Staked Frax USD current market price is $1.14 with a 24 hour trading volume of $283.73K. The total available supply of Staked Frax USD is 33.47M SFRXUSD. It has secured Rank 807 in the cryptocurrency market with a marketcap of $38.07M. The SFRXUSD price is 0.01% down in the last one hour.
The high price of the Staked Frax USD is $1.14 and low price is $1.14 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.
807
$1.14
$38.07M 0.24%
$38.07M
$283.73K
33.47M SFRXUSD
33.47M SFRXUSD
(Not Available)
$1.14
$1.14
$1.21 5.65%
18 Mar 2025
$1.06 7.67%
28 Feb 2025
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0.01%
0.04%
0.05%
0.19%
0.54%
0.94%
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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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