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ProtocolsFrax Finance

INCLUDE IN TVL:

Frax Finance

Total Value Locked$226.33m

Chain Breakdown
Ethereum$218.14m
Fraxtal$6.53m
Arbitrum$933.22k
Dogechain$241.15k
Avalanche$147.02k
BSC$132.06k
Moonbeam$119.59k
Polygon$88.17k
Fantom$28.88
Include in TVL (optional)
$55.46m
$17.84m
$219.63k

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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