Basis Protocol

Score Proof · FRAX · SII · 2026-09-21 19:52 UTC

Frax FRAX
Issued by Frax Finance
68.8

Methodology v1.2.0 · Computed 2026-09-21 16:59 UTC · 58 components

This page shows every input used to compute this score. The methodology is open. The computation is deterministic — same inputs always produce the same output.

Formula

SII = 0.30×Peg + 0.25×Liquidity + 0.15×Flows + 0.10×Distribution + 0.20×Structural

Category Weight Score Contribution
Peg Stability 0.30 74.2 22.25
Liquidity Depth 0.25 41.3 10.33
Mint/Burn Flows 0.15 80.0 12.00
Holder Distribution 0.10 57.7 5.77
Structural Risk 0.20 83.9 16.79
Total 68.8 67.14

Component Readings

58 of 56 target components currently scoring

Component Raw Value Score (0-100) Source Type Collected
Flows
daily_burn_volume 0 100.0 etherscan live 2026-09-21 16:59
daily_mint_volume 0 100.0 etherscan live 2026-09-21 16:59
net_mint_burn_ratio 0.5 100.0 etherscan live 2026-09-21 16:59
supply_change_velocity 0.0557 100.0 derived static 2026-09-21 16:59
unusual_minting_detection 100 0.0 derived static 2026-09-21 16:59
Governance
governance_model 75 75.0 config static 2026-09-21 16:59
team_transparency 1 85.0 config static 2026-09-21 16:59
Holder Distribution
agent_holder_share 0 actor_classification static 2026-09-21 16:59
correlated_response_risk 0 actor_classification static 2026-09-21 16:59
exchange_concentration 0.1077 40.4 etherscan live 2026-09-21 16:59
top_10_concentration 0.1093 100.0 etherscan live 2026-09-21 16:59
unique_holders 9934 40.0 etherscan live 2026-09-21 16:59
Liquidity
avg_bid_ask_spread 0.6343 36.6 coingecko live 2026-09-21 16:59
bid_ask_spread 0.6341 38.5 derived static 2026-09-21 16:59
cex_listing_count 7 50.0 coingecko live 2026-09-21 16:59
chain_count 22 100.0 defillama live 2026-09-21 16:59
circulating_ratio 1 100.0 coingecko live 2026-09-21 16:59
dex_pool_count 13 100.0 coingecko live 2026-09-21 16:59
market_cap 2.177e+08 60.0 coingecko live 2026-09-21 16:59
volume_24h 6.628e+05 20.0 coingecko live 2026-09-21 16:59
volume_concentration 0.8109 14.9 coingecko live 2026-09-21 16:59
volume_mcap_ratio 0.003 0.0 coingecko live 2026-09-21 16:59
Market Activity
daily_turnover_ratio 0.3044 6.1 coingecko live 2026-09-21 16:59
exchange_count 20 70.0 coingecko live 2026-09-21 16:59
exchange_trust_ratio coingecko live 2026-09-21 16:59
mcap_change_24h 0.09 70.3 coingecko live 2026-09-21 16:59
price_stability_24h 0.0796 98.4 coingecko live 2026-09-21 16:59
price_stability_7d 0.0895 99.1 coingecko live 2026-09-21 16:59
stablecoin_market_share 0.1452 40.0 coingecko live 2026-09-21 16:59
trading_pair_diversity 20 100.0 coingecko live 2026-09-21 16:59
Network
gas_resilience 80 80.0 config static 2026-09-21 16:59
primary_chain_security 95 95.0 static static 2026-09-21 16:59
Peg Stability
arbitrage_efficiency 0.214 2.0 derived static 2026-09-21 16:59
depeg_events_30d 0 100.0 coingecko live 2026-09-21 16:59
max_drawdown_30d 0.5975 94.0 coingecko live 2026-09-21 16:59
peg_24h_max_deviation 0.9153 90.8 coingecko live 2026-09-21 16:59
peg_30d_stability 0 0.0 coingecko live 2026-09-21 16:59
peg_7d_max 0.9937 87.3 coingecko live 2026-09-21 16:59
peg_7d_min 0.9894 78.8 coingecko live 2026-09-21 16:59
peg_7d_stddev 0.000678 96.6 coingecko live 2026-09-21 16:59
peg_current_deviation 0.7196 85.6 coingecko live 2026-09-21 16:59
peg_range_7d 0.004239 78.8 coingecko live 2026-09-21 16:59
stress_performance 1.692 86.2 coingecko live 2026-09-21 16:59
Regulatory
jurisdiction_clarity 1 80.0 config static 2026-09-21 16:59
regulatory_status 50 50.0 config static 2026-09-21 16:59
Smart Contract
admin_key_risk 75 75.0 config static 2026-09-21 16:59
blacklist_capability 0 100.0 config static 2026-09-21 16:59
bug_bounty_score 5e+05 100.0 config static 2026-09-21 16:59
contract_verified 1 100.0 static static 2026-09-21 16:59
exploit_history 0 100.0 config static 2026-09-21 16:59
pausability 0 100.0 config static 2026-09-21 16:59
Transparency
attestation_frequency 1 100.0 config static 2026-09-21 16:59
attestation_freshness 1 99.2 estimated static 2026-09-21 16:59
auditor_quality 3 60.0 config static 2026-09-21 16:59
cash_equivalents_pct 70 70.0 attestation static 2026-09-21 16:59
reserve_to_supply_ratio 1 50.0 attestation static 2026-09-21 16:59
transparency_url_exists 1 100.0 config static 2026-09-21 16:59

Evidence

Raw JSON · Score History · Witness Archive · Methodology Spec

Re-derivation

Inputs hash: 6eb858fd902900a9d570bc6d877da43e

You can verify this score independently by calling GET /api/scores/frax and applying the published formula to the component readings. The same inputs always produce the same output.