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Frax Finance
DeFi protocol issuing the frxUSD/FRAX dollar and the FPI inflation-pegged unit.
Market cap
Onchain supply
Coins issued
Reserve disclosure
Coins issued
Peg currencies
Domicile
Founded
Licences
Regulatory status
Issuing platform
Transparency
| Coin | Peg | Type | Onchain supply | Chains | Share |
|---|---|---|---|---|---|
| USD | Protocol-native | 219.3M FRAX | 66% | ||
| USD | Fiat-backed (USD) | 103.7M frxUSD | 32% | ||
| USD | Protocol-native | 5.9M FPI | 2% |
| Network | Supply | Share |
|---|---|---|
| $324.9M | 99% | |
| $2.0M | 1% | |
| $490.2K | 0% | |
| $314.5K | 0% | |
| $303.8K | 0% |
$38.5M
deployed across 55 markets on 5 protocols, from 2 of Frax's 3 coins
Lower bound: Frax's coins' combined balance inside lending markets DIA reads on-chain directly. Excludes DEX liquidity, CDP collateral, any coin without a matched market, and any market on a chain or protocol DIA does not yet track.