Frax Finance

Total Value Locked$318.12m
Chain Breakdown
Ethereum$307.09m
Fraxtal$9.58m
Arbitrum$773,809
Avalanche$159,824
Dogechain$158,369
BSC$139,586
Moonbeam$133,307
Polygon$91,835
Fantom$25.77
Include in TVL (optional)
$77.57m
$15.77m
$257,742
Market Cap$248.91m
$2.75
Fully Diluted Valuation$273.72m
$16.07m
Staked$77.57m
(31.16% of mcap)
$15.77m
$2.12m
$1.63m
$10.12m
$1.66m
$0
$2.48m

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 12/06/25)

Weekly commits: 16
Monthly commits: 32
Weekly developers: 3
Monthly developers: 5

Last commit: a day ago (2025-06-12)

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