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ProtocolsFrax Finance

INCLUDE IN TVL:

Frax Finance

Total Value Locked$515.62m

Chain Breakdown
Ethereum$489.74m
Fraxtal$17.39m
Arbitrum$3.1m
Polygon$1.23m
Avalanche$1.08m
Fantom$1.04m
BSC$812.98k
Moonbeam$785.37k
Dogechain$438.49k
Include in TVL (optional)
$128m
$36.22m
$292.06k

Information

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

Token Information

Raises

Treasury

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