Frax is a fractional-algorithmic stablecoin, partially secured by collateral, partially algorithmically stabilized. Stablecoin is fully managed by the community.

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Frax

The Frax protocol is the first stablecoin system with a fractional algorithmic system. It has an open-source code that does not require permission and is linked to a chain. Implemented on Ethereum.

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Frax Share

Frax Finance

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Hello Community,
If you are bridging FRAX between Mainnet and either Arbitrum, Optimism, and Moonbeam, please use Fraxferry only. We will no longer support canonical swaps with other bridge tokens. You can still get your FRAX back on mainnet via the ferry. If you have bridge tokens on the other chains, please bridge back directly with their respective websites.

FXS is not affected.

https://app.frax.finance/fraxferry

Hello Community,.