Frax explores Amplifi tie-up for leveraged trading on Robinhood
Frax Finance said it is exploring a collaboration with Amplifi, which is bringing leverage to long-tail assets and prediction markets on Robinhood Crypto. Frax signaled interest in bringing those new trading markets into FraxNet, powered by frxUSD liquidity, and highlighted its support for innovative builders.
- Collaboration is exploratory — no live integration announced yet
- Would extend Frax's Robinhood Chain push into leveraged long-tail trading markets
Frax
Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.
