Frax Finance
Total Value Locked$318.12m
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Market Cap | $248.91m |
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$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