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ProtocolsFrax Finance

INCLUDE IN TVL:

Frax Finance

Total Value Locked$548.62m

Chain Breakdown
Ethereum$525.32m
Fraxtal$14.18m
Arbitrum$2.81m
Polygon$1.29m
Avalanche$1.27m
Fantom$1.19m
Moonbeam$1.08m
BSC$931.47k
Dogechain$533.65k
Include in TVL (optional)
$78.36m
$33.19m
$237.65k

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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