Frax Finance (FXS)
Total Value Locked$498.05m
TVL by Chain
Ethereum$485.46m
Fraxtal$11.26m
Arbitrum$758,659
Avalanche$175,981
BSC$157,327
Dogechain$134,176
Polygon$98,855
Moonbeam$48.35
Fantom$26.6
Key Metrics
Fees (Annualized)$13.29m
Fees 30d$1.09m
Fees 7d$258,836
Fees 24h$7,527
Cumulative Fees$52.86m
Revenue (Annualized)$1.96m
Revenue 30d$160,657
Revenue 7d$39,003
Revenue 24h$4,794
Cumulative Revenue$8.63m
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Holders Revenue 7d$0
Holders Revenue 24h$0
Cumulative Holders Revenue$0
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$1.96m
Earnings 30d$160,657
Earnings 7d$39,003
Earnings 24h$4,794
Cumulative Earnings$8.63m
DEX Volume 30d$75.56m
DEX Volume 7d$11.27m
DEX Volume 24h$1.38m
Cumulative DEX Volume$3.34b
Market Cap$282.52m
$FXS Price$3.18
All Time High$42.8
All Time Low$1.26
Fully Diluted Valuation$316.77m
Outstanding FDV$191.36m
$FXS Volume 24h$18.37m
CEX Volume$10.92m
DEX Volume$7.4m(40.3% of total)
Staked$79.99m(28.31% of mcap)
Borrowed$37.98m
$FXS Liquidity$2.11m
Curve DEX$1.59m
Uniswap V3$270,746
Uniswap V2$251,443
Treasury$14.84m
Majors$110,150
Stablecoins$24,775
Own Tokens$13.19m
Others$1.51m
Total Raised$0
Frax Finance (FXS)
Total Value Locked$498.05m
TVL by Chain
Ethereum$485.46m
Fraxtal$11.26m
Arbitrum$758,659
Avalanche$175,981
BSC$157,327
Dogechain$134,176
Polygon$98,855
Moonbeam$48.35
Fantom$26.6
fetching revenue...
Key Metrics
Fees (Annualized)$13.29m
Fees 30d$1.09m
Fees 7d$258,836
Fees 24h$7,527
Cumulative Fees$52.86m
Revenue (Annualized)$1.96m
Revenue 30d$160,657
Revenue 7d$39,003
Revenue 24h$4,794
Cumulative Revenue$8.63m
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Holders Revenue 7d$0
Holders Revenue 24h$0
Cumulative Holders Revenue$0
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$1.96m
Earnings 30d$160,657
Earnings 7d$39,003
Earnings 24h$4,794
Cumulative Earnings$8.63m
DEX Volume 30d$75.56m
DEX Volume 7d$11.27m
DEX Volume 24h$1.38m
Cumulative DEX Volume$3.34b
Market Cap$282.52m
$FXS Price$3.18
All Time High$42.8
All Time Low$1.26
Fully Diluted Valuation$316.77m
Outstanding FDV$191.36m
$FXS Volume 24h$18.37m
CEX Volume$10.92m
DEX Volume$7.4m(40.3% of total)
Staked$79.99m(28.31% of mcap)
Borrowed$37.98m
$FXS Liquidity$2.11m
Curve DEX$1.59m
Uniswap V3$270,746
Uniswap V2$251,443
Treasury$14.84m
Majors$110,150
Stablecoins$24,775
Own Tokens$13.19m
Others$1.51m
Total Raised$0
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
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Frax: Total interest paid to users by borrowing FRAX.View code on GitHubFrax Swap: A 0.3% fee is collected from each swapView code on GitHubFrax Ether: Staking rewardsView code on GitHub
Revenue:
Frax: Total interest paid to users by borrowing FRAX.View code on GitHubFrax Swap: Percentage of swap fees going to treasury and/or token holdersView code on GitHubFrax Ether: Percentage of user rewards paid to protocolView code on GitHub
Holders Revenue:
Frax: View code on GitHubFrax Swap: Money going to governance token holdersView code on GitHubFrax Ether: View code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Income Statement for Frax Finance
Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fees | $1.45m | $2.35m | $3.48m | $4.57m | $5.08m | $7.63m | $8.24m | $5.44m | $4.56m | $4.25m | $3.6m | $766,430 | $893,995 | $503,599 | $39,635 | $2,857 |
Revenue | $232,793 | $490,716 | $952,005 | $1.05m | $1.31m | $2.3m | $867,556 | $466,885 | $402,461 | $361,769 | $172,941 | $22,554 | $0 | $0 | $0 | $0 |
Earnings | $232,793 | $490,716 | $952,005 | $1.05m | $1.31m | $2.3m | $867,556 | $466,885 | $402,461 | $361,769 | $172,941 | $22,554 | $0 | $0 | $0 | $0 |
Token Holder Net Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |