Frax.com Review: Is It Safe? Fees, App & Ranking

Frax.com

5-10 years

Not Regulated

Exchange

Questionable Regulatory License

Crypto Lending Support

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Basic Information

Country/Region

Cayman Islands

Exchange AbbreviationFrax.com

Exchange TypeDecentralized Exchange

Operating Period5-10 years

Websitehttps://frax.com/

Twitterhttps://twitter.com/fraxfinance

Score

0.00/10

2026-08-27 Rating

RiskNotice

2 risk alerts

High Risk 1

Medium Risk 1

No Regulatory License

Be aware of the risks!

Exchange Overview

Fraxswap is a fully decentralized onchain AMM like Uniswap. It has the ability to trade and create any token pair and has TWAMM functionality. It is the first xy=k AMM with innovative TWAMM features and proprietary functionality not seen in Uniswap or other AMMs.

Business Region

InfluenceC

News

Frax Finance Targets ‘Made in USA’ DeFi Ecosystem with Investment in Trump-Affiliated WLFI

Frax Finance has proposed a $5 million investment in WLFI – the native token of World Liberty Financial (WLFI), a decentralized finance (DeFi) platform tied to US President Donald Trump. The main objective behind this move is to position itself as a leading player in the “Made in USA” DeFi ecosystem.　　The proposal, which was presented for community feedback, also includes an additional $5 million follow-on investment subject to the partnerships success. This makes a potential total commitment of $10 million.　　Fuels Frax Finances Bet on WLFI　　Frax Finance claims that World Liberty Financial (WLFI), which is built on Aave, is well-positioned to benefit from the Trump administrations pro-crypto stance. WLFI is described as a key project aimed at introducing millions of Americans to DeFi, focusing on US-based initiatives and partnerships with companies like Chainlink and Ethena Labs. With $70 million invested in prominent DeFi assets such as Ethereum (ETH), Wrapped Bitcoin (WBTC), and Chainlink (LINK), WLFI has established a notable presence in the sector in a very short duration.　　In addition to Frax Finances strategic alignment with WLFI to strengthen its status as a premier US-origin stablecoin, the decentralized stablecoin protocol is also co-founded by Stephen Moore, who happens to be a former

2025-01-24Token

Frax Finance Partners With NEAR To Drive Decentralized AI Revolution

In the cryptocurrency space, artificial intelligence (AI) is poised to completely change our relationship with money. Frax Finance has made significant progress in this direction through its partnership with the NEAR protocol, reflecting their idea of a multi-chain positive-sum ecosystem. With user-owned AI and programmable money at the heart of this alliance, decentralized finance (DeFi) is entering a new phase.　　The NEAR protocol‘s chain abstraction stack distinguishes it and allows developers to build applications that can scale to billions of users across all blockchains. This chain abstraction provides unparalleled flexibility and interoperability, allowing NEAR to sign transactions on any blockchain. In addition, the huge scaling through parallel partitions made possible by NEAR’s sharding technology guarantees the networks robustness and efficiency even in the face of high loads.　　The basis of decentralized AI is decentralized financial systems. Frax Finance bridged and provided over $5.5 million in FRAX to renowned NEAR DeFi initiatives such as Ref Finance and Burrow Finance. The highest yielding assets Frax, sFRAX and sfrxETH are expected to be used on the NEAR DeFi network. This synergy between decentralized AI and money is an important step for more creative blockchain solutions.

2024-06-27Token

Frax Finance Teams Up with NEAR for Decentralized AI Revolution

Frax Finance partners with NEAR Protocol to enhance decentralized AI and programmable money.Launching frxNEAR stablecoin and liquid staking derivative in collaboration with NEAR Protocol.　　Within the cryptocurrency space, artificial intelligence (AI) is poised to completely transform our relationship with money. Frax Finance has advanced this cause significantly by forming a partnership with NEAR Protocol, which reflects their idea of a multi-chain, positive-sum ecosystem.　　With user-owned AI and programmable money driving this alliance, decentralized finance (DeFi) is entering a new phase.　　NEAR Protocol: A Chain Abstraction Powerhouse 　　The chain abstraction stack of NEAR Protocol distinguishes it and enables developers to build apps that can scale to billions of users on all blockchains. Offering unmatched flexibility and interoperability, this chain abstraction allows NEAR to sign transactions for any blockchain.　　Furthermore, the huge scaling through parallel partitions made possible by NEAR‘s sharding technology guarantees the network’s robustness and efficiency even in the face of high loads.　　The foundation of decentralized AI is decentralized financial systems. With success, Frax Finance has bridged and provided over $5.5 million in FRAX to well-known NEAR DeFi initiatives such as Ref Finance and Burrow Finance.　　Moreover, the highest-yielding assets, Frax, sFRAX, and sfrxETH, are expected to drive NEARs DeFi network. A big step forward

2024-06-27Token