FRXUSD — 1.72% APY Staking Pool

Stablecoin

The FRXUSD pool on Merkl (Ethereum) currently yields 1.72% APY with $5.22M in total value locked. Deposit your FRXUSD and earn passive DeFi yield — no KYC, no lockup, self-custodied.

By APY Hub · Reviewed by Ankit Sharma · Last reviewed: May 2026

Start Earning 1.72%

Pool Statistics

APY

1.72%

Reward APY

1.72%

TVL

$5.22M

Protocol

Merkl

Chain

Ethereum

Tokens

FRXUSD

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APY & TVL History

Historical APY and TVL data for FRXUSD, 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 FRXUSD

The FRXUSD pool is a decentralized yield-generating position managed by the Merkl protocol on the Ethereum blockchain. Depositors provide FRXUSD 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 1.72% APY and $5.22M 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 FRXUSD comes from protocol fees and on-chain activity. This fee-based yield is more sustainable than token-emission models since it directly reflects real economic activity through the pool.

Unlike centralized staking on exchanges, your deposit in FRXUSD is secured by Merkl'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 FRXUSD?

This pool suits investors who already hold FRXUSD and want to put those assets to work beyond simply holding. As a stablecoin pool, it offers yield without price volatility risk on the principal — ideal for conservative DeFi participants.

How to Stake FRXUSD in Merkl

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Follow these steps to start earning 1.72% APY in the FRXUSD pool. The entire process takes 15–30 minutes for first-time DeFi users.

Step-by-Step Guide: Staking FRXUSD in Merkl
Step	Action	Details & Tips
1	Buy FRXUSD	Purchase on Bybit, BINGX, or MEXC. Choose the Ethereum network for withdrawal to save bridging fees.
2	Set up a wallet	Install MetaMask or use a Ledger hardware wallet. Add the Ethereum network if not auto-detected.
3	Get Ethereum for gas	Buy a small amount of Ethereum's native token to pay transaction fees (usually $1–10 worth).
4	Connect to Merkl	Visit the official Merkl app. Bookmark the URL. Never use links from DMs or social media.
5	Approve & deposit	Approve the token spend, confirm the deposit transaction. Yield starts accruing in the next block.
6	Track & harvest	Check back regularly. Some pools require manual reward claims — harvest and reinvest to maximize APY.

Gas Costs and Break-Even

On Ethereum, expect to spend approximately $2–$30 in gas for the deposit and withdrawal transactions combined. At 1.72% APY, a $105962 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — FRXUSD

Every DeFi investment involves risk. The table below summarizes the key risk factors specific to the FRXUSD pool. Read carefully before depositing.

FRXUSD — Full Risk Analysis
Risk Factor	Level	Description
Impermanent Loss	✅ Low/None	Single-asset or stablecoin pool — impermanent loss risk is minimal or non-existent.
Asset Price Risk	🟢 Low	Stablecoin — principal value is stable regardless of crypto market moves.
Exposure Type	🟢 Single Asset	You're exposed to one asset — simpler risk profile, no price divergence between paired tokens.
Smart Contract	⚠️ Inherent	All DeFi protocols carry smart contract risk. Verify Merkl's audit history before depositing.
Liquidity Risk	🟢 Adequate	$5.22M TVL supports normal-size positions without significant slippage.
Protocol Risk	🟡 Verify audits	Review Merkl's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions

What is the current APY for FRXUSD?

The current APY for the FRXUSD pool on Merkl is 1.72%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Merkl interface before depositing, as rates can shift significantly within hours.

What is the TVL of FRXUSD?

The total value locked (TVL) in the FRXUSD pool is currently $5.22M. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.

How do I stake in FRXUSD?

Acquire FRXUSD on a CEX like Bybit or BINGX, withdraw to a Ethereum-compatible wallet, visit the official Merkl interface, connect your wallet, and deposit into the FRXUSD pool. Your yield begins accruing immediately.

Is FRXUSD safe to use?

Merkl is a DeFi protocol. As with all DeFi, smart contract risk is inherent. Check Merkl's audit history before depositing significant funds.

How do I withdraw from FRXUSD?

Connect your wallet to the Merkl interface, navigate to your position, and select "Withdraw" or "Remove Liquidity." Your principal plus accrued yield returns to your wallet, minus gas fees on the Ethereum network.

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