Frax API

Frax integration.

Frax is a decentralised finance protocol that originated as the first fractional-algorithmic stablecoin. The protocol has evolved into a comprehensive DeFi ecosystem encompassing stablecoins (frxUSD), liquid staking derivatives (frxETH/sfrxETH), lending markets (Fraxlend), an automated market maker (Fraxswap), and its own Layer 2 chain (Fraxtal).

Fraxlend is the lending component of Frax Finance, providing isolated lending pairs where lenders deposit assets and earn interest from borrowers. Each Fraxlend pair is an ERC-4626 compatible vault. The protocol takes 10% of interest revenue as a fee, which is internalised in the share price.