Frax Finance
Total Value Locked$503.4m
| Ethereum | $482.58m |
|---|---|
| Fraxtal | $13.28m |
| Arbitrum | $1.87m |
| Polygon | $1.2m |
| Fantom | $1.17m |
| Avalanche | $1.16m |
| Moonbeam | $964,370 |
| BSC | $895,620 |
| Dogechain | $279,877 |
| Include in TVL (optional) | |
|---|---|
| $66.77m | |
| $29.83m | |
| $220,520 |
| Market Cap | $169.25m |
|---|---|
| $1.97 | |
| Fully Diluted Valuation | $201.09m |
| $11.96m | |
| Staked | $66.77m |
| (39.45% of mcap) | |
| $29.83m | |
| $4.59m | |
| $19.7m | |
| $7.9m | |
| $867,200 | |
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 19/10/24)
Weekly commits: 11
Monthly commits: 12
Weekly developers: 4
Monthly developers: 4
Last commit: a day ago (2024-10-19)
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