Frax Staked Ether
SFRXETHID: 23177Rank #7895Updated 8/19/2026, 6:40:00 AM
24h Low
$2,219.93
24h High
$2,226.47
Market Cap
$197.96M
24h Volume
N/A
Fully Diluted Valuation
$197.96M
Market Dominance
N/A
7d Volume
N/A
Volume / Market Cap
N/A
SFRXETH Price Chart
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Technical Analysis
Price Performance
1h
0.00%
24h
+0.22%
7d
+1.47%
30d
+3.64%
60d
+11.23%
90d
-9.30%
1y
-54.45%
YTD
-34.57%
All-Time High
$5,476.19
All-Time Low
$1,105.31
Supply
SFRXETH Converter
USD value
$2,226.47
About Frax Staked Ether
sfrxETH is a Liquid Staking Derivative stablecoin by Frax Finance.
sfrxETH is a ERC-4626 vault designed to accrue the staking yield of the Frax ETH validators. At any time, frxETH can be exchanged for sfrxETH by depositing it into the sfrxETH vault, which allows users to earn staking yield on their frxETH. Over time, as validators accrue staking yield, an equivalent amount of frxETH is minted and added to the vault, allowing users to redeem their sfrxETH for a greater amount of frxETH than they deposited.
The exhange rate of frxETH per sfrxETH increases over time as staking rewards are added to the vault. By holding sfrxETH you hold a % claim on an increasing amount of the vault's frxETH, splitting staking rewards up among sfrxETH holders proportional to their share of the total sfrxETH. This is similar to other autocompounding tokens like Aave's aUSDC and Compound's cUSDC.