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ProtocolsFrax Finance

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INCLUDE IN TVL:

Frax Finance

Total Value Locked$562.24m

Chain Breakdown
Ethereum$545.54m
Fraxtal$8.65m
Arbitrum$2.61m
Polygon$1.16m
Avalanche$1.12m
Fantom$1.12m
Moonbeam$968.12k
BSC$867.06k
Dogechain$204.33k
Include in TVL (optional)
$64.33m
$33.74m
$218.56k

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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