Frax USD FRXUSD

Roadmap On Time Delivery Rate?Lack of public roadmaps and on-time data delivery.Weight 35%Insufficient data · 20 / 100

Last 4 upgrades achieved?There was an important upgrade in December 2024, but there is a lack of data on recent multiple upgrades.Weight 30%1st Session (December 2024) · 40 / 100

Milestones to Deliver?Lack of publicly available milestone information to be delivered.Weight 20%No public information available · 20 / 100

History Extension Record?There is a lack of publicly available historical delay records, but the data is insufficient to fully confirm this.Weight 15%No public record · 45 / 100

Consensus Mechanism?Relying on the consensus mechanism of mature underlying chains, with no independent consensus of its own.Weight 30%Relying on underlying chains (such as Ethereum PoS) · 80 / 100

Main network years of operation?The mainnet operation time of the project is still short, and stability needs long-term verification.Weight 15%About 1.3 years · 50 / 100

Recent upgrades?In December 2024, a major upgrade was made, enhancing protocol modularity.Weight 35%December 2024 upgrade (frxUSD/sfrxUSD) · 75 / 100

Client Diversity?As a token, its security depends on the client-side diversity of the underlying chain.Weight 20%Relying on the diversity of underlying chain clients · 80 / 100

Deflationary Mechanism?As a stablecoin, its design goal is stability, not deflation.Weight 30%None (Stablecoin Features) · 0 / 100

Inflation rate?Stablecoin supply dynamically adjusts to maintain pegs and has no fixed inflation rate.Weight 25%Dynamic Adjustment (Stablecoin) · 0 / 100

Staking rate/position lock-up rate?There is a lack of staking or lock-up mechanisms, resulting in high liquidity concentration.Weight 25%Approximately 0% (no staking/stake-up) · 0 / 100

Supply Upper Limit?As a stablecoin, its supply dynamically adjusts to maintain its peg with no fixed cap.Weight 20%No fixed upper limit (dynamically adjusted) · 0 / 100

Core Development Team?Limited disclosure of core team background information, lack of visibility.Weight 30%Limited team background information · 30 / 100

Governance mechanisms?The governance mechanism is highly transparent, and community participation is good.Weight 25%Governance mechanisms exist (high transparency) · 70 / 100

Financial Transparency?Transparency in fund management and proposal voting is high.Weight 25%High transparency of funds · 60 / 100

Concentration of key people?There are agency contracts and potential permission leaks, with high centralization risks.Weight 20%Risk of centralization · 40 / 100

Active Address?The number of active addresses is moderate and still needs further growth.Weight 30%Moderate activity level · 50 / 100

Ecological chain/L2 quantity?Widely deployed across multiple mainstream chains and L2s, offering high ecosystem coverage.Weight 25%25+ chains / L2 · 80 / 100

DeFi TVL?It lacks exclusive TVL data for frxUSD, but the Frax ecosystem has relatively high TVL.Weight 25%Insufficient data (Frax Finance ecosystem has relatively high TVL) · 40 / 100

Developer community?Developer activity trends are low, and community activity needs improvement.Weight 20%Low activity · 20 / 100

Historical Major Failure?There is a risk of backdoor code and permission leakage in proxy contracts.Weight 25%There is a risk of backdoor code · 0 / 100

Regulatory Attitude?Stablecoins face stricter global regulations and low project compliance scores.Weight 30%Leaning cautious (stricter regulation) · 0 / 100

Sec Attitude?The SEC is cautious about stablecoins, and the project's compliance is disputed.Weight 30%Controversy (Non-securities presumption) · 0 / 100

Client Bug Frequency?Audit coverage is moderate, but there are risks associated with high-risk privilege functions and agency contracts.Weight 15%Audit coverage is moderate (with high-risk permissions) · 0 / 100