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ProtocolsFrax Finance

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INCLUDE IN TVL:

Frax Finance

Total Value Locked$477.5m

Chain Breakdown
Ethereum$452.41m
Fraxtal$16.82m
Arbitrum$3.03m
Polygon$1.21m
Avalanche$1.05m
Fantom$994.3k
BSC$792.92k
Moonbeam$739.84k
Dogechain$467.96k
Include in TVL (optional)
$113.8m
$32.26m
$290.04k

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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