Frax Ether

Total Value Locked$247.08m
Chain Breakdown
Ethereum$246.94m
Fraxtal$139,862
Market Cap$287.7m
$2,395
Fully Diluted Valuation$287.7m
$1.32m
$6.12m
$612,367

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