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
| Pool | Chain | 7D APY | 30D APY | Action | ||
|---|---|---|---|---|---|---|
FRXUSD (fraxlend) | $0.10M | 6.48% | — | 4.92% | ||
sfrxUSD (Frax) | $42.12M | 4.29% | — | — | ||
SFRXUSD (frax) | $36.11M | 4.10% | — | 4.10% | ||
SFRXUSD | $36.11M | 4.10% | 4.10% | 4.10% | ||
FRXUSD (fraxlend) | $4.97M | 3.32% | — | 3.01% | ||
FRXUSD (fraxlend) | $0.30M | 2.07% | — | 1.36% | ||
FRXUSD (fraxlend) | $0.28M | 1.62% | — | 1.45% | ||
FRXUSD (fraxlend) | $0.45M | 1.51% | — | 1.27% | ||
FRXUSD (fraxlend) | $0.08M | 0.52% | — | 0.48% | ||
USDC (fraxlend) | $0.03M | 0.49% | — | 0.09% | ||
FRXUSD (fraxlend) | $0.02M | 0.43% | — | 0.43% | ||
FRXUSD (fraxlend) | $0.62M | 0.31% | — | 0.31% | ||
FRXUSD (fraxlend) | $0.09M | 0.16% | — | 3.36% | ||
FRXUSD (fraxlend) | $0.15M | 0.10% | — | 0.08% | ||
FRXUSD (fraxlend) | $0.04M | 0.06% | — | 0.06% | ||
FRXUSD (fraxlend) | $0.14M | 0.00% | — | 0.00% | ||
FRXUSD (fraxlend) | $0.05M | 0.00% | — | 0.00% | ||
SCRVUSD (fraxlend) | $0.14M | 0.00% | — | 0.00% | ||
SUSDE (fraxlend) | $0.17M | 0.00% | — | 0.00% | ||
FRAX-FPI (frax) | $0.08M | 0.00% | — | 0.00% |