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Fraxlend

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Category: Decentralised Borrowing & Lending
TVL: $21M

Frax Finance

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.
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Funding Rounds

Funding Round: Grants
Funding Date: 1 Oct, 2023
Raised Amount: $1.2M
Funding Round: Seed
Funding Date: 1 Jul, 2020
Funding Round: Seed
Funding Date: 1 Oct, 2019

Investors