Projects

Reflexer - Logo

Reflexer(FLX)

Stablecoin issuers
Price
~$3.1902
Live
ATH
$1.41k
3.3y ago
ATL
$2.83
16d ago
Chains
Ethereum - Logo
1 chain

7d price+1.6%

30d price-26.8%

90d price-46.5%

180d price-64.3%

Learn more

What is Reflexer?

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

How does Reflexer work?

Overcollateralized borrowers deposit funds into Reflexer and receive RAI stablecoin.

Who governs Reflexer?

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.
RevenueReflexer's share of the interest$100Allows overcollateralized borrowers to mint stablecoinsFeesInterest paid by borrowers$100Borrowers
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.