Frax · Ethereum

SYN-FRAX

Overview

The Frax SYN-FRAX pool on Ethereum is a multi-asset liquidity position that generates yield through the protocol's algorithmic stablecoin mechanism. Users deposit SYN-FRAX tokens to earn variable interest from trading fees and other revenue streams within the ecosystem.

Total APY stands at 0.68%, with no additional reward component. The 7-day trend shows an increase of 0.54% while the 30-day trend is up by 0.14%. This current rate exceeds the 30-day mean of 0.28%.

TVL in the pool totals $229,646 with no reported change over the past week. The primary risk exposure here is impermanent loss due to the multi-asset nature of the liquidity position. Users should consider the volatility and correlation between SYN-FRAX and other assets within the pool for a full assessment of potential risks.

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 1.03%; 30-day mean is 0.41%. 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.