Related Products
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About
Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. Frax is a new paradigm in stablecoin design. Many stablecoin protocols have entirely embraced one spectrum of design (entirely collateralized) or the other extreme (entirely algorithmic with no backing). Collateralized stablecoins either have custodial risk or require on-chain overcollateralization. Frax is the first and only stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. This means FRAX is the first stablecoin to have part of its supply floating/unbacked.
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About
Hop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup or sidechain to another almost immediately without having to wait for the networks challenge period. It works by involving market makers (referred to as Bonder) who front the liquidity at the destination chain in exchange for a small fee. This credit is extended by the Bonder in form of hTokens which are then swapped for their native token counterpart in an AMM. It's hard to quantify security of a protocol but the core team of Hop has worked diligently on the protocol for over one year before releasing it to the public. The Hop core team has extensive experience in smart contract development. Before building Hop they were working as smart contract auditors for several years auditing popular protocols such as Augur, OpenZeppelin, Decentraland and DyDx and consequently built one of the first smart contract wallets in the Ethereum space called Authereum.
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Platforms Supported
Windows
Not Supported
Mac
Not Supported
Linux
Not Supported
Cloud
Supported
On-Premises
Not Supported
iPhone
Not Supported
iPad
Not Supported
Android
Not Supported
Chromebook
Not Supported
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Audience
Fractional-algorithmic stablecoin protocol solution for crypto holders
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Audience
Any user looking for a protocol for sending tokens across rollups and their shared layer-1 network
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Support
Phone Support
Not Supported
24/7 Live Support
Not Supported
Online
Supported
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Support
Phone Support
Not Supported
24/7 Live Support
Not Supported
Online
Supported
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API
Offers API
Not Supported
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API
Offers API
Not Supported
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Free Version
Not Supported
Free Trial
Not Supported
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Pricing
No information available.
Free Version
Not Supported
Free Trial
Not Supported
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Reviews/
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Reviews/
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Training
Documentation
Supported
Webinars
Not Supported
Live Online
Not Supported
In Person
Not Supported
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Training
Documentation
Supported
Webinars
Not Supported
Live Online
Not Supported
In Person
Not Supported
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Company InformationFrax
Founded: 2019
Cayman Islands
frax.finance/
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Company InformationHop Exchange
Founded: 2021
hop.exchange/
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Alternatives |
Alternatives |
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Categories |
Categories |
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Integrations
Arbitrum
Supported
MetaMask
Supported
Polygon
Supported
Aave
Supported
Avalanche
Supported
Binance
Supported
Canton
Supported
Fantom
Supported
Gate.io
Supported
MEXC
Supported
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Integrations
Arbitrum
Supported
MetaMask
Supported
Polygon
Supported
Aave
Not Supported
Avalanche
Not Supported
Binance
Not Supported
Canton
Not Supported
Fantom
Not Supported
Gate.io
Not Supported
MEXC
Not Supported
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