Frgmnt
Yield on Base
- Base TVL
- $162.2k+0.0%
- DEX volume, 24h
- —
- Fees, 24h
- —
- 7d change
- +0.6%
Data: DefiLlama · Updated
About Frgmnt
Frgmnt issues fUSD, a stablecoin on Base minted against USDC at parity, with the reserves deployed into DeFi yield. The holder gets a stable unit and the protocol keeps what the reserves earn, which is the same arrangement most fiat-backed issuers run offchain. It is Base only.