Frax Staked frxUSD (SFRXUSD)

Trade SFRXUSD on Ethereum • Contract: 0xcf62f905562626cfcdd2261162a51fd02fc9c5b6

Price

$1.2

▲ 0.20% 24h

Market Cap

$43.43M

Rank #556

24h Volume

$60.6K

FDV

$43.43M

About 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...

Arbitrum EcosystemLiquid Staking TokensEthereum EcosystemReal World Assets (RWA)Mode Ecosystem

How to buy SFRXUSD

Connect your wallet to Rubicon and swap ETH for SFRXUSD on Ethereum. Rubicon aggregates liquidity from on-chain order books and automated market makers to find the best price for your SFRXUSD trade.

Token Details

Name: Frax Staked frxUSD
Symbol: SFRXUSD
Network: Ethereum
Decimals: 18
Contract: 0xcf62f905562626cfcdd2261162a51fd02fc9c5b6