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ProtocolsFrax Finance

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INCLUDE IN TVL:

Frax Finance

Total Value Locked$199.72m

Chain Breakdown
Ethereum$191.76m
Fraxtal$6.43m
Arbitrum$869.37k
Dogechain$169.01k
Avalanche$150.88k
BSC$130.9k
Moonbeam$120.22k
Polygon$86.2k
Fantom$28.3
Include in TVL (optional)
$52.77m
$15.99m
$215.98k

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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