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Frgmnt

Total Value Locked$162,352

TVL by Chain

Base$162,352

Protocol Information

Frgmnt is a multi-collateralized stablecoin on Base. fUSD is minted against USDC (1 fUSD = 1 USD) and its reserves are deployed into DeFi yield strategies. Staking fUSD mints sfUSD, a non-transferable token whose yield is claimable by stakers.

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Category:Yield Aggregator

Audits:

Methodology

TVL: TVL is the protocol's on-chain total fund value (totalFundValue from PoolLogic.getFundSummary), i.e. the USD value of the collateral backing fUSD/sfUSD. The collateral is deployed into external stablecoin-lending strategies, so TVL is flagged as double-counted.View code on GitHub

Competitors

CIAN Yield Layer ($310.06m)Yearn Finance ($198.31m)Beefy ($111.87m)Vesper ($89.91m)vfat.io ($37.21m)YO Protocol ($34.74m)Harvest Finance ($22.57m)Yield Yak Aggregator ($16.79m)Superform ($16.66m)YieldFi ($11.5m)

Frequently Asked Questions

What is Frgmnt's TVL?

Frgmnt currently has $162,352 in total value locked. TVL has increased 64.6% over the past 30 days.

What chains does Frgmnt operate on?

Frgmnt operates on Base. Base holds the largest share at 100%.

How does Frgmnt's TVL compare to similar protocols?

Among Yield Aggregator protocols tracked by DefiLlama, Frgmnt ranks #63 by TVL. The category holds $1.331b across 189 protocols, and Frgmnt accounts for <0.1% of that total. Other leading protocols include CIAN Yield Layer, Yearn Finance, Beefy, Vesper, vfat.io, YO Protocol, Harvest Finance, Yield Yak Aggregator, Superform, and YieldFi.