TVL (current + 30d trend)

Frax Finance's assessment for RD-F-063 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Current TVL $298.58M (DefiLlama 2026-05-16). 30d change -5.12%; 1d change -3.86%; 90d CoV 0.073 (mean $294.3M, std $21.5M). Down 88% from $2.483B ATH (2022-03-03) — managed design migration from fractional-algorithmic FRAX to fully-collateralized frxUSD, not an exploit. Continues above $100M coverage threshold. Yellow for ongoing downtrend and 88% ATH drawdown despite non-distress causation.

Sources #

Internal
Frax data cache — TVL statistics.research/protocols/frax/00-data-cache.json — tvl_cov_90d, tvl_1d_change_pct, tvl_30d_change_pct fields; fetched 2026-05-16T19:58:14Zretrieved 2026-05-16
URL
Frax Finance TVL — DefiLlama APIDefiLlama API frax-finance protocol page; fetched 2026-05-16retrieved 2026-05-16

Methodology #

Read current TVL in USD and 30-day trend using DeFiLlama adapter methodology.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol frax factor RD-F-063 score yellow collected_at 2026-05-16 20:44:31