ALCX FRAXBP — 23.08% APY Staking Pool

The ALCX FRAXBP pool on Stake Dao (Ethereum) currently yields 23.08% APY with $153.8K in total value locked. Deposit your ALCX, FRAXBP, CRVFRAX and earn passive DeFi yield — no KYC, no lockup, self-custodied.

By APY Hub · Reviewed by Ankit Sharma · Last reviewed: July 2026 · Data: DeFiLlama · Updated every 4h

APY data sourced from DeFiLlama. Not financial advice — verify rates before depositing.

Pool Statistics

APY & TVL History

Historical APY and TVL data for ALCX FRAXBP, sourced from the DeFiLlama API. Use the charts to assess whether the current yield is a recent spike or a sustained rate. Sudden APY jumps often indicate new incentive programs — verify whether they are ongoing before making deposit decisions.

About ALCX FRAXBP

The ALCX FRAXBP pool is a decentralized yield-generating position managed by the Stake Dao protocol on the Ethereum blockchain. Depositors provide ALCX, FRAXBP, CRVFRAX liquidity and receive a share of the fees and rewards generated by pool activity — with no intermediaries, no KYC, and full on-chain transparency.

With 23.08% APY and $153.8K in total value locked, this pool represents an active liquidity opportunities in the Ethereum DeFi ecosystem. The TVL figure reflects real user confidence — every dollar locked is a deposit from someone who chose this pool over thousands of alternatives.

How This Pool Generates Yield

Yield in ALCX FRAXBP comes from two sources: base APY of 0.88% from trading fees and lending activity, and reward APY of 22.20% from Stake Dao protocol incentives paid in governance tokens. The base APY is more sustainable long-term; the reward APY depends on the token price and incentive program duration.

Unlike centralized staking on exchanges, your deposit in ALCX FRAXBP is secured by Stake Dao's open-source smart contracts on Ethereum. You can verify the exact contract addresses, see every transaction in the pool, and withdraw your position at any time without requiring anyone's permission.

Who Should Use ALCX FRAXBP?

This pool suits investors who already hold ALCX, FRAXBP, CRVFRAX and want to put those assets to work beyond simply holding. Note that this is a multi-asset pool with impermanent loss risk — it suits investors who are comfortable holding both assets in the pair and are less concerned about optimizing the exact ratio.

How to Stake ALCX, FRAXBP, CRVFRAX in Stake Dao

Follow these steps to start earning 23.08% APY in the ALCX FRAXBP pool. The entire process takes 15–30 minutes for first-time DeFi users.

Step 1: Buy ALCX, FRAXBP, CRVFRAX

Purchase ALCX, FRAXBP, CRVFRAX on Bybit, BINGX, or MEXC. Choose the Ethereum network for withdrawal to avoid bridging fees. Confirm the network before completing the transfer.

Step 2: Set Up a Wallet

Install MetaMask or use a Ledger hardware wallet. Add the Ethereum network if it is not detected automatically. Never store your seed phrase digitally.

Step 3: Get Ethereum for Gas

Buy a small amount of Ethereum's native token to pay transaction fees — usually $1–10 worth is sufficient for several transactions.

Step 4: Connect to Stake Dao

Visit the official Stake Dao app. Bookmark the URL directly. Never click links from DMs, social media, or email — phishing sites mimic real protocols exactly.

Step 5: Approve and Deposit

Approve the token spend in your wallet, then confirm the deposit transaction. Yield begins accruing in the next block after confirmation.

Step 6: Track and Harvest

Check your position regularly. Some pools require manual reward claims — harvest and reinvest to compound your 23.08% APY over time.

Gas Costs and Break-Even

On Ethereum, expect to spend approximately $2–$30 in gas for the deposit and withdrawal transactions combined. At 23.08% APY, a $7909 deposit recovers ~$35 in gas within a week (≈ $5/day in yield). Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — ALCX FRAXBP

Every DeFi investment involves risk. Key risks for this pool:

• Smart Contract Risk — All DeFi protocols carry smart contract risk. Verify Stake Dao's audit history and bug bounty program before depositing.
• Liquidity Risk — Lower TVL means larger deposits may face slippage. Check pool depth before depositing.
• Impermanent Loss — This is a multi-asset pool: if ALCX, FRAXBP, CRVFRAX prices diverge significantly, your position value decreases relative to simply holding the tokens. Monitor price ratios actively.
• Asset Price Risk — ALCX, FRAXBP, CRVFRAX can lose significant value. Your position's USD worth moves with asset price, independent of your yield rate.
• Protocol Risk — Review Stake Dao's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions