Frax Ether
FRXETH
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
Frax Ether (FRXETH) is a prominent liquid staking derivative with a strong market position, underpinned by an innovative dual-token model, deep DeFi integration, and a credible team. Its security posture is robust, backed by extensive audits. However, these significant strengths are counterbalanced by a critical weakness: its public development activity is alarmingly low and lacks transparency. This opacity, coupled with notable centralization risks from administrative keys and token concentration, creates a substantial reliance on the core team's continued effective and honest management. While the project is a leader in its space, the combination of opaque development and centralization warrants caution.
Detailed Analysis by Category
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Frax Ether (FRXETH)
Frax Ether (FRXETH)
Symbol: FRXETH
Network: Ethereum (ERC-20)
Protocol: Frax Protocol
Overview
Frax Ether (FRXETH) is a liquid staking token backed by the Frax Protocol. Each FRXETH represents a staked Ether (ETH) position and grants holders a pro-rata share of Ethereum staking rewards. As an ERC-20 asset, FRXETH is freely transferable and integrates seamlessly with DeFi platforms.
Key Features
- Liquid Staking: Instant transfers and redemptions without the typical ETH lock-up period.
- Yield Accrual: Automatically earns Ethereum staking rewards, distributed in real time.
- Decentralized Collateral: Secured by Frax’s on-chain collateral mechanisms and overcollateralization model.
- DeFi Interoperability: Compatible with wallets, DEXs, lending protocols, and yield aggregators across the Ethereum ecosystem.
Use Cases
- Passive Income: Earn ETH staking rewards without managing validators or lock-ups.
- DeFi Collateral: Utilize FRXETH as collateral for loans, margin trades, and yield strategies.
- Liquidity & Trading: Swap, pool, or stake FRXETH on decentralized exchanges and AMMs for additional yield.
Technical Details
- Token Standard: ERC-20
- Staking Mechanism: Bonded ETH collateral managed by Frax’s decentralized staking pools
Resources
- Official Website: https://frax.finance
- Documentation: https://docs.frax.finance
- Community & Support: https://discord.com/invite/frax
This page is for informational purposes only.
Similar Rated Tokens
More for DeFi Investors
- Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
- AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
- Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
- On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
- US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
- Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.