Today Frax Staked frxUSD (SFRXUSD) traded on Curve (Ethereum), Sushiswap V3 (Katana), and Curve (Sonic). The maximum trading volume is observed for the trading pair SFRXUSD/FRXUSD and reaches 600.1 ths. dollars (95% of the total volume across all exchanges). During the week, the minimum price for Frax Staked frxUSD (SFRXUSD) is fixed on Thursday at 1.18 dollar. Currently, the token Frax Staked frxUSD is trading in the range of 1.18 dollar or 0.0023 kopecks for 1 SFRXUSD.
SFRXUSD Frax Staked frxUSD
Price of Frax Staked frxUSD (SFRXUSD)
Exchanges where SFRXUSD is traded
| Exchange | Pair | Price | Volume, 24h | ||
|---|---|---|---|---|---|
| 1 |
Curve (Ethereum)
|
SFRXUSD/FRXUSD |
$ 1.18
FRXUSD 1.1772
|
$ 598,779 | Go |
| 2 |
Curve (Ethereum)
|
SFRXUSD/SCRVUSD |
$ 1.17
SCRVUSD 1.0869
|
$ 28,434 | Go |
| 3 |
Sushiswap V3 (Katana)
|
SFRXUSD/FRXUSD |
$ 1.18
FRXUSD 1.1771
|
$ 1,284 | Go |
| 4 |
Curve (Ethereum)
|
SFRXUSD/USDE |
$ 1.18
USDE 1.1774
|
$ 225 | Go |
| 5 |
Curve (Sonic)
|
SFRXUSD/FRXUSD |
$ 1.18
FRXUSD 1.1781
|
$ 12 | Go |
Calculator SFRXUSD
1 SFRXUSD = 1.18 USD
What is Frax Staked frxUSD?
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.
Official websites and links for Frax Staked frxUSD
There are currently about 4 official links to Frax Staked frxUSD websites and social media:
- Website - frax.com
- Twitter - twitter.com/fraxfinance
- Facebook - facebook.com
- GitHub - github.com/FraxFinance