About
Empowering your financial future with decentralized stability and innovation
Leading the charge in decentralized finance, this platform powers innovative decentralized stablecoins like DAI, FRAX, USDD, and GHO. These stablecoins offer transparent, algorithmic, and collateral-backed stability with decentralized governance. The infrastructure supports seamless integration into global finance via APIs and tools, enabling versatile use cases from cross-border payments to DeFi services, ensuring security, interoperability, and accessibility for modern finance.
Use Cases
Stable Digital Dollar for Payments
Users can transact globally with frxUSD, a stable digital dollar backed by tokenized U.S.Treasuries, ensuring security and stability.
Passive Yield Earning
Holders of frxUSD earn 4.1% APY passively by simply keeping stablecoins in theirnon-custodial wallets.
Decentralized App Development
Developers can build scalable apps with Frax's stablecoin infrastructure andaccess to DeFi protocols and cross-chain liquidity.
Real-Time High-Performance Blockchain
Enterprises can leverage Fraxtal Blockchain for fast, low-cost, securetransactions supporting 100k+ TPS and Ethereum-level security.
Key Features
Frax Core Technologies
- frxUSD is a stablecoin fully backed by tokenized U.S. Treasury assets andmanaged by industry leaders like BlackRock and Superstate.
- The Fraxtal Blockchain is an EVM Layer 1 blockchain designed for highscalability, minimal fees, and Ethereum-level security, aiming for 100k+ TPS.
- FraxNet is a non-custodial platform for minting, redeeming, and earning onfrxUSD, offering direct wallet integration and multi-asset support.
- Frax uses a hybrid model, blending algorithmic flexibility with real collateral to achieve scalability,decentralization, and economic efficiency.
- Frax employs Algorithmic Market Operations (AMOs) as autonomous contracts tomanage and rebalance capital without affecting the core peg mechanism.
frxUSD Stablecoin Ecosystem
- frxUSD can be minted 1:1 using USDC, bank wires, or tokenized treasuries.
- Holding frxUSD in a non-custodial wallet allows users to earn 4.1% APY fromTreasury yields.
- frxUSD aims to provide a secure, stable, and scalable digital dollar.
- Frax promotes transparency by fully backing frxUSD with tokenized U.S.Treasury assets.
- frxUSD is integrated into the Frax Network, allowing users to mint, redeem,and earn within a multi-asset support system.
(CEO & Founder)
Sam Kazemian
Ben Weiss (Creator
Concepts and Development)
Headquarters
🇰🇾 Grand Cayman
Website
frax.com
100k+ TPS
Frax Blockchain scalability
4.1% APY
Earnings from Treasury yields on frxUSD
