Frax
Arbitrage
Sentiment
Projects
Live Frax market cap, peg deviation, mechanism, and per-chain supply distribution on Sharpe Terminal.
| # | Chain | Supply | Share | Trend | Distribution | ||
|---|---|---|---|---|---|---|---|
| 1 | Ethereum | $141.71M | 85.56% | −$23.39M | 0.34% | x | |
| 2 | Fraxtal | $9.28M | 5.60% | +$2.36M | 49.3% | x | |
| 3 | Harmony | $8.14M | 4.91% | flat | 100.0% | x | |
| 4 | Moonriver | $2.39M | 1.44% | flat | 100.0% | x | |
| 5 | Arbitrum | $1.89M | 1.14% | flat | 0.15% | x | |
| 6 | BSC | $724.23K | 0.44% | flat | 0.01% | x | |
| 7 | Avalanche | $621.14K | 0.38% | flat | 0.14% | x | |
| 8 | OP Mainnet | $580.08K | 0.35% | flat | 0.19% | x | |
| 9 | Moonbeam | $562.14K | 0.34% | flat | 78.4% | x | |
| 10 | Fantom | $533.98K | 0.32% | flat | 12.3% | x | |
| 11 | Polygon | $488.48K | 0.29% | flat | 0.06% | x | |
| 12 | Near | $158.18K | 0.10% | +$11.11K | 0.14% | x | |
| 13 | Boba | $71.00K | 0.04% | flat | 3.48% | x | |
| 14 | Aurora | $48.63K | 0.03% | flat | 1.53% | x | |
| 15 | ZKsync Era | $19.30K | 0.01% | flat | 0.13% | x |
Using the Frax Finance app, FRAX can be minted by locking USDC and burning FXS in a proportion determined by the protocol's collateral ratio.