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Ethereum
Staked Frax Ether Price
0.065
$ 1,883
$ 1,835
About Staked Frax Ether
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SFRXETH to USD Converter
SFRXETHStaked Frax Ether Monthly Returns (USD)
Staked Frax Ether Quarterly Returns (USD)
Staked Frax Ether Closing Price (USD) - Quarterly
SFRXETH - USD Price Change
| Period | Change | Change (%) | High | Low |
|---|---|---|---|---|
| 14D | $ 156.36 | +9.15% | $ 1,889 | $ 1,687 |
| 1M | $ 197.35 | +11.8% | $ 1,889 | $ 1,411 |
Staked Frax Ether Annual Price (USD) Change
Staked Frax Ether Markets
Staked Frax Ether Live Info Today
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's All Time High (ATH) of $ 1,889 was reached on 19 Mar 2023, and is currently -1.29% down.
