DefiLlama.com(@DefiLlama):DefiLlama set the standard for tracking TVL and other onchain metrics in DeFi. Today, we're the next step: verifying the backing of onchain assets and vaults. We're proud to launch our first verification page alongside @fraxfinance. On Frax's DefiLlama page, you can see real-time tracking of frxUSD's backing, including offchain assets, which we've independently verified. Stay tuned for more verified onchain products in the coming days and weeks.

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DefiLlama.com@DefiLlama

2026.11.02 19:05

DefiLlama set the standard for tracking TVL and other onchain metrics in DeFi. Today, we're the next step: verifying the backing of onchain assets and vaults. We're proud to launch our first verification page alongside @fraxfinance. On Frax's DefiLlama page, you can see real-time tracking of frxUSD's backing, including offchain assets, which we've independently verified. Stay tuned for more verified onchain products in the coming days and weeks.