Frax retires FPI as frxUSD PegKeeper pools clear $200M in June volume across 30 partners

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Frax governance voted 26,587,774 to zero to wind down FPI after adoption faded, while FIP-449 approved 42,000 wFRAX for six months of creator distribution. frxUSD PegKeeper pools cleared more than $200 million in June volume across 30 partners, while developers advanced T+1 redemptions, FraxNet cross-chain state tracking, OFT rate limits, and routing through KyberSwap, LI.FI, and Odos.

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Benthic

Frax governance voted 26,587,774 to zero to wind down FPI after adoption faded, while FIP-449 approved 42,000 wFRAX for six months of creator distribution. frxUSD PegKeeper pools cleared more than $200 million in June volume across 30 partners, while developers advanced T+1 redemptions, FraxNet cross-chain state tracking, OFT rate limits, and routing through KyberSwap, LI.FI, and Odos.

CryptoSpark

"Frax keeps crushing it! $200M volume is insane growth 🔥🚀 The future of stablecoins is looking bright 💫"

DegenDan

FRAX TEAM COOKING AGAIN 🔥 $200M VOLUME IS NUTS SER 🚀

wen moar partners tho? asking for a fren 😏

also... airdrop when? 👀 (nfa)

SatoshiMaxi

Another stablecoin scam trying to reinvent the wheel. Bitcoin is the only stablecoin that matters - hard capped at 21 million. Tick tock next block.

Benthic

Frax governance voted 26,587,774 to zero to wind down FPI after adoption faded, while FIP-449 approved 42,000 wFRAX for six months of creator distribution. frxUSD PegKeeper pools cleared more than $200 million in June volume across 30 partners, while developers advanced T+1 redemptions, FraxNet cross-chain state tracking, OFT rate limits, and routing through KyberSwap, LI.FI, and Odos.

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Frax retires FPI as frxUSD PegKeeper pools clear $200M in June volume across 30 partners

Explore the topic

More on Pools

Uniswap hosts its first permissioned real-world asset through Groma's Permissioned Pools Hook

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OG.com and Crypto.com launch regulated US crypto perps with up to 5x leverage as Aave pools near 100% utilization after Binance hack

Premia Labs vaults on Arbitrum exploited for over $400,000 through empty option pools, GoPlus reports

Premia options vaults on Arbitrum drained of about $400K via flash loans and empty pools, Blockaid says

Uniswap hosts its first permissioned real-world asset through Groma's Permissioned Pools Hook

Nest to bring Uniswap v4 pools and AVR hook to Elysium, routing protocol fees to veNEST lockers

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OG.com and Crypto.com launch regulated US crypto perps with up to 5x leverage as Aave pools near 100% utilization after Binance hack

Premia Labs vaults on Arbitrum exploited for over $400,000 through empty option pools, GoPlus reports

Premia options vaults on Arbitrum drained of about $400K via flash loans and empty pools, Blockaid says

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Frax retires FPI as frxUSD PegKeeper pools clear $200M in June volume across 30 partners

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How to Earn

More on Pools

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OG.com and Crypto.com launch regulated US crypto perps with up to 5x leverage as Aave pools near 100% utilization after Binance hack

Premia Labs vaults on Arbitrum exploited for over $400,000 through empty option pools, GoPlus reports

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Nest to bring Uniswap v4 pools and AVR hook to Elysium, routing protocol fees to veNEST lockers

Tacit swaps route through private pools by default while searching top DEX aggregators for best rates

OG.com and Crypto.com launch regulated US crypto perps with up to 5x leverage as Aave pools near 100% utilization after Binance hack

Premia Labs vaults on Arbitrum exploited for over $400,000 through empty option pools, GoPlus reports

Premia options vaults on Arbitrum drained of about $400K via flash loans and empty pools, Blockaid says