Key Metrics
Fees 30d$11,791.67
Fees 30d by chain
Ethereum$11,769
Arbitrum$22.83
Fees 7d$2,410
Ethereum$2,403
Arbitrum$6.93
Fees 24h$177
Ethereum$177
Arbitrum$0
Cumulative Fees$5.63m
Ethereum$5.6m
Arbitrum$35,232.88
Revenue 30d$823.97
Revenue 30d by chain
Ethereum$821.68
Arbitrum$2.29
Revenue 7d$135.69
Ethereum$135
Arbitrum$0.69
Revenue 24h$0
Arbitrum$0
Ethereum$0
Cumulative Revenue$82,682.96
Ethereum$79,938.3
Arbitrum$2,743.65
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Ethereum$0
Holders Revenue 7d$0
Arbitrum$0
Ethereum$0
Holders Revenue 24h$0
Arbitrum$0
Ethereum$0
Cumulative Holders Revenue$0
Arbitrum$0
Ethereum$0
Staked$4.53m
Total RaisedUndisclosed
Oct 22, 2019Round: Seed
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
Audits:
Methodology
TVL: Counts liquidty as the Collateral USDC on all AMOs, USDC POOLs, FRAX3CRV and FEI3CRVs through their ContractsView code on GitHubFees: Total interest paid to users by borrowing FRAX.View code on GitHubRevenue: Amount of interest collected by Frax Finance.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked30
Average Supply APY1.13%
Competitors
Frequently Asked Questions
What is Frax's TVL?
Frax currently has $36.19m in total value locked. TVL has decreased 19.7% over the past 30 days.
What chains does Frax operate on?
Frax operates on 2 chains: Ethereum and Arbitrum. Ethereum holds the largest share at 100%.
How much has Frax generated in fees and revenue?
Over the past 30 days, Frax generated $11,791.67 in fees. Of that, $823.97 was protocol revenue. Based on the trailing year, the annualized rate is $372,988.31 in fees and $31,868.69 in revenue.
How does Frax's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, Frax ranks #1 by TVL. The category holds $50.52m across 102 protocols, and Frax accounts for 72.1% of that total. Other leading protocols include Beanstalk, Mento V2, Basis Cash, SPOT Cash, Frax FPI, Finext Finance, OrderNChaos, XUSD Money, Generic.Money, and Spice Trade.
How many yield pools does Frax have?
DefiLlama tracks 30 Frax yield pools with an average APY of 1.1%.