Staked Frax USD Markets Exchange Data

Compare live prices of Staked Frax USD on top exchanges.

#	Exchange	Pair	Price	Volume (24h)	Trust Score
	Curve (Ethereum)	0X57AB1.../0XCF62F...	$1.16	$278,082
	Curve (Ethereum)	0XCF62F.../0X06559...	$1.16	$81,584
	Curve (Ethereum)	0XCF62F.../0X4C9ED...	$1.17	$19,737
	Curve (Fraxtal)	0X788D9.../0XFC000...	$1.17	$3,221
	SwapX Algebra	0X5BFF8.../0XB1E25...	$1.15	$99
	Curve (Ethereum)	0XCF62F.../0XCACD6...	$1.16	$385,036
	Balancer V2 (Fraxtal)	0XFC000.../0XFC000...	$1.16	$23,324	N/A

About Staked Frax USD (SFRXUSD) Cryptocurrency

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.