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OCB — Trust Rating

FRAX Trust Rating

Frax Finance · Fully exogenously-collateralized stablecoin (v3) backed by USDC, sFRAX, and T-bill AMO positions.

FRAX (Frax Finance) is registered with OnChain Benchmark; its trust rating has not yet been published.

FRAXStablecoin

Stablecoin Health Rating

Scoring pending

OCB — 01

FRAX across four dimensions

Each dimension contributes up to 25 points to the composite trust rating. This instrument is registered; scoring has not yet been published.

DimensionScore
Disclosure Quality—
Redemption Liquidity—
Structural Trust—
Holder Concentration—
Composite—

OCB — 02

Evidence behind the rating

A sample of the verified facts behind FRAX's score. Each finding carries a confidence level; the full diligence trail is in the terminal.

  • Disclosure Qualitycontract address95% confidence

    Contract address verified on Ethereum: 0x853d955aCEf822Db058eb8505911ED77F175b99e (primary deployment)

    Verified Jun 13, 2026· instrument_deployments registry — chain_id 1
  • Holder Concentrationholder concentration snapshot90% confidence

    Top-10 holders control 93.31% of supply (after excluding protocol-controlled addresses). 1 protocol-controlled address excluded from concentration calculation. Concentration track: retail_facing.

    Verified Jun 13, 2026· norm_concentration row observed 1d ago
  • Redemption Liquiditydata gap90% confidence

    No redemption liquidity data available at time of scoring run.

    Verified Jun 13, 2026

OCB — 03

Key facts

Issuer
Frax Finance
Asset class
Stablecoin
Chains
Ethereum
Methodology
v1.0
Last scored
Pending
Rubric
Stablecoin Health Rating
Full diligence trail

The interactive terminal shows every verified fact behind FRAX's rating — the dimension-by-dimension breakdown, scoring history, outstanding supply, anomalies, and the complete evidence trail with sources.

View full diligence trail in the terminal →Read the methodology →
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