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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Hey guys,
We will be migrating to the post-audit code for the Fraxswap TWAMMs soon. Please pull out / cancel your orders as we will be removing protocol-owned-liquidity over the coming week. After this, we will launch the new pools with increased liquidity.
https://app.frax.finance/fraxswap

Hey guys,. We will be migrating to the post-audit code for the Fraxswap TWAMMs soon.