Staked Frax USD
Peers · Yield Stablecoins
AVG 5.60% · BENCH 2.00%| TICKER | ISSUER | YIELD | vs SAV | RISK | MIN |
|---|---|---|---|---|---|
| sUSDf | Falcon Finance | Variable (~6-9%) | +700bp | MEDIUM-HIGH | None |
| USR | Resolv Labs | ~7-9% | +700bp | MEDIUM-HIGH | None |
| lvlUSD | Level (Peregrine) | ~5-8% | +600bp | MEDIUM-HIGH | None |
| sUSDai | usd.ai | ~7.7% | +570bp | HIGH | None |
| USDM | Mountain Protocol | ~5% | +300bp | LOW | None |
| USDL | Paxos International | ~5% | +300bp | LOW | None |
| sUSDe | Ethena Labs | ~4.6% | +260bp | MEDIUM-HIGH | None |
| sfrxUSD ◂ | Frax Finance | ~4.1% | +210bp | LOW-MEDIUM | None |
| YLDS | Figure Markets | ~4% | +200bp | LOW-MEDIUM | None |
| USDN | Noble | ~4% | +200bp | LOW-MEDIUM | None |
| sUSDS | Sky (MakerDAO) | ~3.52% | +152bp | LOW | None |
| USD0++ | Usual | ~3.31% | +131bp | MEDIUM | None |
Description
ISSUER DOCSERC-4626 savings wrapper for Frax's RWA-backed frxUSD; accrues a dynamic benchmark yield with no lockup.
Buying · Q&A
3 QUESTIONSHow do I buy sfrxUSD?+
Stake frxUSD at frax.com or buy sfrxUSD on a DEX. The token runs on Ethereum / Fraxtal. Minimum: None.
Where can I buy sfrxUSD?+
sfrxUSD trades on 5 exchanges and DEXs. By 24-hour volume the largest are Curve (Ethereum) (sfrxUSD/FRXUSD), Curve (Ethereum) (REUSD/?), Curve (Ethereum) (sfrxUSD/SCRVUSD), Curve (Ethereum) (DUSD/?), Balancer V2 (Fraxtal) (SFRXETH/?) (CoinGecko, 2026-10-13). Check that the venue serves your country before you sign up.
Do I need KYC to buy sfrxUSD?+
Not on the secondary market: sfrxUSD can be bought on a DEX without identity verification.
Where to trade
5 VENUES · 24H VOL| VENUE | PAIR | VOL | SPRD |
|---|---|---|---|
| DEXCurve (Ethereum) ↗ | sfrxUSD/FRXUSD | $13K | 0.60% |
| DEXCurve (Ethereum) ↗ | REUSD/? | $12K | 0.60% |
| DEXCurve (Ethereum) ↗ | sfrxUSD/SCRVUSD | $4K | 0.60% |
| DEXCurve (Ethereum) ↗ | DUSD/? | $336 | 0.60% |
| DEXBalancer V2 (Fraxtal) ↗ | SFRXETH/? | $249 | 0.67% |
CoinGecko tickers · 2026-10-13 · not a recommendation of any venue — check access, fees and whether the venue serves your country.
Issuer · primary market
SUBSCRIBE / REDEEMStake frxUSD at frax.com or buy sfrxUSD on a DEX
Who may buy is set by the issuer — check their terms. Not investment advice.
Key facts
VERIFIED 2026-08-25- Yield / return
- ~4.1% (~4-5%)
- Risk
- Low-Medium
- Minimum
- None
- Liquidity
- Instant redemption, no lockup
- Custody
- Self-custody
- KYC
- None (on-chain)
- Verified
- 2026-08-25
Details
- Issuer
- Frax Finance
- Type
- Yield Stablecoins
- Category
- Yield Stablecoins
- Yield source
- Carry trade + AMOs + T-bill rate (partly BUIDL-backed)
- Network
- Ethereum / Fraxtal
- Jurisdiction
- Decentralized
- AUM
- $30M