Logo of Frax Ether

Frax Ether(FRAX)

Total Value Locked$124.72m

TVL by Chain

Ethereum$124.59m

Fraxtal$134,344

Key Metrics

Fees 30d$303,480
Fees 30d by chain

Ethereum$303,480

Fees 7d$59,917

Ethereum$59,917

Fees 24h$0

Ethereum$0

Cumulative Fees$46.19m

Ethereum$46.19m

Revenue 30d$30,348
Revenue 30d by chain

Ethereum$30,348

Revenue 7d$5,992

Ethereum$5,992

Revenue 24h$0

Ethereum$0

Cumulative Revenue$4.62m

Ethereum$4.62m

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

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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 APY2.71%

Competitors

Lido ($23.674b)Binance staked ETH ($9.122b)ether.fi Stake ($4.67b)Rocket Pool ($1.276b)StakeWise V3 ($928.54m)Liquid Collective ($672.33m)mETH Protocol ($575.04m)Coinbase Wrapped Staked ETH ($477.46m)Stader ($240.89m)stake.link liquid ($91.67m)

Frequently asked questions

What is Frax Ether's TVL?

Frax Ether currently has $124.72m in total value locked. TVL has increased 2.4% 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 $303,480 in fees. Of that, $30,348 was protocol revenue. Based on the trailing year, the annualized rate is $4.54m in fees and $454,487 in revenue.

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

Among Liquid Staking protocols tracked by DefiLlama, Frax Ether ranks #29 by TVL. The category holds $55.623b across 265 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 2.7%.