Staked FRAX
SFRAX
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SFRAX (Staked FRAX) is an ERC-4626 staking vault token within the Frax Finance ecosystem designed to pass protocol yield denominated in FRAX to depositors. The protocol benefits from strong security and governance fundamentals, including top-tier audits by Trail of Bits and Frax Security Cartel, no documented security incidents or exploits, and experienced leadership under Sam Kazemian and Travis Moore managing over $100M in institutional backing. Tokenomics are backed by RWA strategies targeted to the Federal Reserve IORB rate. However, sFRAX is currently in a maintenance-mode legacy state, as development focus and ecosystem liquidity have shifted toward successor products such as sfrxUSD. With minimal observable secondary trading volume ($0 reported on major aggregators) and a small holder base of roughly 300 users, the asset carries deprecation risk despite retaining valid contract redeemability and backing.
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Tokenomics
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Security & Audits
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About Staked FRAX (SFRAX)
Staked FRAX (SFRAX)
Staked FRAX (SFRAX) is an ERC-20 token representing staked FRAX stablecoins within the Frax Finance ecosystem. It enables holders to earn protocol fees and staking rewards while maintaining the 1:1 FRAX peg.
Key Features
- Token Name: Staked FRAX
- Symbol: SFRAX
- Standard: ERC-20
- Underlying Asset: FRAX stablecoin
- Protocol: Frax Finance staking
Benefits
- Yield Generation: Accrue staking rewards and protocol fees automatically
- Liquidity: Tradable on major DeFi exchanges and liquidity pools
- Collateralized: Each SFRAX is backed 1:1 by FRAX reserves
- Audited Security: Smart contracts audited for transparency and safety
Use Cases
- DeFi Staking: Stake FRAX to receive SFRAX and earn ongoing rewards
- Liquidity Mining: Supply SFRAX in liquidity pools to boost network liquidity
- Collateral: Use SFRAX as collateral in compatible DeFi platforms
Technical Details
- Contract Type: ERC-20
- Blockchain: Ethereum & compatible EVM networks
Discover Staked FRAX (SFRAX) for stablecoin staking, DeFi yield farming, and secure liquidity in the Frax Finance protocol.
