Sfrax token
Overview
sFRAX (Staked FRAX) is a yield-bearing token from Frax Finance representing FRAX deposited into the protocol's staking contract. It accrues value from Frax's protocol revenues, allowing holders to earn yield while maintaining exposure to the FRAX stablecoin.
Within the DeFi Intel graph, Sfrax connects to 7 tracked entities, most strongly to Ethereum, Frax, Frax Finance.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 7 of 7 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 90% |
backed_by | Frax | 90% |
issued_by | Frax Finance | 90% |
issued_by | Frax Finance | 90% |
issued_by | Frax Finance | 90% |
deployed_on | Ethereum | 85% |
deployed_on | Fraxtal | 85% |
Frequently asked questions
What is sFRAX?
sFRAX (Staked FRAX) is a yield-bearing token from Frax Finance representing FRAX deposited into the protocol's staking contract.
What backs sFRAX?
sFRAX is backed by FRAX, the stablecoin issued by Frax Finance.
What chains is sFRAX deployed on?
sFRAX is deployed on Ethereum and Fraxtal.