sfrxETH/sFRAX
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Score | 22 |
|---|---|
24h Vol | $260.39 |
Liquidity | $6.9K |
Holders | N/A |
Audits | |
Age | 1 year |
FDV | $20.9M |
Market Cap | $35.3M |
| Addresses | |
|---|---|
| Pool | |
| sfrxETH |  |
| sFRAX | |
sFRAX to sfrxETH Converter
Score | 22 |
|---|---|
24h Vol | $260.39 |
Liquidity | $6.9K |
Holders | N/A |
Audits | |
Age | 1 year |
FDV | $20.9M |
Market Cap | $35.3M |
About Staked Frax (sFRAX)
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Other Pools Trading Staked Frax Ether (sfrxETH)
sfrxETH/sFRAX Price Stats
The current price of sFRAX (sfrxETH/sFRAX) on Balancer V2 (Fraxtal) is $1.1973, the price is up -0.18% in the last 24 hours. Its 24-hour trading volume is reported to be at $260.39 with a total of 169 transactions. sfrxETH/sFRAX contract address is 0x1570315476480fa80cec1fff07a20c1df1adfd53, with a Fully Diluted Valuation (FDV) of $3.15M and a liquidity pool of $6,910.95.
