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ProtocolsFrax Finance

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INCLUDE IN TVL:

Frax Finance

Total Value Locked$221.39m

Chain Breakdown
Ethereum$212.37m
Fraxtal$7.49m
Arbitrum$818.44k
Dogechain$181.18k
Avalanche$164.05k
Moonbeam$135.21k
BSC$133.19k
Polygon$98.78k
Fantom$32.64
Include in TVL (optional)
$70.48m
$17.23m
$240.85k

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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