Frax (FXS)
Total Value Locked2,302 ETH
| ||||||
|
| Staked | 33,022 ETH |
|---|---|
| 1,786 ETH | |
| 3,330 ETH | |
| 3,330 ETH | |
| 2,059 ETH | |
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
Category:Algo-Stables
Last tweet: 3 days ago (2025-04-10)
Development Activity
(updated at 12/04/25)
Weekly commits: 19
Monthly commits: 31
Weekly developers: 3
Monthly developers: 3
Last commit: 2 days ago (2025-04-12)
Methodology
TVL: Counts liquidty as the Collateral USDC on all AMOs, USDC POOLs, FRAX3CRV and FEI3CRVs through their Contracts