Frax Finance
Total Value Locked$488.45m
| Ethereum | $469.11m |
|---|---|
| Fraxtal | $12.17m |
| Arbitrum | $1.72m |
| Polygon | $1.18m |
| Avalanche | $1.12m |
| Fantom | $1.1m |
| Moonbeam | $947,324 |
| BSC | $874,061 |
| Dogechain | $222,759 |
| Include in TVL (optional) | |
|---|---|
| $66.13m | |
| $32.24m | |
| $222,341 |
| Market Cap | $160.43m |
|---|---|
| $1.99 | |
| Fully Diluted Valuation | $193.56m |
| $11.77m | |
| Staked | $66.13m |
| (41.22% of mcap) | |
| $32.24m | |
| $4.87m | |
| $18.71m | |
| $4m | |
| $848,346 | |
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 02/10/24)
Weekly commits: 1
Monthly commits: 1
Weekly developers: 1
Monthly developers: 1
Last commit: 4 days ago (2024-10-02)
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