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FRAX
Frax Finance
Fractional-Algorithmic Stablecoin
Launch App
Total Value Locked
$97.88M
Protocol TVL
FRAX Market Cap
$640.00M
Circulating supply
FXS Price
$7.85
Share token
Collateral Ratio
94.50%
Protocol backing
Frax Ecosystem Products
3 Active Products
sFRAX
Staking
Staked FRAX for yield
APR
7.20%
TVL
$250.00M
frxETH
LST
Liquid staked ETH
APR
4.80%
TVL
$480.00M
FraxLend
Lending
Lending markets
APR
12.50%
TVL
$120.00M
Key Features
Fractional-Algorithmic
Hybrid collateral and algorithmic design
frxETH Liquid Staking
Ethereum liquid staking derivative
FraxLend
Permissionless lending markets
FraxSwap
Time-weighted average market maker
FraxFerry
Cross-chain bridge solution
Security & Audits
Safety Score
85/100
Audited by Trail of Bits
Audited by CertiK
$1B+ protocol TVL
Active governance
Risk Analysis
Strengths
• Innovative stablecoin design
• Complete DeFi ecosystem
• Strong peg stability
• Multiple revenue streams
Risks
• Algorithmic complexity
• FXS token volatility
• Regulatory uncertainty
• Competition from other stables
Resources
Official Website
Documentation
GitHub
Twitter
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