Beefy · Ethereum

FRXUSD-MSUSD (Convex)

Overview

The Beefy FRXUSD-MSUSD pool on Ethereum is a multi-asset liquidity position within the Convex protocol, part of the broader yield aggregator ecosystem. This pool aggregates rewards from various DeFi protocols to generate yield for users holding the FRXUSD-MSUSD token.

Total APY stands at 12.98%, with no separate base or reward components noted. Over the past week, this rate has declined by 2.46%, while over the last month it has increased by 0.52%. This current yield is below the 30-day mean of 13.58%.

TVL in the pool amounts to $1.13M with no reported change over the past week. Given its multi-asset nature, users are exposed to impermanent loss risk. The liquidity depth supports a range of trading volumes and price fluctuations, enhancing the pool's utility for yield farming strategies.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 10.42%; 30-day mean is 12.98%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 51% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.