Staked Frax (sFRAX) is currently priced at $1.21 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $31,340,012.977. Fully diluted valuation: $31,340,012.977. Circulating supply is 25,977,631.701 sFRAX. Total supply is 25,977,631.701 sFRAX.
$1.21
Stats
1 Day
+0%
1 Month
+0%
3 Months
+0.01%
1 Year
+0.05%
1 Day
1 Month
3 Months
1 Year
+0%
+0%
+0.01%
+0.05%
Market Cap
$31.3M
Fully Diluted
$31.3M
Market Cap
Fully Diluted
$31.3M
$31.3M
About Staked Frax
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.
