Name: Staked Frax Ether
SKU: sfrxETH
Price: 3374.066885332299 USD

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.&nbsp;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

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

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Exchange	Pair	Last Price	Change (24H)	High (24h)	Low (24h)	Spread	Volume (24h)

Balancer V2	wstETH/sfrxETH	wstETH 0.930 $ 3,373	N/A	sfrxETH $ 0.00	sfrxETH $ 0.00	N/A	$ 830.50K wstETH 228.90
Curve (Ethereum)	rsETH/sfrxETH	rsETH 1.10 $ 3,373	N/A	sfrxETH $ 0.00	sfrxETH $ 0.00	N/A	$ 262.66K rsETH 85.35
Balancer V2	sfrxETH/rETH	rETH 0.979 $ 3,370	N/A	rETH $ 0.00	rETH $ 0.00	N/A	$ 36.39K sfrxETH 10.80
Ramses	sfrxETH/frxETH	frxETH 1.09 $ 3,403	+0.25% frxETH 0.00272	frxETH $ 0.00	frxETH $ 0.00	N/A	$ 3.97K sfrxETH 1.17

Staked Frax Ether sfrxETH

Staked Frax Ether Markets

Staked Frax Ether Historical Markets