Frax Finance
Total Value Locked$280.18m
| ||||||||||||||||||
|
| Market Cap | $220.06m |
|---|---|
| $2.45 | |
| Fully Diluted Valuation | $243.94m |
| $22.03m | |
| Staked | $71.72m |
| (32.59% of mcap) | |
| $21.07m | |
| $1.73m | |
| $1.42m | |
| $12.99m | |
| $5.9m | |
| $2.41m | |
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 08/05/25)
Weekly commits: 5
Monthly commits: 15
Weekly developers: 3
Monthly developers: 4
Last commit: 2 days ago (2025-05-08)
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