Overcollateralized borrowers deposit funds into Reflexer and receive RAI stablecoin.

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

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.

governance

github

twitter

discord

etherscan

website

Stablecoin issuers

Reflexer

# Price Methodology

## Overview

Price measures the current USD value of a project's governance or native token. It is sourced from CoinGecko and reflects the latest available market price across centralized and decentralized exchanges.

Current USD value of a project's governance or native token.

ReflexerFLX

Price

Price

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