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Staked Frax Ether

Staked Frax Ether sfrxETH Price $ 3,317

Rank: 156

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sfrxETH Price

3,317
1.60%
(-$ 54.01)
Price Range
LowHigh
    $ 3,317$ 3,394
    OverviewMarketsArbitrageAnalyticsHistorical dataNewsTeam

    General Info

    Contracts/Explorers:

    Ethereum

    0xac3...be38f
    MetaMask icon

    Tags (Sub-Categories):

    #Token

    Funds and Backers

    No funds found yet

    Wallets

    No wallets found yet

    Description

    sfrxETH is a ERC-4626 vault designed to accrue the staking yield of the Frax ETH validators

    Links

    Website
    X (ex-Twitter)

    Staked Frax Ether (sfrxETH) Chart

    Staked Frax Ether price Index provides the latest sfrxETH price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

    sfrxETH to USD Converter

    Staked Frax Ether (sfrxETH)sfrxETH

    sfrxETH Price Statistics

    leaderboard

    Market Cap

    $ 478.82M

    Fully diluted value

    FDV

    $ 478.82M

    ATH Market Cap

    $ 932.86M

    24 Trade Vol.

    $ 68.74K

    Vol. (24h) / MCap

    0.000144

    Total Supply

    sfrxETH 144,353

    Circulating Supply

    sfrxETH 144.35K

    (100% of Total Supply)

    Listing Date

    7 Dec 2022

    All Time High

    $ 4,815

    14 Mar 2024

    All Time Low

    $ 1,216

    7 Dec 2022

    From ATH

    31.1%

    From ATL

    172.7%

    What is Staked Frax Ether (sfrxETH)?

    sfrxETH is a ERC-4626 vault designed to accrue the staking yield of the Frax ETH validators. At any time, frxETH can be exchanged for sfrxETH by depositing it into the sfrxETH vault, which allows users to earn staking yield on their frxETH. Over time, as validators accrue staking yield, an equivalent amount of frxETH is minted and added to the vault, allowing users to redeem their sfrxETH for a greater amount of frxETH than they deposited. 

    The exhange rate of frxETH per sfrxETH increases over time as staking rewards are added to the vault. By holding sfrxETH you hold a % claim on an increasing amount of the vault's frxETH, splitting staking rewards up among sfrxETH holders proportional to their share of the total sfrxETH. This is similar to other autocompounding tokens like Aave's aUSDC and Compound's cUSDC.

    Staked Frax Ether Price Today

    Staked Frax Ether's current price is $ 3,317, it has dropped -1.6% over the past 24 hours.

    Staked Frax Ether's All Time High (ATH) of $ 4,815 was reached on 14 Mar 2024, and is currently -31.1% down.

    The current circulating supply of Staked Frax Ether is 144.35 Thousands tokens, and the maximum supply of sfrxETH is unlimited.

    Staked Frax Ether’s 24 hour trading volume is $ 68.74 Thousands.

    Staked Frax Ether's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 478.82 Million.

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