The social engine of @fraxfinance.
Fraxtal
Joined September 2025
- Tweets1.8K
- Following315
- Followers614
- Likes11.4K
Pinned Tweet
“We built FraxNet as the first runtime neobank. It’s essentially a neobank with an app store.”
@samkazemian (CEO of @fraxfinance) keynote on “The Great Unbundling of Finance” at @token2049.
Key moments:
01:05 From Crypto Islands to Merging Financial Systems
02:03 Why Every Neobank Sounds the Same
02:52 What a Real Network Effect Actually Is
04:10 FraxNet: A Neobank With an App Store
06:59 One Identity, Every Financial App
09:20 What If Marina Bay Sands Accepted Digital Assets
11:36 The Most AI-Friendly Finance Platform in Web3, by Accident
We’re going live in about 20 minutes with our ONCHAIN CA$H show.
Tonight we’re covering a hand-picked set of topics: Paraguay’s corralito, the Gnosis Pay data breach, stablecoin payments’ best month but still early, and Frax ecosystem news. Plus market TA from a FraxForce member.
Join us at 8 PM CET, live here on X.
Frax Force retweeted
🗞️ Mint and redeem 10+ assets via $frxUSD.
¤ FraxNet: stablecoins (USDC, USDT, PYUSD, USDB), white-label dollars (USSD, USDso), tokenized Treasuries (BUIDL, USTB, WTGXX) and bank dollars
¤ Partners: USDte on @techdollarhq, mF-ONE on @MidasRWA, DUSD on @alto_money
Links below.
Frax is getting ready for GENIUS!
We keep saying it: a stablecoin has to show its work. Here’s more of it.
Track record: Frax operates almost 6 years onchain, billions secured, 0 protocol exploits.
Fresh audit: @zellic_io went through the $frxUSD contracts, from custodians to lawful-order freezes. 0 critical, 0 high, 0 medium.
In 72 days, GENIUS sets the bar for U.S. stablecoins. Reserves you can check, exits that stay open, code that holds up. That’s the standard you want behind your dollars.
🗞️ 0 critical findings. 0 protocol exploits since 2020.
@fraxfinance has been operating onchain for almost six years, securing billions in assets along the way. Not one protocol exploit has touched user funds.
Now @zellic_io has reviewed the contracts behind $frxUSD: no critical, high or medium issues.
For an onchain dollar, key GENIUS Act requirements run through smart contracts. Zellic’s scope covered them:
¤ Backing & redemptions → custodian contracts
¤ Lawful-order compliance → account freezes
¤ Risk management → timelocked minter access, bridge rate limits
Built to GENIUS standards. Now independently audited.
Frax Force retweeted
Security is priority number one at Frax.
@zellic_io has completed a security assessment of frxUSD ecosystem contracts: 0 critical findings.
The scope covered frxUSD's custodians, timelocked minting, and bridge routing and circuit breakers.
docs.frax.com/protocol/secur…
Frax Force retweeted
Please join Hydrex and @AruReserve as we host a bleeding-edge discussion on the future of tokenization and RWAs.
We'll include panelists from @fraxfinance, @st0x_io, and @DFB_DeFi on November 11th at 13:00 UTC.
Set a reminder: teapaw.org/i/spaces/1jPQBMpknMeJp…
Frax Force retweeted
🗞️ For LPs chasing the biggest economic upside, $frxUSD is the best choice.
Today, 51+ assets trade directly against it across major networks.
Any onchain asset can pair with it. Like USDC, it's $1 liquidity backed by Treasuries. Unlike USDC, ~98% of those reserves sit onchain in BlackRock, WisdomTree and Superstate funds you can verify yourself, while the T-bill yield they earn gets forwarded to partner pools as LP incentives.
An economic upgrade for DeFi protocols and their LPs: high-quality liquidity, with incentives backed by T-bill yield instead of emissions.
Frax Force retweeted
Another week. Still leading.
sfrxUSD just climbed to 5.3% APY, continuing to deliver the highest risk-adjusted yield in stablecoins.
Make your dollars more productive.
💰 frax.com/earn
Frax Force retweeted
Add liquidity and earn up to 85.99% with frxUSD / sVUSD on @CurveFinance, with boosted staking via @StakeDAOHQ.
