About Staked Frax USD
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.
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Market Stats
Market Cap
$33.22M
0.09%
FDV
$33.22M
Circ. Supply
29M SFRXUSD
Max Supply
Not enough data
Total Supply
29M SFRXUSD
Diluted Valuation
$33.23M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$1.46M
45.83%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$1.21
Price Change (1Y)
-0.35%
Additional details
Market details
SFRXUSD vs markets
↘ 36.99%
SFRXUSD vs BTC
↘ 38.17%
SFRXUSD vs ETH
↘ 36.06%
Tags
defi
stablecoin
staking
usd-stablecoin
+2
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xcf62F905562626CfcDD2261162a51fd02Fc9c5b6 | |
Sei | 0x5bff88ca1442c2496f7e475e9e7786383bc070c0 | |
Arbitrum | 0x5Bff88cA1442c2496f7E475E9e7786383Bc070c0 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.17 | ↗ 0.02% |
1 Day | $1.17 | ↗ 0.02% |
1 Week | $1.17 | ↘ 0.02% |
1 Month | $1.16 | ↗ 0.33% |
1 Year | $0.00 | ↘ 0.35% |
FAQ
We update our Staked Frax USD to USD currency in real-time. Get the live price of Staked Frax USD on Coinbase.
The current market cap of Staked Frax USD is $33.22M. A high market cap implies that the asset is highly valued by the market.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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