Frax Finance
Total Value Locked$224.12m
| Ethereum | $216.02m |
|---|---|
| Fraxtal | $6.53m |
| Arbitrum | $923.39k |
| Dogechain | $168.13k |
| Avalanche | $146.68k |
| BSC | $131.55k |
| Moonbeam | $118.95k |
| Polygon | $87.76k |
| Fantom | $28.93 |
| Include in TVL (optional) | |
|---|---|
| $56.38m | |
| $17.81m | |
| $222.8k |
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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