sfrxUSDFrax
Chains:
TVL
$26.29M
-0.76%
Price
$1.19
+0.85%
APY30d
4.25%
-0.37%
+0.52%
YPO30d
$94.15K
Key Facts
Protocol
Frax
Token
sfrxUSD
Asset Class
RWA Backed, Algorithmic Strategy, Crypto Backed, Managed Strategy, Delta Neutral, YBS Wrapper, Treasuries Backed
Market Data
Market Cap
$26.29M
All-Time YPO
$1.84M
Live Yield Paid Out
00:00:00
$.
About
sfrxUSD (Staked Frax USD) is a yield-bearing stablecoin issued by Frax Finance, representing a staked version of frxUSD, a stablecoin pegged to the USD. frxUSD is fully backed by US dollars deposited at custodians, while the sfrxUSD generates yield through the Frax ecosystem’s yield strategies, including the RWA yield sources, carry trades, market and DeFi operations. It aims to provide auto-compounding returns.