Fringe Finance FRIN

Fringe Finance (FRIN) is a multichain decentralized finance protocol focused on lending, borrowing and leveraged trading across a broad range of cryptocurrency assets.

The project originated as Bonded Finance in 2020 before rebranding to Fringe Finance in late 2021. Its first public lending platform launched on Ethereum mainnet in June 2022, allowing lenders to supply capital and borrowers to obtain overcollateralized loans against supported crypto assets.

Fringe has since expanded into a multichain DeFi platform. Fringe V2 introduced additional lending markets, partial liquidations, atomic repayments, LP-token collateral, spot margin trading and improved price-oracle infrastructure. The protocol has deployments across Ethereum and several EVM-compatible networks including Arbitrum, Polygon, Optimism and zkSync Era.

FRIN is the ecosystem's ERC-20 token. It can be used within Fringe staking and incentive systems, while the project's documentation also describes a longer-term role for FRIN holders in protocol governance. The token has a total supply of 1 billion FRIN.

Fringe Finance emphasizes support for a wider range of collateral assets than many conventional DeFi lending markets. Its lending system is non-custodial and permissionless, with collateral parameters, price feeds and liquidation mechanisms used to manage borrowing risk.

The protocol publishes its smart-contract documentation and source code publicly and has undergone multiple security audits covering its lending and trading infrastructure.