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 | 6.09% | — | 5.99% | ||
SFRXUSD (frax) | $36.11M | 5.10% | — | 4.85% | ||
SFRXUSD | — | 5.01% | 5.01% | 4.85% | ||
sfrxUSD (Frax) | $42.12M | 4.29% | — | — | ||
FRXUSD (fraxlend) | $4.60M | 3.44% | — | 3.34% | ||
FRXUSD (fraxlend) | $0.22M | 2.97% | — | 2.61% | ||
FRXUSD (fraxlend) | $0.24M | 2.02% | — | 1.98% | ||
USDC (fraxlend) | $0.03M | 1.64% | — | 1.71% | ||
FRXUSD (fraxlend) | $0.45M | 1.55% | — | 1.45% | ||
FRXUSD (fraxlend) | $0.02M | 0.68% | — | 0.61% | ||
FRXUSD (fraxlend) | $0.08M | 0.59% | — | 0.52% | ||
FRXUSD (fraxlend) | $0.62M | 0.56% | — | 0.40% | ||
FRXUSD (fraxlend) | $0.09M | 0.20% | — | 0.19% | ||
FRXUSD (fraxlend) | $0.15M | 0.10% | — | 0.09% | ||
FRXUSD (fraxlend) | $0.04M | 0.06% | — | 0.06% | ||
FRXUSD (fraxlend) | $0.05M | 0.01% | — | 0.00% | ||
FRXUSD (fraxlend) | $0.09M | 0.00% | — | 0.00% | ||
SCRVUSD (fraxlend) | $0.09M | 0.00% | — | 0.00% | ||
FRAX-FPI (frax) | $0.08M | 0.00% | — | 0.05% | ||
SUSDE (fraxlend) | $0.12M | 0.00% | — | 0.00% |