What is STAKED FRAX ETHER(SFRXETH)?

Basic information about SFRXETH

Coin name:

Staked Frax Ether

Coin symbol:

Coin introduction:

Staked Frax Ether is the vault token that accrues all proof of stake rewards of ETH validators run by Frax Finance protocol. sfrxETH is ERC4626 compliant and a non-rebasing, interest bearing token.

Current Price:

$2.68KMore coin details

All-time high:

$7.55K

All-time low:

$1.15K

SFRXETH Supply Info and Tokenomics

Circulating supply:

42,438

Total supply:

42,438

Max supply:

Market cap:

$113.85M

Fully diluted valuation:

$113.85M

What is the outlook and future value of SFRXETH?

The current market cap of SFRXETH is $113.85M, ranked 396 in the market, showing that the market already recognizes the value of SFRXETH. When a bull market arrives, the market cap of SFRXETH may continue to grow.

Moreover, if SFRXETH can play a greater role in real-world applications—such as if the Monero developers can fully empower SFRXETH and establish partnerships with more business partners to expand its user base—then the long-term value of SFRXETH will be further enhanced.

What is the price of SFRXETH in 2027?

According to the historical price performance prediction model of SFRXETH, the price of SFRXETH is expected to reach $2.82K at 2027.

Note: As with any crypto investment, investors should closely monitor SFRXETH’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get SFRXETH?

Purchasing SFRXETH with cash is not the only way to obtain SFRXETH. If you have enough time, you can get SFRXETH for free.

Learn how to get Hot rewards for free with SFRXETH.

Earn free SFRXETH by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get SFRXETH airdrops for free.

All crypto airdrops and rewards can be exchanged for SFRXETH through LBank spot trading.

Buy SFRXETH starting from $1

What is SFRXETH used for and how to use it?

The use cases for SFRXETH may grow with the development of the crypto market and project progress. Currently, you can use SFRXETH to:

Arbitrage trading of SFRXETH

SFRXETH is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many SFRXETH trading pairs to suit your needs.

Earn yield with SFRXETH

You can also lend out SFRXETH or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your SFRXETH gains.

Send or pay with SFRXETH

If you want to pay someone with SFRXETH, you can easily and quickly send SFRXETH to them using their receiving address.

You can also visit the official website of Staked Frax Ether to learn more use cases of SFRXETH, such as whether the Staked Frax Ether project supports community/eco apps or buying physical or virtual goods with SFRXETH.