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ProtocolsFrax Finance

INCLUDE IN TVL:

Frax Finance

Total Value Locked$197.19m

Chain Breakdown
Ethereum$189.29m
Fraxtal$6.35m
Arbitrum$909.03k
Dogechain$164.41k
Avalanche$148.27k
BSC$130.13k
Moonbeam$116.49k
Polygon$86.22k
Fantom$27.28
Include in TVL (optional)
$51m
$15.8m
$213.84k

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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