Latest SFRXUSD price for Staked Frax USD is ₹92.93 INR today with a marketcap of ₹3.27 B. Check SFRXUSD / INR price and market cap in Indian Rupees today. SFRXUSD INR price is 0.11% up in last 24 hours.
Staked Frax USD (SFRXUSD)- Live Price ₹92.93
-
24h %
0.11%
- Market Cap ₹3.27 B
- Volume ₹2.21 M
- ATH ₹98.63
- ATH(% Change) -5.56%
- High 24H ₹93.74
- Low 24H ₹92.93
- Available Supply 35.13 M SFRXUSD
- Rank 778
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More Info About Coin
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.
Historical Data
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