ETH on Frax (sfrxETH)
Frax (sfrxETH) pays 2.97 % APY on Ethereum (ETH) as a Earn rate. On YieldScope Frax (sfrxETH) carries a safety grade of C, scored across five risk criteria. Below: where ETH earns more — and where it earns safer.
Yield source: Liquid staking
Where else ETH earns
Frax (sfrxETH) pays 2.97 % on ETH. Here's how other venues compare — by rate and by safety.
| Venue | APY | Terms | Grade |
|---|---|---|---|
| | 2.97 % | 🔒 Earn | C |
| | 12 % | Flexible | F |
| | 10.9 % | 🔒 30d lock | B |
| | 7.47 % | Earn | C |
| | 6.49 % | Flexible | F |
| | 3.25 % | Flexible | C |
Frax (sfrxETH) is graded C. If safety matters more than a few extra basis points, Coinbase Earn earns ETH at a higher grade (A).
Why Frax (sfrxETH) is graded C
Five binary safety criteria — each one passed or not. The more passed, the safer.
- ✗ Regulation
Decentralized protocol, not a licensed entity — no regulator or custodian. Legitimacy rests on audits and on-chain transparency. Source →
- ✓ Proof-of-Reserves
Fully open-source and on-chain; validators are visible on the Beacon chain. No formal PoR oracle, but reserves are on-chain verifiable. Source →
- ✓ Flexible withdrawal
NFT-based redemption queue (first-come priority); near-instant exit via the deep Curve frxETH liquidity pools. Source →
- ✗ Insurance Fund
No insurance fund — only a bug bounty (the lower of 10% of the exploit or $10M, paid in FRAX/FXS). Source →
- ✓ Track record (2+ years incident-free)
Zero slashing events and no exploit with user-fund loss. Note a Dec 2025 governance-transparency controversy (a vuln was stealth-patched) — no funds lost, but a red flag. Source →
ETH rate history on Frax (sfrxETH)
Daily snapshots from YieldScope's rate sync. Hover to inspect any day.
How ETH yields moved across exchanges
from 2026-05-25 to 2026-07-17
Source: daily snapshots via exchange APIs
Your money, this pair
How much will you earn?
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
This is not an affiliate link. Price for you doesn't change.
How ETH earns on Frax (sfrxETH)
When you deposit ETH into Frax (sfrxETH)'s earn product you receive 2.97 % APY as a Earn rate. The platform puts the asset to work and shares the yield — your balance grows without you doing anything.
This is a base rate, not a promotional teaser: it's what an ordinary deposit actually earns. Frax (sfrxETH) carries a YieldScope safety grade of C, so weigh the yield against platform risk — a higher rate on a weaker grade is not automatically a better deal.
Rates on ETH move with lending demand and market conditions. We re-check them daily and keep a history, so you can see whether today's number is unusually high, unusually low, or steady.