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Staked Frax USD

Staked Frax USD

$1.14
+$0.0136
+1.21%
• Today

Info

Symbol
SFRXUSD
Network
Ethereum
Market Cap
$36M
Total Supply
31.3M
Circulating Supply
31.3M
Holders
164
Volume (24h)
$345K
+250.84%
Trades (24h)
19
-13.64%
Traders (24h)
10
-23.08%

About

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.

FAQ

The market capitalization of SFRXUSD is $36M as of Jun 10, 2025.

Market capitalization is calculated by multiplying the current price of SFRXUSD by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of SFRXUSD is $345K as of Jun 10, 2025.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for SFRXUSD.

The total supply of SFRXUSD is 31.3M.

The circulating supply, which represents the number of SFRXUSD currently available in the market, is 31.3M as of Jun 10, 2025.

SFRXUSD can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.