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Frax Finance

Frax Finance creates stablecoin infrastructure backed by institutional treasury assets and powered by blockchain technology.
Cayman Islands
Current stage: Seed4 current maintainers3 active leads2 lead step-downs2 early lead departures

Maintainer signals as of Aug 10, 2026


Description

Frax Finance creates institutional-grade stablecoin infrastructure for global finance through frxUSD backed by US Treasury assets, the Fraxtal L2 blockchain, and cross-chain protocols. Users can mint stablecoins, stake for yield, and access DeFi services across multiple networks.

Grant Funding

VC Funding

None
2023

$0

$1.2M

Open Roles

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