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ProtocolsFrax Finance

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INCLUDE IN TVL:

Frax Finance

Total Value Locked$363.43m

Chain Breakdown
Ethereum$343.85m
Fraxtal$16.12m
Arbitrum$1.38m
Moonbeam$559.76k
Fantom$419.58k
Avalanche$345.22k
BSC$276.73k
Dogechain$271.19k
Polygon$207.98k
Include in TVL (optional)
$59.1m
$50.52m
$225.33k

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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