Lenders deposit funds into  Fraxlend and receive interest payments from borrowers (supply-side fees).

Fraxlend is a non-custodial lending protocol built on Ethereum. Fraxlend is part of Frax Finance and was launched in 2022.

FRAX tokenholders own and govern the FRAX Finance protocol. Fraxlend is a part of Frax Finance. They currently do not take a cut of the total interest paid by borrowers (revenue).

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Lending

Fraxlend

# Gas used Methodology

## Overview

Gas used measures the total gas consumed by an application. It reflects how much users are willing to incur transaction costs when using the application.

Fraxlend

Gas used

Gas used

Competitive landscape