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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.

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.

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

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

Audience

Fractional-algorithmic stablecoin protocol solution for crypto holders

Audience

Any user looking for a protocol for sending tokens across rollups and their shared layer-1 network

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Frax
Founded: 2019
Cayman Islands
frax.finance/

Company Information

Hop Exchange
Founded: 2021
hop.exchange/

Alternatives

Alternatives

Apricot

Apricot

Apricot Lend
TrueFi

TrueFi

TrustToken
EverBridge

EverBridge

EverRise
Taiko

Taiko

Taiko Labs

Categories

Crypto Staking Supported
Yield Farms Supported

Categories

Crypto Staking Supported

Integrations

Arbitrum Supported
MetaMask Supported
Polygon Supported
Aave Supported
Avalanche Supported
Binance Supported
Canton Supported
Fantom Supported
Gate.io Supported
MEXC Supported
Morpho Supported
Optimism Not Supported
Risk Harbor Supported
Swoop Exchange Not Supported
Uniswap Supported
WalletLink Not Supported
Yearn Supported

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
Morpho Not Supported
Optimism Supported
Risk Harbor Not Supported
Swoop Exchange Supported
Uniswap Not Supported
WalletLink Supported
Yearn Not Supported
Claim Frax and update features and information
Claim Frax and update features and information
Claim Hop Exchange and update features and information
Claim Hop Exchange and update features and information