Staked Frax Ether
sfrxETH

$2,501.874

-3.51%
  • Market Cap
    $321,685,342.775
  • 24 Hour Trading Vol
    $368,424.71
  • Fully Diluted Valuation
    $321,690,955.338
  • Circulating Supply
    128,580
  • Total Supply
    128,580
  • Max Supply
Staked Frax Ether
sfrxETH is a ERC-4626 vault designed to accrue the staking yield of the Frax ETH validators
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Staked Frax Ether Converter
sfrxETH
1 sfrxETH = $2,501.874
sfrxETH Statistics
  • Staked Frax Ether Price
    $2,501.874
  • Trading Volume
    $368,424.71
  • Market Cap
    $321,685,342.775
Staked Frax Ether Price Chart (sfrxETH)

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24h
7d
30d
3M
1Y
YTD
-3.51%
-2.74%
-12.58%
-34.61%
+45.96%
+3.01%
About Staked Frax Ether

sfrxETH is a ERC-4626 vault designed to accrue the staking yield of the Frax ETH validators. At any time, frxETH can be exchanged for sfrxETH by depositing it into the sfrxETH vault, which allows users to earn staking yield on their frxETH. Over time, as validators accrue staking yield, an equivalent amount of frxETH is minted and added to the vault, allowing users to redeem their sfrxETH for a greater amount of frxETH than they deposited. 

The exhange rate of frxETH per sfrxETH increases over time as staking rewards are added to the vault. By holding sfrxETH you hold a % claim on an increasing amount of the vault's frxETH, splitting staking rewards up among sfrxETH holders proportional to their share of the total sfrxETH. This is similar to other autocompounding tokens like Aave's aUSDC and Compound's cUSDC.

Staked Frax Ether Markets
ExchangePairLast PriceChange (24H)High (24h)Low (24h)SpreadVolume (24h)

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