The Financial Engine
of the Internet.

Frax Finance is a full-stack protocol that combines token swapping, cross-chain bridging, concentrated liquidity pools, staking, and yield rewards in a single non-custodial platform. It features sub-second execution, ultra-low fees, and maximum composability. Available at frax-finance.org.

Connect your wallet (MetaMask, Rabby, WalletConnect, Coinbase Wallet, or Ledger), select your input and output tokens, enter the amount, review the route and price impact, and click Swap. Frax Finance's smart router automatically finds the best price across all integrated liquidity sources. Transactions confirm in under 400 milliseconds.

Frax Finance charges a base swap fee of just 0.04% on all token swaps — among the lowest available. Fee tiers for liquidity pools range from 0.01% for stable pairs to 0.25% for volatile pairs. All fees are distributed to liquidity providers and FXS stakers — zero protocol treasury cut.

Yes. Frax Finance has been audited by multiple independent security firms including Trail of Bits, OpenZeppelin, Halborn, and Certora. All smart contracts are open-source and formally verified. The protocol has secured over $820M TVL without any security incidents. An active bug bounty program is in place.

Frax Finance supports all major wallets: MetaMask, Rabby, Coinbase Wallet, Trust Wallet, Rainbow, Ledger hardware wallet, and any wallet compatible with WalletConnect. Mobile users can connect via WalletConnect QR scan or their wallet's built-in browser.

frxETH is Frax Finance's ETH derivative token. When you stake ETH through Frax Finance, you receive frxETH. sfrxETH is the staked version that earns yield automatically — it appreciates in value relative to frxETH as staking rewards accrue. Unlike locked staking, frxETH and sfrxETH are fully liquid and can be used across other protocols.

FXS is the native governance and utility token of Frax Finance. You earn FXS by providing liquidity (LP rewards), participating in governance, and through platform rewards. FXS can be staked for additional yield and locked as veFXS for boosted APY and voting power over protocol parameters.

Frax Finance offers three staking products: (1) frxETH Liquid Staking — stake ETH and receive frxETH/sfrxETH at 7.8% APY with instant unstaking. (2) FXS Vault — stake FXS tokens for 21.2% APY with a 14-day lock. (3) veFXS Governance — lock FXS for up to 4 years for 13.5% APY plus voting power and fee revenue share.

Frax Finance's bridge uses multiple security layers combined with optimized routing for best rates. You can bridge FRAX, FXS, frxETH, USDC, USDT, ETH, wBTC and more between Ethereum, Arbitrum, Optimism, Polygon, BNB Chain, Base, Avalanche, and additional networks. Bridge transfers typically complete in 5–20 minutes depending on the networks.

Frax Finance supports 12+ networks including Ethereum, Arbitrum, Optimism, Polygon, BNB Chain, Base, Avalanche, Fantom, Fraxtal, and more. New chains are added regularly through governance proposals. All supported routes can be checked in the Bridge tab of the app at frax-finance.org.

Frax Finance uses a Concentrated Liquidity Market Maker (CLMM) model. Instead of spreading liquidity across all prices, LPs choose a specific price range to concentrate their capital. This means higher fee earnings per dollar of liquidity provided — typically 5–10× more efficient than traditional AMMs. You can earn up to 32% APR in the top pools.

veFXS (vote-escrowed FXS) is received when you lock FXS tokens for a chosen period (1 week to 4 years). The longer you lock, the more veFXS you receive. veFXS earns boosted APY (up to 2.5× base rates), protocol fee revenue share, and voting power over pool emission allocations and governance proposals.

Frax Finance supports 500+ tokens including FRAX, FXS, frxETH, sfrxETH, sFRAX, USDC, USDT, DAI, wBTC, wETH, WMATIC, ARB, OP, and many more. New tokens become available as soon as their pool is created — no permission required.

Frax Finance's Smart Order Routing (SOR) engine queries liquidity across multiple integrated sources, then splits and routes orders for optimal price execution. This aggregation means you always get better prices through Frax Finance than on any single source alone.

Yes. Frax Finance supports on-chain limit orders for all token pairs. Set your desired price and the order executes automatically when the market reaches your target. Limit orders are non-custodial and can be cancelled at any time.

Yes. Frax Finance at frax-finance.org is fully responsive and works in any mobile browser. For the best experience, use MetaMask Mobile or Trust Wallet's built-in browser on iOS or Android. Frax Finance also works seamlessly via WalletConnect from any supported mobile wallet.

Yes. Frax Finance is a fully on-chain, non-custodial protocol with no central intermediary. Smart contracts are open-source on GitHub and have no admin upgrade keys. Protocol governance is entirely controlled by veFXS holders. The team cannot access user funds or modify contracts without a governance vote and timelock.

sFRAX is the staked version of the FRAX token. When you stake FRAX, you receive sFRAX which automatically earns yield. sFRAX appreciates in value over time as yield accrues. It's fully liquid and can be used across other protocols or swapped back to FRAX at any time on frax-finance.org.

Fraxtal is Frax Finance's own Layer 2 network built for high-performance execution. It offers faster transactions, lower fees, and tight integration with the Frax Finance protocol. Users can bridge assets to Fraxtal and enjoy the full Frax Finance experience with enhanced speed and efficiency.

Full documentation is available through the Docs section. For community support, join the Frax Finance Discord or Telegram. Follow @fraboratory on Twitter for announcements and updates. The only official website is frax-finance.org — be careful of phishing attempts.