Logo of Frax EtherFrax Ether(FRAX)
Total Value Locked$121.81m

TVL by Chain

Ethereum$121.69m

Fraxtal$125,932.41

Key Metrics

Fees (Annualized)$5.87m
Fees 30d$238,170

Ethereum$238,170

Fees 7d$53,239

Ethereum$53,239

Fees 24h$0

Ethereum$0

Cumulative Fees$45.7m

Ethereum$45.7m

Revenue (Annualized)$587,439
Revenue 30d$23,817

Ethereum$23,817

Revenue 7d$5,324

Ethereum$5,324

Revenue 24h$0

Ethereum$0

Cumulative Revenue$4.57m

Ethereum$4.57m

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
WebsiteTwitter

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 APY2.55%

Competitors

Lido ($22.953b)Binance staked ETH ($8.911b)ether.fi Stake ($4.234b)Rocket Pool ($1.262b)StakeWise V3 ($894.81m)Liquid Collective ($766.24m)mETH Protocol ($568.16m)Coinbase Wrapped Staked ETH ($458.74m)Stader ($249.86m)stake.link liquid ($84.09m)

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 $121.81m in total value locked. TVL has increased 19.2% 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 $238,170 in fees. Of that, $23,817 was protocol revenue. Based on the trailing year, the annualized rate is $5.87m in fees and $587,439 in revenue.

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

Among Liquid Staking protocols tracked by DefiLlama, Frax Ether ranks #24 by TVL. The category holds $49.011b across 269 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%.