Fraxtal
Frax Finance's OP Stack L2 — purpose-built to host the Frax stablecoin ecosystem (FRAX, sFRAX, frxETH).
Fraxtal launched 2024. Native gas token is frxETH; FRAX, sFRAX, FXS all bridge canonically. Sequencer profits flow to the Frax DAO, creating a captive-economy alternative to Ethereum-mainnet rollup deployment.
Related terms
- OP StackThe modular L2 framework maintained by OP Labs — underlies Optimism, Base, Mode, Worldchain, Mantle Sepolia, and 30+ others.
- L2 (Layer-2)A scaling network that inherits security from an L1 by posting state roots back — rollups, validiums, plasma.
- FRAXA stablecoin issued by Frax Finance — historically fractional, now fully-collateralised in v3.
- FXSFrax Share — the governance + value-accrual token of the Frax Finance ecosystem.