Fraxtal Projects Eligible for Optimism Retro Funding
Fraxtal Projects Eligible for Optimism Retro Funding
馃殌 Superchain Rewards Unlocked
Fraxtal, a layer built on top of Optimism, has announced that all projects deployed on its platform are eligible for Retro Funding from Optimism. Developers building and deploying on Fraxtal can earn FXTL points, FXS liquidity incentives, Frax Finance grants and support, as well as Optimism's Retro Funding. This multi-layered incentive structure aims to attract builders to the Fraxtal ecosystem, which is part of the Superchain initiative alongside projects like Base, Lisk, Redstone, ZORA, and Mode. The Superchain allows deploying to one platform to effectively deploy across all participating networks, offering a range of perks and features for developers.
As a Superchain, every project built on Fraxtal is eligible for Retro Funding from @Optimism. Build & deploy to Fraxtal to earn $FXTL points, $FXS liquidity incentives, Frax Finance grants+support, and $OP Retro Funding eligibility - layers on top of layers of rewards! 馃殌
Today we're introducing a new era of clarity for Retro Funding! The Collective has allocated a total of 850M OP to incentivize impactful work across the @Optimism Collective and the Superchain.
Fraxtal along with @base, @Optimism, @LiskHQ, @redstonexyz, @ourZORA, @modenetwork, & soon others are all part of the Superchain! Deploying to one is like deploying to all. New perks, features, incentives, & programs are going live for Superchain builders every day. Join us! 馃憞
馃敶 BREAKING NEWS 馃敶 The @Optimism Collective introduces the Superchain Developer Console. The Superchain is the best place for app developers to build and scale their businesses, and we make it super-mega easy to accelerate development and lower overhead costs. Get access 馃憞
馃實 Non-USD Stablecoins Gain Traction
CoinGecko published an analysis by IQ Protocol examining the growth of non-USD stablecoins and their role in onchain foreign exchange markets. **Key developments:** - Local currency stablecoins like KrwqCash are emerging as alternatives to dollar-denominated assets - These regional stablecoins are integrating with established DeFi liquidity infrastructure - The trend suggests foreign exchange activity is moving onchain The piece highlights how blockchain-based currency pairs could reshape international money transfers and trading, moving beyond the traditional USD dominance in crypto markets.
Frax Assets Join Resupply Summer Campaign
Frax assets are participating in the upcoming Resupply Summer campaign, with organizers describing the outlook as productive. The initiative appears to be a seasonal program, though specific details about rewards, participation requirements, or timeline have not been disclosed. Frax operates a fractional-algorithmic stablecoin system that combines collateral backing with algorithmic stabilization mechanisms.
Curve Finance Launches Llamalend V2 on Ethereum with sfrxUSD Collateral
Curve Finance has launched **Llamalend V2** on Ethereum, featuring sfrxUSD as the initial collateral option. **Key Details:** - sfrxUSD offers high risk-adjusted yields, optimized for looping strategies - The launch represents a collaboration between Curve Finance and Frax Finance - Users can now lend, borrow, or boost yields through the new platform The deployment marks the expansion of Curve's lending infrastructure, with additional markets including sDOLA by Inverse Finance also going live. Access the markets at [Curve Finance Llamalend](https://www.curve.finance/llamalend/ethereum/markets?version=v2&chain=ethereum)
馃敁 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 for deposits and borrowing This follows a similar cap increase on the frxUSD/scrvUSD market in June, which saw strong demand and limited remaining capacity.
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.