Frax Ether

Total Value Locked$254.14m
Chain Breakdown
Ethereum$254m
Fraxtal$139,506
Market Cap$297.26m
$2,461
Fully Diluted Valuation$297.26m
$244,662
$7.06m
$706,014
$0

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.

Category:Liquid Staking

Token Information

Methodology

TVL: TVL represents all the on-chain assets backing frxETH

Fees: Staking rewards

Revenue: Percentage of user rewards paid to protocol