Frax Staked frxUSD SFRXUSD

Frax Staked frxUSD (SFRXUSD) is a digital asset designed to make managing and transferring value simple and seamless. Securely store, send, receive, and manage your SFRXUSD with Hero Wallet while maintaining full control over your digital assets.

Market Overview

Price$1.21 +0.00%

Market Cap$38,233,239

24h Volume$43,240

Circulating Supply$31,490,947.957

Hero Wallet Utility

Securely manage your crypto in one place.
Access assets across multiple blockchains.
Explore tokens, dApps, and Web3 services.

Stability History

Supported Networks

About Frax Staked frxUSD

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.

Why Hero Wallet Is a Smarter
Way to Manage Crypto

Hero Wallet brings security, control, and multi chain access together in one seamless experience, giving you everything you need to manage your crypto and explore the growing world of Web3 with confidence.

Full Control

Stay in complete control of your digital assets and manage your crypto on your own terms.

Secure by Design

Built with security at its core to help protect your wallet and digital assets.

Multi Chain Access

Access and manage assets across multiple blockchain networks from one place.

Built for Web3

Explore tokens, decentralized applications, and the growing world of Web3 with ease.

Frax Staked frxUSD wallet
FAQ

Everything you need to know about using Frax Staked frxUSD on Hero Wallet.

Frax Staked frxUSD is a digital asset that can be used to store, transfer, and manage value across its supported blockchain network.

You can securely store Frax Staked frxUSD in Hero Wallet while maintaining full control over your digital assets.

Yes. Hero Wallet allows you to securely send and receive Frax Staked frxUSD and manage your transactions from one convenient wallet.

Frax Staked frxUSD may be available across one or multiple blockchain networks. Always make sure you select the correct network when sending or receiving Frax Staked frxUSD.

To send Frax Staked frxUSD, select Frax Staked frxUSD in Hero Wallet, enter the recipient's wallet address and amount, review the transaction details, and confirm the transfer.

To receive Frax Staked frxUSD, select Frax Staked frxUSD in Hero Wallet, choose the appropriate network, and copy your wallet address to share with the sender.

Hero Wallet provides a simple and seamless way to store, send, receive, and manage Frax Staked frxUSD while giving you full control over your digital assets.