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 | $131.64M | 84.46% | −$29.15M | 0.32% | x | |
| 2 | Fraxtal | $9.11M | 5.84% | +$1.76M | 48.3% | x | |
| 3 | Harmony | $8.14M | 5.22% | flat | 100.0% | x | |
| 4 | Moonriver | $2.39M | 1.53% | flat | 100.0% | x | |
| 5 | Arbitrum | $1.89M | 1.21% | flat | 0.16% | x | |
| 6 | BSC | $724.23K | 0.46% | flat | 0.01% | x | |
| 7 | Avalanche | $621.14K | 0.40% | flat | 0.14% | x | |
| 8 | OP Mainnet | $580.08K | 0.37% | flat | 0.19% | x | |
| 9 | Moonbeam | $562.14K | 0.36% | flat | 81.2% | x | |
| 10 | Fantom | $533.98K | 0.34% | flat | 11.5% | x | |
| 11 | Polygon | $488.48K | 0.31% | flat | 0.06% | x | |
| 12 | Near | $157.16K | 0.10% | +$6.59K | 0.15% | x | |
| 13 | Boba | $71.00K | 0.05% | flat | 3.49% | x | |
| 14 | Aurora | $48.63K | 0.03% | flat | 1.58% | 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.