FRAX v3's FXB Module Goes Live
FRAX v3's FXB Module Goes Live
FRAX v3's FXB module has gone live, completing the FRAX v3 design and all new feature deployment. FXBs are decentralized utility tokens that convert into 1 FRAX stablecoin when they mature. The initial launch includes 3 FXBs with different maturity dates. FXBs can be bought onchain using a gradual Dutch auction mechanism. They are a way to buy future FRAX stablecoins at a discount today. FXBs have various use cases in the Frax ecosystem, including pools and leverage pairs.
Today FRAX v3's $FXB module goes live! This completes the FRAX v3 design and all new feature deployment. This is a watershed moment because of the unique design and utility of FXBs within DeFi. 🧵
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.