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ProtocolsFrax Finance

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INCLUDE IN TVL:

Frax Finance

Total Value Locked$305.2m

Chain Breakdown
Ethereum$293.28m
Fraxtal$10.31m
Arbitrum$870.19k
Dogechain$196.11k
Avalanche$164.41k
Moonbeam$144.4k
BSC$141.03k
Polygon$97.16k
Fantom$32.1
Include in TVL (optional)
$108.72m
$21.05m
$334.22k

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

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