Frax Top Frax vaults Beta

About Frax

Frax is a fractional-algorithmic stablecoin protocol on Ethereum. It was originally partially collateralised by USDC and partially stabilised algorithmically, but has since moved to full collateralisation. Frax Finance also offers frxETH liquid staking and the frxUSD stablecoin.

Current TVL and profit in FRAX vaults

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