# Reflexer

> Track Reflexer's fees, revenue, TVL and earnings with daily on-chain data across 4 chains. Compare Reflexer with other stablecoin issuers. Updated daily.

Source: [Reflexer on Token Terminal](https://tokenterminal.com/explorer/projects/reflexer). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: FLX
- Sectors: Stablecoin issuers
- Chains: avalanche, ethereum, optimism, polygon

## About

### What it is

Reflexer is a non-custodial stablecoin protocol built on Ethereum. Reflexer was founded by Ameen Soleimani & Stefan Ionescu and launched in 2020.

### Who uses it

FLX tokenholders own and govern the protocol. They currently collect the total interest paid by borrowers (revenue). Reflexer’s investors include Paradigm, Variant Fund, Pantera Capital, etc.

### How it works

Overcollateralized borrowers deposit funds into Reflexer and receive RAI stablecoin.

## Metrics

Token Terminal tracks these metrics for Reflexer daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/reflexer/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/reflexer/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/reflexer/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/reflexer/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/reflexer/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/reflexer/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/reflexer/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/reflexer/metrics/token-supply-circulating)
- [Total value locked](https://tokenterminal.com/explorer/projects/reflexer/metrics/tvl)
- [Outstanding supply](https://tokenterminal.com/explorer/projects/reflexer/metrics/outstanding-supply)
- [Fees](https://tokenterminal.com/explorer/projects/reflexer/metrics/fees)
- [Revenue](https://tokenterminal.com/explorer/projects/reflexer/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/reflexer/metrics/expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/reflexer/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/reflexer/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/reflexer/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/reflexer/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/reflexer/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/reflexer/metrics/ps-circulating)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/reflexer/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/reflexer/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/reflexer/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/reflexer/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/reflexer/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/reflexer/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/reflexer/metrics/gas-used)
- [Take rate](https://tokenterminal.com/explorer/projects/reflexer/metrics/take-rate)

## Links

- [governance](https://community.reflexer.finance/)
- [github](https://github.com/reflexer-labs)
- [twitter](https://twitter.com/reflexerfinance)
- [discord](https://t.co/8Zi3EaJpVX)
- [etherscan](https://etherscan.io/token/0x6243d8cea23066d098a15582d81a598b4e8391f4)
- [website](https://reflexer.finance/)