Frax · Ethereum

FPI-FRAX

Overview

Frax FPI-FRAX on Ethereum is an algorithmic stablecoin pool within the Frax protocol, where FPI and FRAX serve complementary asset roles in maintaining the protocol's stability mechanism.

The pool currently offers zero base APY with no active reward incentives, yielding a total APY of 0.0 percent. Trend data shows no change over both the 7-day and 30-day periods, with the 30-day mean APY also at 0.0 percent, indicating sustained zero yield during this observation window.

Total value locked stands at approximately 98.16 million dollars with no reported 7-day TVL change. The primary risk consideration for this stablecoin pool is depeg risk, as the stability of both assets depends on the underlying mechanisms maintaining their intended price relationship.

Generated 2026-05-18 from the structured pool data on this page. No external claims, no hand-edited text. See methodology.

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

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

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