Frax Finance (FRAX)
Total Value Locked$307.82m
| Ethereum | $301.28m |
|---|---|
| Fraxtal | $6.03m |
| Arbitrum | $145,044 |
| BSC | $134,710 |
| Avalanche | $109,393 |
| Polygon | $56,159 |
| OP Mainnet | $43,027 |
| Dogechain | $24,081 |
| Moonbeam | $17.49 |
| Fantom | $9.79 |
| Include in TVL (optional) | |
|---|---|
| $8.17m | |
| $7.61m | |
| $137,756 |
| Market Cap | $40.38m |
|---|---|
| $0.42 | |
| Fully Diluted Valuation | $42.19m |
| $1.18m | |
| Staked | $7.61m |
| (18.85% of mcap) | |
| $8.17m | |
| $1.74m | |
| $4.76m | |
| $414,885 | |
| $1.61m | |
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: 10 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