Frax Staked frxUSD
SFRXUSD Rank #617Price chart
What is Frax Staked frxUSD?
Vault accounting
The token follows an ERC-4626-like design. Depositors receive shares representing a position in the yield vault. Accrued yield increases the amount of frxUSD redeemable per share. The holder's token balance does not need to expand for that value to accrue. Consequently, one sfrxUSD is not permanently fixed at one frxUSD. Supply responds to deposits and redemptions.
Yield and withdrawal
The benchmark strategy compares governance-approved sources of yield. These include carry trades, algorithmic market operations and Treasury-related strategies. Allocations can change as relative returns change. The published venues include lending protocols and tokenized reserve strategies. Yield therefore depends on the assets and positions used by the vault. Users can redeem shares for the corresponding underlying frxUSD. Frax's staking interface states that staking and unstaking do not impose a lock period. The published interface also states that staking and unstaking carry no protocol fee.
Where to trade SFRXUSD
3 exchanges · top 10
Live spot quotes from connected exchanges
SFRXUSD 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.