Staked Frax USD Price (SFRXUSD)

Price of Staked Frax USD (SFRXUSD) Today

The live price of Staked Frax USD (SFRXUSD) today is 1.13 USD. It has a current market cap of $ 31.10M USD. SFRXUSD to USD price is updated in real-time.
Key Staked Frax USD Market Performance:
- 24-hour trading volume is -- USD
- Staked Frax USD price change within the day is +0.10%
- It has a circulating supply of 27.51M USD

Get real-time price updates of the SFRXUSD to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate SFRXUSD price information.

Staked Frax USD (SFRXUSD) Price Performance in USD

During today, the price change of Staked Frax USD to USD was $ +0.00109832.
In the past 30 days, the price change of Staked Frax USD to USD was $ +0.0074242130.
In the past 60 days, the price change of Staked Frax USD to USD was $ +0.0122320240.
In the past 90 days, the price change of Staked Frax USD to USD was $ 0.

Staked Frax USD (SFRXUSD) Price Analysis

Discover the latest price analysis of Staked Frax USD: 24h Low & High, ATH and daily changes:

Staked Frax USD (SFRXUSD) Market Information

Dive into the market statistics: market cap, 24h volume, and supply:

What is Staked Frax USD (SFRXUSD)

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.

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Disclaimer

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