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Frax Ether Overview
24h High
$2,152.73
24h Low
$2,142.19
24h Change
+0.29%
7d Change
+2.82%
30d Change
+10.88%
Volume 24h
$4.73K
Circulating Supply
240.19M FRXETH
Frax Ether News
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About Frax Ether
Frax Ether (frxETH) is a liquid staking token developed by Frax Finance. It represents ETH 1:1 and can be converted into sfrxETH to earn validator rewards. frxETH also serves as the gas token on Fraxtal, Frax’s Layer-2, while its yield structure supports both stakers and the Frax treasury.
- ETH Exposure: Provides liquid exposure to ETH while maintaining flexibility within DeFi.
- Staking Yield: Holders can convert frxETH to sfrxETH to earn validator yield, with about 90% of staking rewards distributed to sfrxETH holders.
- Gas Payments: Serves as the transaction fee token on the Fraxtal Layer-2 network.
- Protocol Sustainability: A share of staking yield (~10%) supports the Frax treasury and a slashing insurance fund.
Frax Ether is developed by Frax Finance, a protocol known for its algorithmic stablecoin Frax (FRAX) and decentralized financial infrastructure. The Frax team, led by founder Sam Kazemian, launched frxETH as part of its broader ecosystem expansion into staking and L2 infrastructure.
Frax Ether Markets
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Frax Ether Platforms
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Frax Ether Market Data
The live Frax Ether price today is $2,148.48 USD with a 24-hour trading volume of $4,734.91 USD. We update our FRXETH to USD price in real-time. Frax Ether is up 0.29% in the last 24 hours.
The current market cap is $516,042,157,910.42 USD, ranking #2946 by market capitalization. The circulating supply is 240,189,375 FRXETH.