What is Fraxlend's risk level?

Yielna's risk meter reads Moderate for Fraxlend, from its contracts, their control and its history. It measures structural and historical risk, not future returns.

Is Fraxlend verified by Yielna?

Not at present: Fraxlend does not hold a Yielna badge, which means a requirement is not met or could not be verified.

Who controls Fraxlend's contracts?

Admin control: 3 of 5 signers must approve. Timelock: None — admin changes take effect immediately.

What is Fraxlend's TVL?

$24.2M, as reported by DefiLlama.

Has Fraxlend been exploited?

No exploit is recorded for Fraxlend.

Fraxlend

Overview

TVL

$24.2M

Up 24% over 90 days

Live since

2022

Lent out to borrowers$6.0M· not in TVL

TVL, last 90 days

Risk

How it's measured

Moderate

Full data

Security

AuditsAudited by Trail of Bits, October 2022Trail of Bits · Oct 2022

Contract statusAll contracts verified, immutableFraxlendPairRegistry 0xD6E9…A751 FraxlendPairRegistry 0x8c22…5e57 FraxlendPairRegistry 0x0bD2…316d FraxlendPair 0xC045…161E FraxlendPair 0x470c…caeD FraxlendPair 0xb5a4…2684

Multisig3 of 5 signers must approveSafe 0xB174…3f27

TimelockNone — admin changes take effect immediately

Track record

Through market stressCame through all 4FTX collapse (Nov 2022) — deposits grew 817%USDC depeg (Mar 2023) — kept 84% of its depositsAugust 2024 crash — kept 56% of its depositsOctober 2025 liquidation cascade — kept 65% of its deposits

Exploit historyNone recorded