Frax Finance Alternatives: Similar Stablecoin Protocols Compared

Frax Finance carries a risk grade of C+ (38/100) and ranks #9 of 29 rated Stablecoin protocols. Below are 28 Stablecoin protocols ranked by safety — from safest to riskiest. 8 of these protocols score lower (safer) than Frax Finance, and 20 score higher (riskier).

The single safest alternative is Angle Protocol (B-, 30/100 — 8 points safer than Frax Finance). See the Frax Finance vs Angle Protocol comparison to weigh the tradeoffs.

Current Protocol

Stablecoin

Risk

C+

Value

B

TVL

$68M

Safety analysis →Investment analysis →

AlternativeRiskValueTVL

1

Angle ProtocolSafer

B-

C

$3M

2

Liquity V2Safer

B-

B-

$81M

3

Lybra FinanceSafer

B-

D+

$46,000

4

USDCSafer

B-

A

—

5

B-

C

$500,000

6

B-

C+

$47M

7

Reserve ProtocolSafer

B-

B-

$62M

8

MoneyOnChainSafer

C+

D

$42M

9

C+

C-

$91M

10

C+

D+

$17M

11

C+

C+

$50M

12

C+

C-

$1.4B

13

C+

D

$21M

14

C+

D

$404M

15

C

C

$115M

16

C

D

$301M

17

C

C+

$1.5B

18

C

C

$65M

19

C

B

—

20

C

B

$162M

21

C

D-

$36M

22

C

B

$4.3B

23

Stables Labs USDX

C

D-

$7M

24

C-

C+

$111M

25

World Liberty Financial

C-

C+

$0

26

D+

C

$186M

27

D+

D-

$31M

28

Elixir Protocol

D+

C

$14

Is Frax Finance safe?Is Frax Finance a good investment?Frax Finance risk profile →