Staked Frax USD (SFRXUSD)

market_cap_rank: 1045 | coingecko_rank: null

Current Price

get_current_price()

$1.15 +0.09%

24h_range: $1.14 - $1.15

Price Changes

get_price_changes()

24h

+0.09%

+0.26%

14d

-0.15%

30d

+0.64%

Market Data & Supply

get_market_data()

market_cap

$30815055

fully_diluted_valuation

$30815055

volume_24h

$714436

get_supply_info()

circulating_supply

26873621

total_supply

26873621

max_supply

null

All-Time Records

get_ath_data()

All-Time High

$1.21

change: -4.89%

date: 2025-03-18

get_atl_data()

All-Time Low

$1.06

change: +8.55%

date: 2025-02-28

About Staked Frax USD

get_description()

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.

Additional Information

get_basic_info()

homepage

https://frax.com