A stablecoin protocol that originally used a fractional reserve model, partially backed by collateral and partially by its algorithm.
A stablecoin protocol that originally used a fractional reserve model, partially backed by collateral and partially by its algorithm. Frax later moved to full collateralization. The ecosystem includes frxETH for liquid staking and Fraxlend for lending.
A cryptocurrency designed to maintain a stable value, usually pegged to the US dollar.
A stablecoin that maintains its peg through algorithms and smart contracts rather than holding actual reserves.
Staking your crypto while still being able to use it in DeFi through a receipt token.
A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.
One of the biggest lending and borrowing protocols in DeFi.
A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.
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