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ProtocolsFrax Finance

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INCLUDE IN TVL:

Frax Finance

Total Value Locked$482.88m

Chain Breakdown
Ethereum$457.2m
Fraxtal$17.57m
Arbitrum$2.8m
Polygon$1.21m
Fantom$1.07m
Avalanche$1.06m
BSC$807.92k
Moonbeam$773.78k
Dogechain$387.73k
Include in TVL (optional)
$125.93m
$35.07m
$295.81k

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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