Fractional-algorithmic stablecoin protocol with yield-bearing products and Frax Bonds.
## Overview
Frax Finance operates the FRAX stablecoin ecosystem, including sFRAX (staked FRAX with yield) and FXS governance token. Their innovative approach combines algorithmic and collateral-backed mechanisms.
Hybrid algorithmic-collateral stablecoin.
Yield-bearing staked FRAX token.
Fixed-term yield products.
Access FRAX ecosystem products through Fensory Connect for diversified stablecoin exposure.
Yield data from DefiLlama. Rates are indicative and subject to change. Verify current rates directly with Frax Finance.
Access Frax Finance and 50+ other issuers through a single API.
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