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

Yields

Pools Tracked49

Average APY9.63%

View all Yields

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 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 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