Frax Finance (FRAX)
Total Value Locked$536.31m
| Ethereum | $527.2m |
|---|---|
| Fraxtal | $8.23m |
| Arbitrum | $427,668 |
| BSC | $171,091 |
| Avalanche | $147,978 |
| Polygon | $82,022 |
| Dogechain | $48,313 |
| Moonbeam | $32.9 |
| Fantom | $15.84 |
| Include in TVL (optional) | |
|---|---|
| $28.46m | |
| $27.66m | |
| $195,035 |
| Market Cap | $112.29m |
|---|---|
| $1.25 | |
| Fully Diluted Valuation | $124.77m |
| $10.02m | |
| Staked | $28.46m |
| (25.34% of mcap) | |
| $27.66m | |
| $1.74m | |
| $13.4m | |
| $1.91m | |
| $2.1m | |
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
Development Activity
(updated at 17/06/25)
Weekly commits: 3
Monthly commits: 35
Weekly developers: 2
Monthly developers: 5
Last commit: 5 months ago (2025-06-17)
Methodology
Fees: Sum of all fees from Frax,Fraxlend,Frax Swap,Frax Ether
Revenue: Sum of all revenue from Frax,Fraxlend,Frax Swap,Frax Ether