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ProtocolsFrax Finance

INCLUDE IN TVL:

Frax Finance

Total Value Locked$222.17m

Chain Breakdown
Ethereum$213.46m
Fraxtal$7.19m
Arbitrum$812.78k
Dogechain$180.91k
Avalanche$162.77k
BSC$132.54k
Moonbeam$132.46k
Polygon$94.31k
Fantom$30.33
Include in TVL (optional)
$61.08m
$17.14m
$229.53k

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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