Logo of Frax EtherFrax Ether(FRAX)
Total Value Locked$94.63m

TVL by Chain

Ethereum$94.53m

Fraxtal$97,513.63

Key Metrics

Fees (Annualized)$6.2m
Fees 30d$232,337

Ethereum$232,337

Fees 7d$48,036

Ethereum$48,036

Fees 24h$0

Ethereum$0

Cumulative Fees$45.56m

Ethereum$45.56m

Revenue (Annualized)$620,473
Revenue 30d$23,235

Ethereum$23,235

Revenue 7d$4,804

Ethereum$4,804

Revenue 24h$0

Ethereum$0

Cumulative Revenue$4.56m

Ethereum$4.56m

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

$FRAX Liquidity$1.74m

Curve DEX$1.25m

Uniswap V3$258,800

Uniswap V2$236,824

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.

Category:Liquid Staking

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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 APY2.72%

Competitors

Lido ($17.546b)Binance staked ETH ($6.928b)Rocket Pool ($985.51m)StakeWise V2 ($697.63m)Liquid Collective ($595.95m)mETH Protocol ($470.92m)Coinbase Wrapped Staked ETH ($344.6m)Stader ($198.38m)stake.link liquid ($58.74m)Origin Ether ($49.9m)

Frequently Asked Questions

What is Frax Ether?

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.

What is Frax Ether's TVL?

Frax Ether currently has $94.63m in total value locked. TVL has increased 4.7% over the past 30 days.

What chains does Frax Ether operate on?

Frax Ether operates on 2 chains: Fraxtal and Ethereum. 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 $232,337 in fees. Of that, $23,235 was protocol revenue. Based on the trailing year, the annualized rate is $6.2m in fees and $620,473 in revenue.

How many yield pools does Frax Ether have?

DefiLlama tracks 1 Frax Ether yield pool with an average APY of 2.7%.