Lending
Fraxlend
Total TVL
$20.67M
Active pools
34
Chains supported
3
Official site: https://frax.com/lend ↗
Overview
Fraxlend is a decentralized lending protocol that enables users to lend and borrow assets while earning interest on their deposits or paying variable rates for loans. The platform differentiates itself by integrating with the Frax ecosystem, offering borrowers access to stablecoin liquidity.
The protocol holds $31.5M in total value locked (TVL) across 34 active pools on one chain: Ethereum dominates at 96%, followed distantly by Fraxtal at 3% and Arbitrum at less than 1%. This indicates a high concentration of assets on the Ethereum network, with minimal diversification to other chains.
No public audit references are available for Fraxlend. The protocol has an official website but lacks market cap data, suggesting limited token economic information is publicly disclosed.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
TVL history
Top pools
| Chain | Symbol | TVL | APY |
|---|---|---|---|
| Ethereum | FRXUSD | $6.15M | 2.42% |
| Ethereum | SFRXETH | $2.68M | 0.00% |
| Ethereum | FRAX | $883.2K | 5.59% |
| Ethereum | FRXUSD | $750.6K | 0.57% |
| Ethereum | FRXUSD | $669.9K | 0.59% |
| Ethereum | WFRAX | $624.7K | 0.00% |
| Ethereum | FRXUSD | $623.9K | 0.31% |
| Ethereum | SFRXUSD | $563.5K | 0.00% |
| Ethereum | SUSDE | $553.8K | 0.00% |
| Ethereum | FRXUSD | $523.7K | 0.46% |
FAQ
› What is Fraxlend?
Fraxlend is a lending platform that allows anyone to create a market between a pair of ERC-20 tokens. Any token part of a Chainlink data feed can be lent to borrowers or used as collateral
› How much TVL does Fraxlend have?
Fraxlend has $20.67M in total value locked across all supported chains as of the last refresh.
› How many active pools does Fraxlend have?
We currently track 34 active pools for Fraxlend.
› Is Fraxlend audited?
Audit information is not available in our data. Always check the protocol's official documentation before depositing.
See our methodology for how this data is collected.