Frax · Avalanche

WAVAX-FRAX

Overview

The Frax WAVAX-FRAX pool on Avalanche is a liquidity position for the algorithmic stablecoin pair WAVAX-FRAX, which facilitates trading and provides yield through fees generated from swaps executed in the pool. Total APY stands at 1.24%, with no additional reward component. The 30-day trend shows a decline of -1.91%, while the 7-day trend is down by -0.34%. This places the current rate below the 30-day mean of 1.80%. TVL for this pool is $220,906 with no reported change over the past week. Primary exposure includes impermanent loss risk due to the multi-asset nature of the liquidity pair. The liquidity depth in this pool supports a moderate level of trading activity and fee generation.

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.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 4.79%; 30-day mean is 4.10%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 66% confidence based on historical patterns.

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