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What is Fraxlend?

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

How does Fraxlend work?

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

Who governs Fraxlend?

FSX 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).

Related posts

RevenueFraxlend's share of the interest$0Connects Borrowers & LendersSupply-side feesLender's share of the interest$100LendersFeesInterest paid by borrowers$100Borrowers
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.