Frax Finance
FreeDecentralized Synthetics
Frax Finance is a leading DeFi ecosystem featuring the world's first fractional-algorithmic stablecoin protocol.
Multichain
Stable Multichain StableDecentralized Synthetics
Frax Finance is a leading DeFi ecosystem featuring the world's first fractional-algorithmic stablecoin protocol.
Multichain StableFrax Finance is a comprehensive decentralized finance ecosystem built around FRAX, the first fractional-algorithmic stablecoin that combines collateralization with algorithmic stability.
The platform encompasses a wide range of financial products, including decentralized lending (Fraxlend), automated market making (Fraxswap), and liquid staking (Frax Ether).
By utilizing 'Sovereign Algorithmic Market Operations' (AMOs), Frax ensures the robust peg and high capital efficiency of its stablecoin assets.
The protocol focuses on creating a highly scalable and censorship-resistant financial infrastructure, making it a cornerstone of the decentralized economy and a vital hub for liquidity and stable yield-generating strategies.
Contracts allowed to mint, burn and deploy protocol assets — but only in ways that leave the peg where it was. The constraint is the design.
Three tokens doing three jobs, plus the story of moving from a fractional-algorithmic model to full collateralisation.
Each primitive introduced in turn — the stablecoin, the lending market, the liquid staking token — and how they feed each other.
Decentralized Exchanges • Base
Decentralized Synthetics • Polygon
Decentralized Exchanges • Base
