Frax Ether

Total Value Locked$252.31m
Chain Breakdown
Ethereum$252.17m
Fraxtal$137,437
Market Cap$295.21m
$2,448
Fully Diluted Valuation$295.21m
$259,495
$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