Frax Staked frxUSD SFRXUSD

Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.

Frax Staked frxUSD price analysis

At the time of writing, Frax Staked frxUSD (SFRXUSD) trades at $1.20, with a 24-hour trading volume of $1.96M and a total market capitalization of $43.81M. The asset is currently ranked #546 among all tracked cryptocurrencies by market cap.

Over the last 24 hours, the SFRXUSD price has rose +0.05%. On the seven-day chart, Frax Staked frxUSD has retraced +0.04%, showing mixed signals across the short and medium term. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.

Frax Staked frxUSD's all-time high of $1.26 was set on September 12, 2025. The current market price is +5.17% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.

How to buy Frax Staked frxUSD

Buying Frax Staked frxUSD (SFRXUSD) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.

1. Choose a reputable exchange. Pick a platform that lists SFRXUSD with deep liquidity, transparent fees, and strong security practices. Our top-rated exchanges guide compares the leading venues side-by-side.
2. Create and verify your account.Complete the exchange's KYC process — most platforms require a government-issued ID and a short identity check. Verification is usually a one-time step that takes just a few minutes.
3. Deposit funds. Fund your account with fiat currency via bank transfer, card, or a stablecoin like USDT or USDC. Stablecoin deposits typically offer the fastest settlement and lowest fees.