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ProtocolsFrax Finance

INCLUDE IN TVL:

Frax Finance

Total Value Locked$548.23m

Chain Breakdown
Ethereum$525m
Fraxtal$14.18m
Arbitrum$2.79m
Polygon$1.28m
Avalanche$1.27m
Fantom$1.18m
Moonbeam$1.08m
BSC$925.87k
Dogechain$532.52k
Include in TVL (optional)
$76.68m
$33.2m
$237.21k

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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