🤝 Frax Partners with Protocol FX for New Curve Finance Pairing
🤝 Frax Partners with Protocol FX for New Curve Finance Pairing
🤝 New DeFi Alliance
Partnership Expansion in DeFi
Frax Protocol celebrates its collaboration with Protocol FX, which recently secured approval for a new trading pair on Curve Finance.
Key Development:
- Protocol FX's fxUSD will be paired with Frax's frxUSD on Curve Finance
- Partnership represents positive-sum collaboration in DeFi ecosystem
- Initiative aims to expand onchain adoption
Strategic Focus
The collaboration highlights Frax's commitment to building partnerships that advance decentralized finance infrastructure and bring more users onchain through cooperative efforts.
This Thanksgiving, we're thankful for all our partners who work tirelessly to bring DeFi to the world. Partners like @protocol_fx, who recently passed a proposal to pair their fxUSD with frxUSD on @CurveFinance. DeFi partners working in positive-sum to bring the world onchain🤝
frxUSD is the ideal stablecoin peg keeper. Fully backed and as safe as USDC, leveraging our DeFi expertise and incentives from underlying Treasuries for growth. This proposal pairs frxUSD with fxUSD from our DeFi friends @protocol_fx to grow together 🤝 forum.aladdin.club/t/proposal-add…
🔓 Tangent Raises Caps
Tangent Finance has increased lending caps on its frxUSD/OUSD market, expanding capacity for users. **Key Details:** - Market caps raised on [Tangent Finance](https://app.tangent.finance) - Affects frxUSD/OUSD trading pair - Additional capacity now available This follows a similar cap increase on the frxUSD/scrvUSD market in June. Users can access the expanded limits through the Tangent platform.
🦙 Llamalend v2 Launches on Ethereum with Frax Integration
**Llamalend v2**, developed by Curve Finance, is now live on Ethereum, bringing enhanced lending capabilities closer to Curve's liquidity ecosystem. **Key Features:** - Isolated lending markets for improved risk management - Flexible asset pairing options - Support for Curve LP tokens as collateral **Frax Integration:** Frax's high-performance stablecoin assets will play a significant role in the new platform, leveraging their partnership with Curve Finance. **Rollout:** Initial markets will launch gradually through Curve's governance process, allowing the community to guide deployment. Read more: [Llamalend v2 announcement](https://news.curve.finance/llamalend-v2-is-live-on-ethereum/)
frxUSD Trading Volume Surpasses $2B Milestone on Curve Finance
The frxUSD PegKeeper has crossed $2 billion in total trading volume on Curve Finance, marking significant growth in adoption. **Key metrics:** - June recorded over $200M in volume - July is tracking to exceed June's numbers - More stablecoins are establishing frxUSD pairs weekly The stablecoin is establishing itself as a primary liquidity option in DeFi, with an increasing number of protocols choosing to pair their stablecoins with frxUSD on Curve Finance pools.
🏦 StakeDAO Vault Offers 10%+ APY on frxUSD Stablecoin
A new vault curated by StakeDAO is offering over 10% APY on frxUSD deposits. **Key Details:** - frxUSD positioned as DeFi's most productive stablecoin - Yield opportunity available through StakeDAO's curated vault - Previous yields on Curve Finance reached 20% APR for liquidity providers frxUSD is a fractional-algorithmic stablecoin that combines collateral backing with algorithmic stabilization. The token has consistently offered competitive yields across DeFi platforms.
frxUSD Trading Volume Hits $1B Milestone as Market Volatility Drives Record Activity
**frxUSD PegKeeper has crossed $1 billion in total trading volume**, with June 2026 positioned to become a record-breaking month driven by increased market volatility. **Key highlights:** - Top performing pools include Curve Finance's crvUSD and Metronome's msUSD - 17 protocols now use frxUSD as their default stablecoin pairing - PegKeeper pools have generated over $500M in trading volume over the past four months - Monthly volume previously reached an all-time high of nearly $200M in March 2026 The surge reflects growing institutional trust in frxUSD as a reliable stable pair for DeFi protocols, particularly during periods of heightened market activity.