PMUSD FRXUSD — 19.14% APY Staking Pool

StablecoinMulti-asset

The PMUSD FRXUSD pool on Convex Finance (Ethereum) currently yields 19.14% APY with $7.74M in total value locked. Deposit your PMUSD, 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 19.14%

Pool Statistics

APY

19.14%

Base APY

0.41%

Reward APY

18.73%

TVL

$7.74M

Protocol

Convex Finance

Chain

Ethereum

Tokens

PMUSDFRXUSD

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APY & TVL History

Historical APY and TVL data for PMUSD 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 PMUSD FRXUSD

The PMUSD FRXUSD pool is a decentralized yield-generating position managed by the Convex Finance protocol on the Ethereum blockchain. Depositors provide PMUSD, 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 19.14% APY and $7.74M 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 PMUSD FRXUSD comes from two sources: base APY of 0.41% from trading fees and lending activity, and reward APY of 18.73% from Convex Finance 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 PMUSD FRXUSD is secured by Convex Finance'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 PMUSD FRXUSD?

This pool suits investors who already hold PMUSD, 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 PMUSD, FRXUSD in Convex Finance

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Follow these steps to start earning 19.14% APY in the PMUSD FRXUSD pool. The entire process takes 15–30 minutes for first-time DeFi users.

Step-by-Step Guide: Staking PMUSD, FRXUSD in Convex Finance
Step	Action	Details & Tips
1	Buy PMUSD, 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 Convex Finance	Visit the official Convex Finance 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 19.14% APY, a $9535 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — PMUSD FRXUSD

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

PMUSD 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	🟡 Multi Asset	Multi-asset exposure increases complexity. Understand how the pool rebalances before depositing.
Smart Contract	⚠️ Inherent	All DeFi protocols carry smart contract risk. Verify Convex Finance's audit history before depositing.
Liquidity Risk	🟢 Adequate	$7.74M TVL supports normal-size positions without significant slippage.
Protocol Risk	🟡 Verify audits	Review Convex Finance's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions

What is the current APY for PMUSD FRXUSD?

The current APY for the PMUSD FRXUSD pool on Convex Finance is 19.14%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Convex Finance interface before depositing, as rates can shift significantly within hours.

What is the TVL of PMUSD FRXUSD?

The total value locked (TVL) in the PMUSD FRXUSD pool is currently $7.74M. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.

How do I stake in PMUSD FRXUSD?

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

Is PMUSD FRXUSD safe to use?

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

How do I withdraw from PMUSD FRXUSD?

Connect your wallet to the Convex Finance 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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