Frax Finance
Total Value Locked$296.87m
| ||||||||||||||||||
|
| Market Cap | $277.44m |
|---|---|
| $3.06 | |
| Fully Diluted Valuation | $304.98m |
| $23.2m | |
| Staked | $86.8m |
| (31.29% of mcap) | |
| $20.6m | |
| $1.94m | |
| $1.85m | |
| $14m | |
| $6.37m | |
| $2.51m | |
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 23/05/25)
Weekly commits: 15
Monthly commits: 75
Weekly developers: 2
Monthly developers: 23
Last commit: 3 days ago (2025-05-23)
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