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Frax Ether (frxETH)

Frax Ether (frxETH) is a liquid staking derivative issued by the Frax Finance protocol. It is an asset tokenized on the Ethereum blockchain and is backed by at least 1 ETH in validator nodes at all times. Frax Ether provides users with an opportunity to stake their Ethereum and participate in the validation process while also maintaining liquidity.

About Frax Finance

Frax Finance is a decentralized protocol built on the Ethereum platform. It aims to create a stablecoin called Frax (FRAX) that is backed by a combination of stable assets and collateralized debt positions (CDPs).

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Listed Exchanges

Frax Ether (frxETH) is available for trading on the following exchanges:

FAQ

What is frxETH?

Frax Ether (frxETH) is a liquid staking derivative issued by the Frax Finance protocol. It is backed by at least 1 ETH in validator nodes, providing users with the ability to stake their Ethereum and maintain liquidity.