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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.

Staked Frax USD

A list of the top {coinName} markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

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SFRXUSD	USD
0.1	0.11731969853
1	1.17
2	2.35
5	5.87
10	11.73
20	23.46
50	58.66
100	117.32
1000	1,173.20

USD	SFRXUSD
0.1	0.08523717777
1	0.85237177771
2	1.70
5	4.26
10	8.52
20	17.05
50	42.62
100	85.24
1000	852.37

Staked Frax USD Converter

SFRXUSD to USD Price Chart

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Price Performance

SFRXUSD to USD Conversion Table

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