What Staked Frax Ether is
Staked Frax Ether (SFRXETH) is a liquid-staking / restaking derivative token, currently ranked 175th by market capitalization among the assets we track. Staked Frax Ether lets stakers have it both ways — yield from securing a network, plus liquidity to use the position elsewhere in DeFi. The token accrues value as the staking rewards beneath it compound.
Staked Frax Ether (SFRXETH) is a derivative token representing staked Ether in the Frax ecosystem, allowing users to earn rewards while benefiting from Frax's stablecoin mechanics. It combines the advantages of staking liquidity and stablecoin functionality.
How the yield and peg work
Staked Frax Ether tracks the value of the staked asset plus rewards, so it should trade at or slightly above the underlying. A discount usually signals withdrawal-queue stress or smart-contract risk rather than a broken model.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Moonbeam Ecosystem, and Optimism Ecosystem.
Where Staked Frax Ether sits in the market
Trading around $2,084, Staked Frax Ether carries a market capitalization of $178.33M. Around $1.15K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.00% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Staked Frax Ether carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. The token is roughly -66% under its record of $6,165 — a meaningful but not catastrophic drawdown.
What the price history shows
Across timeframes, SFRXETH shows 24-hour +1.26%, 7-day +2.54%.
Volatility profile
Recent action puts Staked Frax Ether in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a liquid-staking token like Staked Frax Ether
A grounded read on SFRXETH comes down to three questions:
- Peg to underlying — whether SFRXETH trades close to the value of the stake it represents.
- Provider risk — the smart-contract and validator risk of the staking protocol behind SFRXETH.
- Yield and unlocks — the staking yield and how withdrawal queues behave under stress.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
