Frax Assets Expanding to New Layer 2 Networks
Frax Assets Expanding to New Layer 2 Networks
🔥 Frax Conquers New Frontiers
Frax, the world's first fractional-algorithmic stablecoin, is set to launch on OKX's new zk-rollup Layer 2 network, XLayer. Frax assets will be available from day one, powering decentralized finance (DeFi) and yield opportunities on the network. This follows recent integrations of Frax on the Metis and Base Layer 2 networks, as the protocol continues its expansion across various Layer 2 ecosystems.
Frax Assets are now on @MetisL2 & being integrated into their DeFi ecosystem 👀 Frax will be everywhere sooooon.
Let's give a warm @MetisL2 welcome to our new friends @fraxfinance !!! ¤⛓️¤ #sfrxETH - $WETH 50/50 pool built on @Balancer tech is now open with nearly $4 million TVL 👀🔥 Rewards start soon 👉 hummus.exchange 🥙🌿 $FRAX $HUM $veHUM
Frax Assets coming soon to @okx's new zk L2 @XLayerOfficial with partner integrations on deck 🤝 $FRAX will be on the ground floor powering DeFi & yields on day 1. #FraxEverywhere
Excited to announce our partnership with @fraxfinance! Frax Finance is a versatile DeFi protocol that encompasses a suite of financial products, including its native stablecoin FRAX, a liquid staking solution with frxETH, and an array of other financial instruments. The journey
Frax Assets are coming to @base next! @BaseSwapDex is one of the first liquidity and yield sources on the chain for early Frax LPers 👀 Based 🔵
@BaseSwapDEX X @fraxfinance We are delighted to announce our partnership with Frax Finance. A long standing Powerhouse in #DEFI This partnership will open the doors to a variety of Frax assets to the @base Ecosystem. baseswap.fi BaseSwap is not officially
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.