Get rewards in two steps:
Add liquidity on @CurveFinance: curve.finance/dex/ethereum/p…
Stake your LP on Stake DAO: app.stakedao.org/strategy?pr…
Not available for US and EU users.
Yields displayed are current, based on TVL in pools.
Frax Force retweeted
FX will be on-chain.
1/ Brazil’s election was decided Sunday, Oct 25. Traditional FX markets were closed 🇧🇷
Lula won a fourth term, and the real plunged 8% when markets reopened.
But traders on @Featherlend on @0xPolygon had already been trading the move overnight.
Here’s how frxUSD powered it🧵
Frax Force retweeted
Not every election trade worked.
Right after the result, a second trader borrowed more BRZ on @Featherlend to buy more TESOURO, tokenized Brazilian government bonds.
When markets opened, bond prices fell. At 10:43 AM, the position was liquidated.
Lenders still got every BRZ back. The loan sat in an isolated @Morpho market with an 86% limit, so it was closed while the TESOURO still covered the debt. $0 bad debt.
Better FX on battle-tested rails, built to keep lenders whole even when a trade goes wrong.
with TESOURO from @etherfuse, and BRZ from @transferogroup.
Brazil's election ended Sunday night. Banks stayed closed until Monday. FX with $frxUSD on @0xPolygon stayed open.
At 2:20 AM, one trader shorted the real: ethereum:0xcf62f905562626cfcdd2261162a51fd02fc9c5b6 as collateral on @Featherlend, 300K BRZ borrowed and sold for frxUSD on @CurveFinance.
Once markets opened and the real fell, the BRZ was bought back cheaper and the loan repaid.
~$900 in 12 hours, while the collateral kept earning ~5% APY.
This is what better FX looks like to us: open when TradFi rails aren't, with a dollar that keeps earning.
Built on @Morpho, with BRZ from @transferogroup and liquidity from @DFB_DeFi.
1/ Brazil’s election was decided Sunday, Oct 25. Traditional FX markets were closed 🇧🇷
Lula won a fourth term, and the real plunged 8% when markets reopened.
But traders on @Featherlend on @0xPolygon had already been trading the move overnight.
Here’s how frxUSD powered it🧵
Not every election trade worked.
Right after the result, a second trader borrowed more BRZ on @Featherlend to buy more TESOURO, tokenized Brazilian government bonds.
When markets opened, bond prices fell. At 10:43 AM, the position was liquidated.
Lenders still got every BRZ back. The loan sat in an isolated @Morpho market with an 86% limit, so it was closed while the TESOURO still covered the debt. $0 bad debt.
Better FX on battle-tested rails, built to keep lenders whole even when a trade goes wrong.
with TESOURO from @etherfuse, and BRZ from @transferogroup.
Frax Force retweeted
🗞️ Every $frxUSD in @Featherlend's vault is borrowed. The rate for lenders: 51.9% APY.
Most of the vault's $136.7k is borrowed against BRZ, a Brazilian real stablecoin.
When everything in a @Morpho vault is borrowed, the rate keeps rising. It drops again when loans are repaid or new deposits come in.
6/ Don't want to trade FX? Lend to the traders who do.
Demand for frxUSD is high and the Feather market is 100% utilized. Lenders are earning ~50% APY until utilization eases.
Get started: app.morpho.org/polygon/vault…
Frax Force retweeted
5/ Frax's role?
¤ sfrxUSD: productive collateral on @Featherlend
¤ frxUSD: dollar liquidity through @CurveFinance FX pools on @0xPolygon
The future of FX is onchain. 24/7 markets need trusted, productive dollars.
Elections don't wait for market hours. Neither does DeFi.
Frax Force retweeted
1/ Brazil’s election was decided Sunday, Oct 25. Traditional FX markets were closed 🇧🇷
Lula won a fourth term, and the real plunged 8% when markets reopened.
But traders on @Featherlend on @0xPolygon had already been trading the move overnight.
Here’s how frxUSD powered it🧵
Frax Force retweeted
Add liquidity and earn 24.18% with VUSD / frxUSD on @Uniswap.
Get rewards in two steps:
Add liquidity on @Uniswap: app.uniswap.org/explore/pool…
Claim your rewards on @merkl_xyz: app.merkl.xyz/opportunities/…
Not available for US and EU users.
Yields displayed are current, based on TVL in pools.
