Stake DAO FXN
SDFXN Rank #2924Price chart
What is Stake DAO FXN?
Overview
Stake DAO FXN addresses a core DeFi friction: users holding lockable tokens like CRV or FXS traditionally had to choose between locking for governance and yield, or keeping liquidity at the cost of voting power. The protocol lets users deposit lockable tokens and receive sdTokens in return, which can then be staked to access native protocol rewards, boosted strategy yields, governance voting rights, and exit options with limited penalties. This design enables protocols and individuals to capture both income and influence simultaneously.
How it works
Stake DAO FXN operates as a liquid locker on Ethereum. Users lock their governance tokens and receive sdFXN in return, which can be traded or staked. Stakers gain access to underlying protocol rewards, voting rights over the locked assets, revenue from selling governance powers, and additional SDT incentives, with the ability to exit and redeem the underlying token at any time.
Token and supply
SDFXN is the governance and staking token of the Stake DAO liquid locker for FXN. It confers voting rights over the underlying locked tokens and entitles holders to a share of protocol rewards and boosted yield from strategies. Total supply is approximately 34 thousand tokens with no maximum supply cap specified.
Where to trade SDFXN
Exchanges that list this asset
Live spot quotes from connected exchanges
SDFXN funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.