Frax Finance
Frax is a decentralized stablecoin protocol offering FRAX, a hybrid algorithmic and collateralized stablecoin, aimed at efficient transactions in DeFi.
Industry
Finance & Insurance
Market Categories
Stablecoin Issuers
Business function (Horizontal)
Headquarters Location
NA
Product Name
Frax Stablecoin (FRAX)
Parent Company
Frax
Founder
Sam Kazemian
Web2vsWeb3
Web3
Access Model
Target Users
Corporates
Competitors
MakerDAO (DAI), Tether (USDT), USD Coin (USDC)
Business Function (stablecoins)
Feature completness
Product differentiation
Hybrid model combining algorithmic stability with partial collateralization; governance token (FXS) for community control.
Privacy & Data protection certificate
Years in business
5.49
Employees
10-100
Horizontal Applications
Decentralized Finance (DeFi) Applications, Lending & Borrowing, Liquidity, Payment Rail, Settlements
Tech stack modernity
Modern blockchain stack; built on Ethereum with cross-chain support; uses smart contracts for automation (specific cloud provider not applicable).
Product Roadmap
Focus on expanding cross-chain compatibility and integrating with more DeFi protocols (Source: Frax Blog and Announcements)
Product Roadmap
Focus on expanding cross-chain compatibility and integrating with more DeFi protocols (Source: Frax Blog and Announcements)
API Quality
Production-Ready
Documentation Link
Enterprise readiness
Moderate readiness; strong for DeFi integrations but lacks formal SLAs and enterprise-grade support structures.
Security & Compliance Readiness
Audited by firms like CertiK; partial compliance with regulatory frameworks but varies by region (Source: Frax Website)
Documentation quality assessment
Well-structured for developers; covers technical integration but limited for non-technical users)
Support Methods
Community-driven support via Discord and forums; no formal account management or guaranteed response times (Source: Frax Community Channels)
Critical capabilities
Utilizes a hybrid algorithmic and collateralized model for stability; supports Ethereum and other chains.
Support & Account Management
Community-driven support via Discord and forums; no formal account management or guaranteed response times (Source: Frax Community Channels)
51 Score™
402.92
Product & Service
72.0
Stability & Maturity
16.7
Technology & Innovation
40.0
Enterprise Readiness
32.5
Categorization
Founder
Sam Kazemian
Parent Company
Frax
Market category
Stablecoin Issuers
Target Users
Corporates
Top competitors
MakerDAO (DAI), Tether (USDT), USD Coin (USDC)
