Profile· Established@fraxfinance On Ethos

Frax Finance ¤⛓️¤

169 reviews, 84% of them positive.84% positive · 169 reviews· Influence factor 78, above 15% of accounts

The record

From 135 activities · May 2026

Frax Finance is a pioneering DeFi protocol known for creating the first fractional-algorithmic stablecoin (FRAX), which blends collateral backing with algorithmic mechanisms to maintain a tight USD peg. The ecosystem has expanded into a comprehensive suite including frxETH liquid staking, FraxLend lending markets, FraxSwap DEX, and Fraxtal Layer 2 chain, with recent focus on frxUSD backed by BlackRock's BUIDL fund. Despite surviving multiple market cycles and depegs since 2021, the protocol maintains substantial TVL and is recognized for consistent shipping, transparent governance, and building core DeFi infrastructure—though some note token underperformance relative to ecosystem innovation and complexity that can challenge newcomers.

What people say

Received · 169 Given · 0

“Frax Finance created the first fractional-algorithmic stablecoin system”Their main product FRAX stays close to $1 value by using both algorithms and real collateral (mostly USDC and their FXS token). The system automatically changes how much collateral is needed based on market conditions to keep prices stable.

Headphone (SolSal) · 1392· 1y ago19

“Great Project”Frax has been around a while now and they have proved to be good actors. The team is great (S/O Sam & Co.) and they will continue shipping.

MMatt · 2104· 1y ago23

“Future of Digital Money”Honestly speaking, Came across the Frax ecosystem when they took over the global stage of the bitcoin conference as their official sponsor. Since then I'm learning and found that Frax is building the future of stablecoin for the next generation of finance.

mono · 1310· 1y ago18

“Stable Innovation”Came across Frax Finance when I was exploring stablecoins, and it stood out because of its unique fractional-algorithmic model. Frax has been surprisingly reliable in my experience, even though I was a bit skeptical at first because algorithmic stablecoins often feel risky. The platform itself is pretty straightforward to use, and I really like how transparent the team is about updates and governance.

Daps · 1255· 1y ago18

“The Stables changer””Frax honestly changed the stables ecosystem with its collateralization method and backing

Sazid Hasan · 1277· 1y ago18

“A well-known project with a developing ecosystem, but I'm not interested in it”They created their own stablecoin, the $FXS governance token (now renamed). It has been around for a long time. I know people who have been using it for diversification for a long time. But I don't see the point in this project: I don't see the point in using it. I was particularly surprised that their stablecoin is heavily reliant on other centralized stablecoins, which is very dangerous. Although I may not have fully understood everything.

Denis Skripnik (blind) (✱,✱) · 1364· 1y ago · neutral18

“Great Defi Project”Frax is one of a few OG defi projects that has been around since 2021.. Big brain of Defi world

twinnyyy 🟦 base.eth · 1338· 1y ago18

“Frax is building a whole ecosystem around stablecoins liquid staking and lending on all onchains and pushing fast”

ZaKKaRi (❖,❖) · 1221· 1y ago18

“i am neutral about frax”i have less interaction with the account

Edric · 1084· 1y ago · neutral18

“Trust or Conviction?”With all the latest happenings in web3 as a whole, do we still need to continue with the TRUST factor on projects? In my own opinion, after the countless TRUSTWORTHY projects that later rugged their users, i think the best word to use in place of TRUST would be CONVICTION.

Dxolog¥.Tech · 1270· 1y ago · negative18

“Not familiar, not sure”

Selcouth · 1391· 1y ago · neutral18

“Nice Defi protocol”I’m really impressed with their DeFi game! Their FRAX stablecoin feels super solid with that fractional-algorithmic peg, and I love how they keep dropping updates on cool stuff like Fraxtal’s $300M TVL and the new frxUSD backed by BlackRock’s fund. The community vibes are strong, and they’re always posting about governance votes and partnerships with big names like Curve.

Reckless Bunny base.eth · 1352· 1y ago22

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