$122,394
Moonbeam$118,474
Polygon$84,689
Fantom$22.81
Key Metrics
Fees (Annualized)$10.98m
Fees 30d$900,029
Fees 24h$8,943
Cumulative Fees$54.58m
Revenue (Annualized)$1.99m
Revenue 30d$163,094
Revenue 24h$6,217
Cumulative Revenue$11.38m
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Holders Revenue 24h$0
Cumulative Holders Revenue$0
DEX Volume 30d$34.4m
DEX Volume 24h$1.26m
Cumulative DEX Volume$3.256b
Market Cap$182.99m
$FXS Price$2.01
All Time High$42.8
All Time Low$1.26
Fully Diluted Valuation$200.61m
$FXS Volume 24h$11.49m
CEX Volume$6.57m
DEX Volume$4.86m(42.3% of total)
Staked$56.53m(30.89% of mcap)
Borrowed$14.25m
$FXS Liquidity$1.49m
Curve DEX$1.05m
Uniswap V3$238,297
Uniswap V2$198,585
Treasury$12.42m
Majors$59,035
Stablecoins$723,964
Own Tokens$10.08m
Others$1.55m
Total Raised$0
Oct 22, 2019$0Round: Seed
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
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Frax: Total interest paid to users by borrowing FRAX.View code on GitHubFrax Swap: A 0.3% fee is collected from each swapView code on GitHubFrax Ether: Staking rewardsView code on GitHub
Revenue:
Frax: Total interest paid to users by borrowing FRAX.View code on GitHubFrax Swap: Percentage of swap fees going to treasury and/or token holdersView code on GitHubFrax Ether: Percentage of user rewards paid to protocolView code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Development Activity
Updated at Jun 17, 2025
Weekly commits3
Monthly commits35
Weekly developers2
Monthly developers5
Last commit17/06/25 (10 days ago)