Frax · Ethereum

SFRXUSD

Overview

The Frax SFRXUSD pool on Ethereum is a single-asset stablecoin position where suppliers earn variable interest on deposits of the algorithmic stablecoin SFRXUSD. The protocol generates yield by arbitraging between different forms of USD-denominated assets. Total APY stands at 4.05%, with no additional reward component. Both the 7-day and 30-day trends show an increase of 0.15%, placing the current rate above the 30-day mean of 3.93%. TVL is $32M, with no reported change over the past week; primary exposure lies in depeg risk on the underlying stablecoin. The pool benefits from deep liquidity, supporting robust arbitrage opportunities and minimizing slippage for users.

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 3.85%; 30-day mean is 3.85%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 68% confidence based on historical patterns.

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