Frax Staked Ether price 


3.26% (1d)

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Frax Staked Ether statistics
Market cap


Volume (24h)


Volume/Market cap (24h)
Self-reported circulating supply
22,562 SFRXETH
Total supply
Max. supply
Fully diluted market cap
SFRXETH to USD Converter
Price performance
All-time high
Apr 20, 2023 (10 months ago)
All-time low
Jan 10, 2023 (a year ago)
See historical data
In watchlists174x
8168th / 8.9K
Self-Reported Tags
Ethereum EcosystemBNB Smart ChainPolygon EcosystemShow all
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Frax Staked Ether news


About Frax Staked Ether

sfrxETH is a Liquid Staking Derivative stablecoin by Frax Finance.

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.


Frax Staked Ether analytics