Staked Frax USD current market price is $1.13 with a 24 hour trading volume of $486.07K. The total available supply of Staked Frax USD is 29.51M SFRXUSD. It has secured Rank 878 in the cryptocurrency market with a marketcap of $33.48M. The SFRXUSD price is 0.01% down in the last one hour.
The high price of the Staked Frax USD is $1.14 and low price is $1.13 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.
878
$1.13
$33.48M 1.54%
$33.48M
$486.07K
29.51M SFRXUSD
29.51M SFRXUSD
(Not Available)
$1.14
$1.13
$1.21 5.9%
18 Mar 2025
$1.06 7.39%
28 Feb 2025
Want to convert more cryptocurrencies?
0.01%
0.01%
0.16%
0.27%
0.41%
1.11%
0%
0%
No historical data available for .
Compare live prices of Staked Frax USD on top exchanges.
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact.sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
The Texas Senate has approved the conference committee report for Senate Bill 21 by a decisive 24-7 margin. This move has cleared the final legislative hurdle for the state’s proposed Bitcoin reserve fund. With both chambers adopting the measure, the…...
Read MoreEthereum price pulled back in the past three days as traders adjust their positions for June, its historically worst month. Ethereum (ETH) has declined for three consecutive days, hitting a low of $2,500. That’s a 9.8% drop from its monthly…...
Read MoreIn a pivotal shift for U.S. crypto policy, the Securities and Exchange Commission clarified on May 29 that most staking activities on proof-of-stake (PoS) blockchains do not constitute securities transactions—marking a major departure from the agency’s previously aggressive stance under…...
Read More