Frax Finance (FRAX)
Total Value Locked$270.04m
| Ethereum | $263.12m |
|---|---|
| Fraxtal | $6.33m |
| Arbitrum | $222,858 |
| BSC | $138,112 |
| Avalanche | $107,398 |
| Polygon | $60,244 |
| OP Mainnet | $41,615 |
| Dogechain | $31,928 |
| Moonbeam | $19.63 |
| Fantom | $9 |
| Include in TVL (optional) | |
|---|---|
| $14.57m | |
| $9.66m | |
| $163,980 |
| Market Cap | $68.24m |
|---|---|
| $0.72 | |
| Fully Diluted Valuation | $72.12m |
| $4.23m | |
| Staked | $14.57m |
| (21.35% of mcap) | |
| $9.66m | |
| $1.74m | |
| $8.73m | |
| $585,136 | |
| $1.75m | |
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: 8 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