Frax · Ethereum

IQ-FRAX

Overview

The Frax IQ-FRAX pool on Ethereum is a multi-asset liquidity position where users earn yield by providing IQ-FRAX tokens, which are algorithmic stablecoins. The protocol generates returns through trading fees and other revenue streams associated with the pooled assets.

Total APY stands at 1.29%, with no additional reward component. Over the past week, this rate has decreased by 0.46% and over the last month it has dropped by nearly half a percentage point, placing the current yield below the 30-day mean of 1.71%.

TVL in the pool is $2.22M with no reported change over the past week. The primary risk here involves impermanent loss due to the multi-asset nature of IQ-FRAX. This liquidity pool benefits from moderate trading volume, which helps maintain a stable fee income stream for participants.

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 1.43%; 30-day mean is 2.45%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 93% confidence based on historical patterns.

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