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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.

Frax Staked frxUSD

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SFRXUSD	USD
0.1	0.12136456813
1	1.21
2	2.43
5	6.07
10	12.14
20	24.27
50	60.68
100	121.36
1000	1,213.65

USD	SFRXUSD
0.1	0.08239637114
1	0.82396371145
2	1.65
5	4.12
10	8.24
20	16.48
50	41.20
100	82.40
1000	823.96

Frax Staked frxUSD Converter

SFRXUSD to USD Price Chart

Price Performance

Price Performance

SFRXUSD to USD Conversion Table

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