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

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Frax Finance - Frax Ether

Frax Price Index Share (FPIS) news

Frax Price Index Share

Frax Price Index (FPI) news

Frax Price Index

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Frax Staked Ether

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Velodrome LP Rewards Update 🚴

• $NEXT - $USDC: ~133%
• $OP - $FRAX: ~60%
• $OP - $VELO: ~28%
• $OP - $FRXETH: ~26%
• $USDV - $USDC: ~24%
• $FRAX - $USDV: ~20%

Velodrome LP Rewards Update. • $NEXT - $USDC: ~133%. • $OP - $FRAX: ~60%. • $OP - $VELO: ~28%. • $OP - $FRXETH: ~26%.