What is Staked Frax USD?
Staked Frax USD (SFRXUSD) is an altcoin currently ranked 467th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.
Market position
At the current price of $1.20, Staked Frax USD carries a market capitalization of $41.78M. Daily trading volume across exchanges sits at roughly $188.52K. That works out to a 24-hour turnover of about 0.45% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.
Price action across timeframes
Over the past 24 hours, Staked Frax USD has moved ++0.04%; over the past week, Staked Frax USD has moved ++0.04%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.
Cycle position
Staked Frax USD is currently trading near all-time high (all-time high of $1.22, -2.1% from peak). Typically the late-cycle distribution phase, where speculators look for euphoric tops.
Supply & dilution
The circulating supply stands at 34,953,788 SFRXUSD. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.
Volatility profile
Recent price action puts Staked Frax USD in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate Staked Frax USD
A balanced read on SFRXUSD typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is SFRXUSD performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Staked Frax USD (SFRXUSD) is a stablecoin that represents staked Frax USD, providing liquidity and rewards while maintaining dollar-pegged value. It is part of the Frax Finance ecosystem, enhancing the utility of its stablecoin. Source: CoinPaprika.com