Company Performance Metrics
Frax is a decentralized finance protocol and financial technology company that develops scalable infrastructure for digital dollars and related assets. The company focuses on building open, stable, and borderless digital currencies that run on public blockchains. Its ecosystem is structured around the frxUSD stablecoin, the Fraxtal blockchain, and
the FraxNet non-custodial platform. frxUSD functions as a tokenized dollar fully backed by institutional-grade assets such as tokenized U.S. Treasury funds. Fraxtal is an EVM-compatible Layer 2 rollup that provides high-throughput and low-fee transaction processing for Frax applications and assets. FraxNet offers a unified interface for minting, redeeming, and generating yield on Frax stablecoins and related tokens. The broader product suite also includes Fraxlend for decentralized lending and frxETH and sfrxETH as liquid staked Ethereum assets.
