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Description

Frax operates as an open-source, permissionless protocol that is fully integrated on-chain, currently functioning on Ethereum and several other blockchain networks. The primary objective of the Frax protocol is to develop a highly scalable and decentralized form of algorithmic currency to replace fixed-supply digital assets such as Bitcoin. This innovative approach represents a significant shift in the design of stablecoins. While many existing stablecoin protocols have rigidly adhered to either being fully collateralized or entirely algorithmic without any backing, Frax introduces a hybrid model. Traditional collateralized stablecoins often face custodial risks or necessitate overcollateralization on-chain. In contrast, Frax uniquely combines both backed and algorithmic components in its supply, establishing itself as the first stablecoin to feature a portion of its supply as floating or unbacked. This duality not only enhances the stability of the currency but also paves the way for a more dynamic and adaptable financial ecosystem.

Description

Bridging the gap between traditional finance and the emerging realm of digital currencies is essential. While the internet has unified communication globally, the financial landscape has struggled to keep up, with outdated payment systems fraught with inefficiencies. The existing framework often feels like it’s held together by makeshift solutions, leading to slow and costly final settlements that lack true finality. These systemic flaws translate into higher fees and, in many cases, exclusion for those who can least afford it, disproportionately affecting the economically vulnerable. In stark contrast, a decentralized and trustless approach, exemplified by Bitcoin, revolutionizes financial accessibility by eliminating credit checks and monthly maintenance fees. Open, decentralized, and permissionless networks empower users to transfer funds globally in a matter of moments. Thus, we find ourselves navigating between traditional payment systems and innovative digital alternatives. The challenge lies in the transition from the old paradigm to the new, and tbDEX serves as a vital link between these two worlds. tbDEX operates as a decentralized, permissionless protocol designed to facilitate this crucial exchange. By adopting tbDEX, individuals can experience a seamless integration of legacy and digital financial systems, paving the way for a more inclusive future.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Arbitrum Yes 
Avalanche Yes 
BNB Smart Chain (BSC) Yes 
Binance Yes 
CoinEx Yes 
Crypto.com Yes 
Curve Finance Yes 
Exponential DeFi Yes 
Gate.io Yes 
Harmony Yes 
HitBTC Yes 
MetaMask Yes 
Moonriver Yes 
Polygon Yes 
Risk Harbor Yes 
SushiSwap Yes 
Uniswap Yes 
Yearn Yes 

Integrations

Arbitrum No 
Avalanche No 
BNB Smart Chain (BSC) No 
Binance No 
CoinEx No 
Crypto.com No 
Curve Finance No 
Exponential DeFi No 
Gate.io No 
Harmony No 
HitBTC No 
MetaMask No 
Moonriver No 
Polygon No 
Risk Harbor No 
SushiSwap No 
Uniswap No 
Yearn No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Frax

Founded

2019

Country

Cayman Islands

Website

frax.finance/

Vendor Details

Company Name

TBD

Founded

2021

Website

developer.tbd.website/projects/tbdex/

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