AprScope

Liquid Staking

Frax Ether

Total TVL

$98.90M

Active pools

1

Chains supported

2

Official site: https://frax.com/ ↗

Overview

Frax Ether is a liquid staking protocol that allows users to stake ETH and earn rewards in the form of frxETH tokens, which represent their share of the staked assets and associated block rewards. The protocol generates income from validator fees and distributes it among token holders.

The protocol holds $120M in TVL across 1 active pool on 1 chain; Ethereum dominates at 99%, with Fraxtal contributing a minor 0.1%. This indicates a high concentration risk on the Ethereum mainnet, though the inclusion of Fraxtal suggests some diversification efforts.

No public audit references are available for Frax Ether. Token economics data is unavailable, making it difficult to assess the relationship between market capitalization and total value locked. The protocol has an official website.

Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.

TVL by chain

Chain TVL on chain
Ethereum $98.76M
Fraxtal $135.0K

TVL history

TVL over time

Top pools

Chain Symbol TVL APY
Ethereum SFRXETH $69.45M 2.67%

FAQ

What is Frax Ether?

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.

How much TVL does Frax Ether have?

Frax Ether has $98.90M in total value locked across all supported chains as of the last refresh.

How many active pools does Frax Ether have?

We currently track 1 active pools for Frax Ether.

Is Frax Ether audited?

Audit information is not available in our data. Always check the protocol's official documentation before depositing.

See our methodology for how this data is collected.