What is Staked FRAX (SFRAX)?

Staked FRAX token (sFRAX) this cutting-edge token is part of the Frax Finance ecosystem, which has created a robust platform for users to stake their FRAX tokens and gain access to a wide range of DeFi products and utilities. The Staked FRAX token (sFRAX) is a liquid staking derivative that allows users to lock up their FRAX tokens and earn rewards in the form of staking yields. This innovative approach to staking enables users to participate in the DeFi ecosystem without having to sacrifice the liquidity of their assets. By staking their FRAX tokens, users can earn a share of the protocol's revenue and gain access to a variety of utilities and governance rights within the Frax Finance ecosystem.

Staked FRAX (SFRAX) price statistics

As of February 5, 2025, the current price of the SFRAX token on DEX markets is $1.1, with a total DEX liquidity TVL of $457,800.94. The SFRAX token trades on 3 blockchains and 14 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 6 trades (TXNS) with a trading volume of $2,537.55.

Frequently Asked Questions

What is the DEX daily trading volume of Staked FRAX (SFRAX)?

The total 24-hours trading volume on all DEX exchanges for SFRAX token is $2,537.55.

What is the DEX TVL (Total Value Locked) of Staked FRAX (SFRAX)?

The total DEX TVL of Staked FRAX (SFRAX) is $461,033.51 in the last 24 hours.

What blockchain is the token SFRAX launched on?

The Staked FRAX SFRAX token is launched on the Arbitrum, BNB Chain, and Ethereum.

What is the exchange rate of 1 USD to SFRAX?

DEX exchange rate of 1 SFRAX to USD is $1.1 as of 8:50 AM UTC.

How much SFRAX can I purchase with 1 USD?

Based on DEX current exchange rate, you can buy 0.9032272146087019 SFRAX for 1 USD.