sFRAX represents a new development direction for stablecoins, providing an innovative solution for blockchain finance by combining the advantages of real-world assets and cryptocurrencies. It combines the flexibility of decentralized finance (DeFi) with the stability of traditional finance, aiming to provide users with stable investment returns and a high-quality asset allocation experience.
2023-12-14 00:22:07
This article explains how the Frax protocol builds a DeFi full-stack protocol centered around stablecoins.
2023-12-26 15:38:56
This article introduces why RWA (Real World Assets) assets exist, their current development status, and the most representative projects in this track.
2024-01-03 14:29:04

In 2020, the crypto market saw a huge influx of capital, leading to a rapid increase in market value and the launch of many new cryptocurrencies. Alongside contract-based altcoins, many application-based cryptocurrencies have also emerged. A significant development during this time was in algorithmic stablecoins, where FRAX stood out as the world’s first fractional stablecoin. Frax Finance, founded by Sam Kazemian in 2019, is a decentralized stablecoin protocol comprising two main tokens: $FXS, the governance token, and $Frax, a stablecoin pegged to the US dollar. Frax Finance uses a hybrid model combining partial collateralization and algorithms to maintain stability. Since its launch in 2020, Frax Finance has grown significantly in the DeFi space, with a total of 100 million $FXS tokens in circulation. The protocol’s evolution from FRAX v1 to v3 reflects its ongoing innovation, including the introduction of products like frxETH, highlighting its strategic vision and effective execution.
2024-08-15 09:46:13
This article explains various stablecoins based on U.S. Treasuries, including the advantages of fixed-income tokens and specific implementation methods of well-known projects such as DAI, USDM, stEUR, FRAX. It also highlights risks related to maturity mismatch, yield decline, and liquidity.
2023-12-26 14:58:07
Beefy (BIFI) is a decentralized, multi-chain yield optimizer that maximizes returns through auto-compounding strategies across various DeFi protocols.
2024-05-30 01:53:07
Using case studies from multiple projects, this article explains how yield-generating stablecoins allocate returns from underlying assets, providing passive income for holders. It also examines their potential to bridge the gap between DeFi and traditional finance.
2025-08-20 10:42:24
This article will explore stablecoins' evolution, categories, and key characteristics. Starting with their current state, we’ll briefly analyze today’s trends and guide you through a quick overview of the top ten stablecoins by market capitalization in the crypto space.
2024-09-25 07:17:37
Explore Frax Finance's new move - Fraxtal, a modular Rollup chain based on the OP stack, aiming to usher in a new era of DeFi through a unique incentive mechanism.
2024-02-21 10:26:23
As of now, Noble has issued stablecoin assets worth over $540 million, continuously injecting liquidity into the Cosmos ecosystem. Last month, Noble became the first blockchain to issue the custom stablecoin USDN using the M^0 protocol. This article delves into the Noble project, covering its team background, financing, core protocol, issued assets, ecosystem governance, and incentives to showcase its growth potential.
2025-02-10 11:58:54