Frax Finance
Total Value Locked$293.2m
| ||||||||||||||||||
|
| Market Cap | $239.53m |
|---|---|
| $2.66 | |
| Fully Diluted Valuation | $265.34m |
| $19.17m | |
| Staked | $78.95m |
| (32.96% of mcap) | |
| $20.37m | |
| $1.83m | |
| $1.42m | |
| $11.88m | |
| $5.87m | |
| $2.47m | |
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
Last tweet: 3 days ago (2025-05-10)
Development Activity
(updated at 10/05/25)
Weekly commits: 9
Monthly commits: 19
Weekly developers: 4
Monthly developers: 5
Last commit: 3 days ago (2025-05-10)
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