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ProtocolsFrax Finance

INCLUDE IN TVL:

Frax Finance

Total Value Locked$225.62m

Chain Breakdown
Ethereum$217.45m
Fraxtal$6.61m
Arbitrum$891.64k
Dogechain$170.45k
Avalanche$145.25k
BSC$130.7k
Moonbeam$127.04k
Polygon$86.28k
Fantom$29.48
Include in TVL (optional)
$56.68m
$17.75m
$220.51k

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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