Issuer Profile
Frax Finance
Frax Finance operates a decentralized stablecoin protocol; FRAX v3 is fully exogenously collateralized by T-bill AMO positions and USDC.
frax.finance ↗Aggregate trust score
29/ 100
Weighted by outstanding supplyInstruments1
OCB — 01·Coverage
1 instrument under coverage
InstrumentClassScoreBandSupplyTrace
OCB — 02·Score history
75 readingsFrax Finance — aggregate trust rating, 90 days
Frax Finance — Aggregate Trust Rating
Weighted-average composite score (0–100)
Frax Finance aggregate trust rating is 29 as of Aug 26, 2026, weighted by outstanding supply across 1 instruments.
Source: OCB Trust Ratings · Frax Finance · onchainbenchmark.comUpdated daily
OCB — 03·Issuer metadata
Regulatory standing and governance
- Legal structure
- Decentralized protocol (veFXS governance); entity: Frax Finance (no formal legal wrapper confirmed ≥90%)
- Change control
- multi-signer
- Homepage
- https://frax.finance ↗
- Regulatory status
- No regulatory registration confirmed
- Financial auditor
- Not confirmed at ≥90% confidence
Methodology
Each instrument under Frax Finance is scored independently across four dimensions — Reserve Quality, Redemption Depth, Transparency, and Holder Concentration— contributing up to 25 points each. The aggregate score shown here is weighted by each instrument's outstanding supply in USD.
Read the full methodology →