Ethena Labs Launches on Fraxtal L2 with New Curve Pools
Ethena Labs Launches on Fraxtal L2 with New Curve Pools
🌾 Farmers Get 30X Points
Ethena Labs has launched on Fraxtal L2, introducing new Curve Finance pools for USDe/FRAX and sUSDe/FRAX trading pairs.
Key features:
- LPs earn trading yield plus 30X Ethena Ethereal points
- All activities on Fraxtal earn $FXTL points
- Assets can be bridged via Stargate Finance
Fraxtal recently achieved $200M TVL and aims to become a central DeFi liquidity hub. The platform emphasizes security, warning users to access only through official channels.
Bridge your assets now to participate in the new liquidity pools.
1/ As part of our positive-sum approach to working with the top teams in DeFi, @ethena is landing on our L2 Fraxtal. Deposit USDe/sUSDe today on @CurveFinance: curve.fi/#/fraxtal Learn more about this rewarding opportunity 👇
Frax CEO to Speak at ETHConf 2026 on Bridging DeFi and Traditional Finance
**Frax founder Sam Kazemian will present at ETHConf 2026 in New York City**, discussing the role of frxUSD stablecoin as Ethereum moves toward institutional adoption. **Key Points:** - frxUSD positioned as a bridge between decentralized finance (DeFi) and traditional finance (TradFi) - Presentation aligns with Ethereum's growing institutional presence - Event scheduled for March 2026 in NYC The appearance follows Kazemian's recent speaking engagement at the Stablecoin Summit in Singapore, where he participated in a fireside chat on stablecoins in DeFi alongside M0's CEO.
Alchemix Migrates alUSD Pools to frxUSD for Enhanced Liquidity
**Alchemix Partners with Frax for Pool Migration** Alchemix, a pioneer in self-repaying loans, is migrating their alUSD pools from legacy FRAX to frxUSD. This strategic move aims to unlock more sustainable liquidity for the DeFi protocol. **Key Details:** - Migration involves transitioning alUSD pools to the newer frxUSD infrastructure - Partnership builds on long-term collaboration between Frax and Alchemix - Move positions both protocols for Alchemix v3 launch The migration represents another protocol choosing frxUSD as a default stablecoin pairing, continuing a trend of DeFi protocols leveraging frxUSD's PegKeeper pools for productive liquidity.
crvUSD Bridging on Fraxtal Gets LayerZero Upgrade
Fraxtal is enhancing its crvUSD bridging capabilities through an integration with LayerZero. **Key Details:** - The upgrade will improve cross-chain functionality for crvUSD on Fraxtal - LayerZero provides the underlying infrastructure for the enhanced bridging - This builds on LayerZero's existing presence on the Fraxtal L2 The integration aims to streamline the process of moving crvUSD assets across different blockchain networks through Fraxtal's Layer 2 solution.
🔄 FXS Token Upgrades to FRAX on HTX Exchange
**HTX Exchange Integration** Frax Finance's FXS token is upgrading to FRAX on HTX Global exchange. This follows a similar upgrade on Crypto.com in January 2026. **What is FRAX?** - Serves as the ecosystem token for Frax Finance - Functions as gas token on Fraxtal L1 blockchain - Provides exposure to frxUSD, a GENIUS-compatible stablecoin **Background Context** The rebrand addresses confusion from Frax's evolution from fractionally-backed to fully-collateralized stablecoin: - Original $FRAX stablecoin → $frxUSD - Governance token $FXS → $FRAX Fraxtal, built on Optimism, has grown to over $250M in TVL and focuses on AI integration with near-zero gas fees. [Learn more from HTX](https://www.htx.com/support/25026226006106)
Scale Protocol Integrates frxUSD for Buybacks and Treasury Growth
**frxUSD Gains Protocol Adoption** frxUSD is expanding beyond liquidity pool pairings to become a default stablecoin for DeFi protocols. Scale is now channeling frxUSD yield into three key areas: - Token buybacks - Liquidity pool boosts - Treasury growth This integration demonstrates how protocols can leverage stablecoin yield to improve their economic sustainability. The move follows frxUSD's establishment as a standard pairing in liquidity pools across DeFi.