Frax Finance
Total Value Locked$578.39m
| Ethereum | $561.45m |
|---|---|
| Fraxtal | $8.72m |
| Arbitrum | $2.74m |
| Polygon | $1.17m |
| Avalanche | $1.13m |
| Fantom | $1.11m |
| Moonbeam | $985.59k |
| BSC | $876.65k |
| Dogechain | $207.73k |
| Include in TVL (optional) | |
|---|---|
| $65.34m | |
| $33.78m | |
| $219.75k |
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
- Total raised: 0m
- 10/22/2019 : Seed
TVL Charts
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