Logo of Frax EtherFrax Ether(FRAX)

Total Value Locked$139.2m

TVL by Chain

Ethereum$139.05m

Fraxtal$144,581

Key Metrics

Fees 30d$303,049
Fees 30d by chain

Ethereum$303,049

Fees 7d$62,974

Ethereum$62,974

Fees 24h$0

Ethereum$0

Cumulative Fees$46.07m

Ethereum$46.07m

Revenue 30d$30,305
Revenue 30d by chain

Ethereum$30,305

Revenue 7d$6,297

Ethereum$6,297

Revenue 24h$0

Ethereum$0

Cumulative Revenue$4.61m

Ethereum$4.61m

Holders Revenue 30d$0
Holders Revenue 30d by chain

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Protocol Information

Frax Ether is a liquid ETH staking derivative designed to uniquely leverage the Frax Finance ecosystem to maximize staking yield and smoothen the Ethereum staking process for a simplified, secure, and DeFi-native way to earn interest on ETH.

WebsiteX/Twitter
Category:Liquid Staking

Methodology

TVL: TVL represents all the on-chain assets backing frxETHView code on GitHubFees: All staking rewards from ETH validators.View code on GitHubRevenue: Share of 10% staking rewards.View code on GitHubHolders Revenue: No revenue share to token holders.View code on GitHub

Yields

Pools Tracked1

Average Supply APY2.51%

Competitors

Lido ($27.236b)Binance staked ETH ($10.289b)ether.fi Stake ($5.322b)Rocket Pool ($1.439b)StakeWise V3 ($1.034b)Liquid Collective ($755.6m)mETH Protocol ($649.93m)Coinbase Wrapped Staked ETH ($528.02m)Stader ($279.54m)stake.link liquid ($103.14m)

Frequently Asked Questions

What is Frax Ether's TVL?

Frax Ether currently has $139.2m in total value locked. TVL has increased 14% over the past 30 days.

What chains does Frax Ether operate on?

Frax Ether operates on 2 chains: Ethereum and Fraxtal. Ethereum holds the largest share at 99.9%.

How much has Frax Ether generated in fees and revenue?

Over the past 30 days, Frax Ether generated $303,049 in fees. Of that, $30,305 was protocol revenue. Based on the trailing year, the annualized rate is $4.87m in fees and $486,910 in revenue.

How does Frax Ether's TVL compare to similar protocols?

Among Liquid Staking protocols tracked by DefiLlama, Frax Ether ranks #28 by TVL. The category holds $62.838b across 270 protocols, and Frax Ether accounts for 0.2% of that total. Other leading protocols include Lido, Binance staked ETH, ether.fi Stake, Rocket Pool, StakeWise V3, Liquid Collective, mETH Protocol, Coinbase Wrapped Staked ETH, Stader, and stake.link liquid.

How many yield pools does Frax Ether have?

DefiLlama tracks 1 Frax Ether yield pool with an average APY of 2.5%.