Originally an algorithmic/fractional stablecoin, FRAX transitioned to a fully collateralized model. Market cap has contracted as the protocol pivoted to frxUSD and yield-bearing products.
Current APY
4.00%
Total Value Locked
$43.00M
Price
$1
Holders
18.0K
Market Cap
$43.00M
Yield History
Yield vs Peers
Rank #10 of 14 in StablecoinsYield Calculator
| Period | FRAX(4.00%) | Bank Savings(4.5%) | Advantage |
|---|---|---|---|
| 30 Days | +$32.88 | +$36.99 | -$4.11 |
| 90 Days | +$98.63 | +$110.96 | -$12.33 |
| 6 Months | +$199.45 | +$224.38 | -$24.93 |
| 1 Year | +$400 | +$450 | -$50 |
Projected returns based on current APY. Actual returns may vary. Not financial advice.
Risk Scanner
4/7 checks passedAudited by null
Moderate counterparty exposure
No KYC — may face future regulatory scrutiny
Low liquidity — higher slippage risk
Available on 6 chains — well diversified
No lock period — redeem anytime
Very stable — within 5% of 30d average
Protocol Health
Contract Status
Data Feed
Audit Status
Oracle Health
Holder Activity
Reserve Transparency
Entry & Exit Costs
Break-even Insight
On polygon, a $1,000 investment at 4.00% APY recovers gas costs (entry + exit) in 1 days.
Key Facts
- Name
- Frax
- Ticker
- FRAX
- Category
- Stablecoins
- Platform
- Frax Finance
- Inception
- Dec 1, 2020
- Management Fees
- 0%
Investment Details
- Min. Investment
- None
- Lock Period
- None
- KYC Required
- No
- Accredited Only
- No
- Eligible Investors
- All Investors
- Available Chains
- ethereum, arbitrum, optimism, polygon, avalanche, bnb-chain
Market Data
- TVL
- $43.00M
- Price
- $1
- Market Cap
- $43.00M
- Holders
- 18,000
- 7D APY
- 3.95%
- 30D APY
- 4.05%
- Risk Level
- medium risk
- Audit Status
- audited
Chain Distribution
| Network | TVL | Share | Contract |
|---|---|---|---|
ethereum | $25.80M | 60.0% | — |
arbitrum | $3.44M | 8.0% | — |
optimism | $3.44M | 8.0% | — |
polygon | $3.44M | 8.0% | — |
avalanche | $3.44M | 8.0% | — |
bnb-chain | $3.44M | 8.0% | — |
Similar Stablecoins Assets
Frequently Asked Questions
What is Frax?
Originally an algorithmic/fractional stablecoin, FRAX transitioned to a fully collateralized model. Market cap has contracted as the protocol pivoted to frxUSD and yield-bearing products.
What is the current yield on FRAX?
FRAX currently offers 4.00% APY. The 7-day average is 3.95% and 30-day average is 4.05%.
Is FRAX safe?
FRAX has a medium risk rating and a tokenomics score of C. It is audited by null. Always do your own research before investing.
How do I buy FRAX?
FRAX is available on ethereum, arbitrum, optimism, polygon, avalanche, bnb-chain. No KYC is required. No minimum investment.
What chains is FRAX available on?
FRAX is deployed on Ethereum, Arbitrum, Optimism, Polygon, Avalanche, Bnb-chain. Each chain may have different liquidity levels and gas costs.
Last updated: Mar 28, 2026, 8:25 AM