Frax Ether

Total Value Locked$257.45m
Chain Breakdown
Ethereum$257.3m
Fraxtal$146,433
Market Cap$301.55m
$2,512
Fully Diluted Valuation$301.55m
$1.12m
$9.39m
$938,827
$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.

Category:Liquid Staking

Token Information

Methodology

TVL: TVL represents all the on-chain assets backing frxETH

Fees: Staking rewards

Revenue: Percentage of user rewards paid to protocol