About Staked Frax USD
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.
Trading Insights
Searched
1
Market Stats
Market Cap
£19.94M
-2.76%
FDV
£19.94M
Circ. Supply
23M SFRXUSD
Max Supply
Not enough data
Total Supply
23M SFRXUSD
Diluted Valuation
£22.23M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£304.73K
-51.58%
Volume (7D)
£3.03M
Volume (30D)
£8.93M
All time high
£0.86
Price Change (1Y)
3.1%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Staked Frax USD has increased by 0.04% in the last hour and increased by 0.07% in the past 24 hours. Staked Frax USD’s price has also risen by 0.23% in the past week. The current price is £0.85 per SFRXUSD with a 24-hour trading volume of £304.73K. Currently, Staked Frax USD is valued at 0.86% below its all time high of £0.86. This all-time high was the highest price paid for Staked Frax USD since its launch.
The current circulating supply of Staked Frax USD is 23,383,424.92 SFRXUSD which means that Staked Frax USD has as total market cap of £19,944,084.05.
Market details
SFRXUSD vs markets
↘ 38.34%
SFRXUSD vs BTC
↘ 40.77%
SFRXUSD vs ETH
↘ 10.39%
Tags
defi
stablecoin
staking
usd-stablecoin
+2
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xcf62F905562626CfcDD2261162a51fd02Fc9c5b6 | |
Sei | 0x5bff88ca1442c2496f7e475e9e7786383bc070c0 | |
Arbitrum | 0x5Bff88cA1442c2496f7E475E9e7786383Bc070c0 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.85 | ↗ 0.07% |
1 Day | £0.85 | ↗ 0.07% |
1 Week | £0.85 | ↗ 0.23% |
1 Month | £0.83 | ↗ 0.94% |
1 Year | £0.88 | ↗ 3.10% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
We update our Staked Frax USD to GBP currency in real-time. Get the live price of Staked Frax USD on Coinbase.
The current market cap of Staked Frax USD is £19.94M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Staked Frax USD is £0.86. This all-time high is highest price paid for Staked Frax USD since it was launched.
Over the last 24 hours, the trading volume of Staked Frax USD is £304.73K.
Assets that have a similar market cap to Staked Frax USD include Wrapped Sei, Aster asUSDF, Chain-key Bitcoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Staked Frax USD is 23 million.
Staked Frax USD calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.