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ProtocolsFrax Finance

INCLUDE IN TVL:

Frax Finance

Total Value Locked$364.93m

Chain Breakdown
Ethereum$345.89m
Fraxtal$13.22m
Arbitrum$2.01m
Fantom$813k
Avalanche$807.16k
Polygon$671.67k
BSC$649.29k
Moonbeam$557.75k
Dogechain$299.53k
Include in TVL (optional)
$56.21m
$27.19m
$217.63k

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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