sfrxETH: Stake frxETH, earn more frxETH over time.
sfrxETH earns Frax ETH staking yields. Deposit frxETH, receive sfrxETH, and redeem later for more frxETH as rewards accumulate.
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What is Staked Frax Ether (SFRXETH)?
sfrxETH is an ERC-4626 vault that lets you earn rewards from staking Frax ETH. You can deposit frxETH into the vault to get sfrxETH, which represents your share of the staked ETH and its accrued rewards. As the Frax ETH validators generate staking yield, the vault receives more frxETH, increasing the value of each sfrxETH over time. Holding sfrxETH is like owning a percentage of the vault's growing frxETH holdings, similar to how aUSDC and cUSDC work.
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Staked Frax Ether price live information
As of now, Staked Frax Ether is trading at 2 317.881459 USD, with a 24-hour trading volume of approximately 0 USD. The SFRXETH to USD price is updated in real time. Over the past 24 hours, Staked Frax Ether has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 198.38M USD. Currently, there are 85 586 SFRXETH in circulation out of a maximum supply of 85 586 SFRXETH.
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