Frax Finance (FRAX)
Total Value Locked$499.53m
| Ethereum | $491.56m |
|---|---|
| Fraxtal | $7.16m |
| Arbitrum | $355,889 |
| BSC | $162,494 |
| Avalanche | $128,897 |
| Polygon | $67,235 |
| Dogechain | $50,756 |
| OP Mainnet | $50,693 |
| Moonbeam | $28.92 |
| Fantom | $9.25 |
| Include in TVL (optional) | |
|---|---|
| $16.33m | |
| $13.11m | |
| $159,679 |
| Market Cap | $61.9m |
|---|---|
| $0.7 | |
| Fully Diluted Valuation | $70.38m |
| $5.9m | |
| Staked | $16.33m |
| (26.37% of mcap) | |
| $13.11m | |
| $1.74m | |
| $11.73m | |
| $1.67m | |
| $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: 6 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