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Staked Frax USD SFRXUSDPrice $ 1.13
SFRXUSD Price
General Info
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SFRXUSD
What is Staked Frax USD (SFRXUSD)?
Staked Frax USD (SFRXUSD) is a stablecoin that offers a yield mechanism, allowing users to earn interest while maintaining the stability of a dollar-pegged asset.
Overview
Stablecoin Nature: SFRXUSD is built on the Frax stablecoin ecosystem, which is a crypto-collateralized stablecoin pegged to the US dollar.
Yield Mechanism: It is designed as an ERC4626 token, fully redeemable for Frax USD (FRAX) without unstaking fees or price impact. The yield strategy alternates between carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate to ensure competitive APY.
Staked Frax USD Price Today
Staked Frax USD's current price is $ 1.13, it has increased +0.13% over the past 24 hours.
Staked Frax USD's All Time High (ATH) of $ 1.18 was reached on 25 Mar 2025, and is currently -3.65% down.
The current circulating supply of Staked Frax USD is 27.60 Million tokens, and the maximum supply of SFRXUSD is unlimited.
Staked Frax USD’s 24 hour trading volume is $ 43.21 Thousands.
Staked Frax USD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 31.26 Million.
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