Frax Finance
Total Value Locked$780.33m
| Ethereum | $769.74m |
|---|---|
| Fraxtal | $5.36m |
| Arbitrum | $2.36m |
| Polygon | $638,529 |
| Avalanche | $590,287 |
| Fantom | $548,520 |
| BSC | $444,814 |
| Moonbeam | $403,701 |
| Dogechain | $240,106 |
| Include in TVL (optional) | |
|---|---|
| $108.92m | |
| $453,104 | |
| $0 |
| Market Cap | $198.79m |
|---|---|
| $2.48 | |
| Fully Diluted Valuation | $246.77m |
| $11.84m | |
| Staked | $108.92m |
| (54.79% of mcap) | |
| $26.08m | |
| $1.65m | |
| $25.31m | |
| $7.14m | |
| $1.67m | |
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 05/07/24)
Weekly commits: 14
Monthly commits: 14
Weekly developers: 2
Monthly developers: 2
Last commit: 2 days ago (2024-07-05)
Token Information
Methodology
Fees: Sum of all fees from Frax Swap,Frax,Frax Ether
Revenue: Sum of all revenue from Frax Swap,Frax,Frax Ether