Algo-Stables
Frax
Total TVL
$65.18M
Active pools
28
Chains supported
1
Official site: https://frax.com/ ↗
TVL by chain
| Chain | TVL on chain |
|---|---|
| Ethereum | $65.18M |
Top pools
| Chain | Symbol | TVL | APY |
|---|---|---|---|
| Ethereum | FPI-FRAX | $98.16M | 0.00% |
| Ethereum | SFRAX | $65.30M | 1.25% |
| Ethereum | SFRXUSD | $32.59M | 4.05% |
| Fraxtal | FRAX-WFRXETH | $3.31M | 0.91% |
| Ethereum | WFRAX-FRXUSD | $2.35M | 1.91% |
| Ethereum | IQ-FRAX | $2.23M | 1.87% |
| Fraxtal | FRAX-FXS | $1.60M | 1.94% |
| Ethereum | FXS-FRAX | $1.57M | 3.25% |
| Ethereum | FRAX-WETH | $618.4K | 1.63% |
| Fraxtal | IQ-FRAX | $407.8K | 0.00% |
FAQ
› What is Frax?
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
› How much TVL does Frax have?
Frax has $65.18M in total value locked across all supported chains as of the last refresh.
› How many active pools does Frax have?
We currently track 28 active pools for Frax.
› Is Frax audited?
DefiLlama lists 1 audit for Frax. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.