SYN FRAX — 0.01% APY Staking Pool

IL RiskMulti-asset

The SYN FRAX pool on Frax (Ethereum) currently yields 0.01% APY with $229.7K in total value locked. Deposit your SYN, FRAX and earn passive DeFi yield — no KYC, no lockup, self-custodied.

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

Start Earning 0.01%

Pool Statistics

APY

0.01%

Base APY

0.01%

TVL

$229.7K

Protocol

Frax

Chain

Ethereum

Tokens

SYNFRAX

Get Exchange Bonus — Buy SYN, FRAX

Affiliate disclosure: APY Hub may earn a commission from partner links on this page. Bonuses and rates are subject to each exchange's terms; verify current offers before depositing.

Tangem

Safe wallet

10% discount

Ledger

Secure hardware wallet

Fast delivery

APY & TVL History

Historical APY and TVL data for SYN FRAX, 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 SYN FRAX

The SYN FRAX pool is a decentralized yield-generating position managed by the Frax protocol on the Ethereum blockchain. Depositors provide SYN, FRAX 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 0.01% APY and $229.7K 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 SYN FRAX comes from trading fees and protocol activity (0.01% base APY). 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 SYN FRAX is secured by Frax'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 SYN FRAX?

This pool suits investors who already hold SYN, FRAX 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 SYN, FRAX in Frax

Get Exchange Bonus

Follow these steps to start earning 0.01% APY in the SYN FRAX pool. The entire process takes 15–30 minutes for first-time DeFi users.

Step-by-Step Guide: Staking SYN, FRAX in Frax
Step	Action	Details & Tips
1	Buy SYN, FRAX	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 Frax	Visit the official Frax 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 0.01% APY, a $33486239 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — SYN FRAX

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

SYN FRAX — Full Risk Analysis
Risk Factor	Level	Description
Impermanent Loss	⚠️ Present	Multi-asset pool: if SYN, FRAX prices diverge significantly, your position value decreases relative to holding. Monitor price ratios actively.
Asset Price Risk	🟡 Moderate–High	SYN, FRAX can lose significant value. Your position's USD value moves with the asset price, independent of your yield.
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 Frax's audit history before depositing.
Liquidity Risk	🟡 Monitor	Lower TVL means larger deposits may face slippage on entry/exit. Check current depth before depositing.
Protocol Risk	🟡 Verify audits	Review Frax's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions

What is the current APY for SYN FRAX?

The current APY for the SYN FRAX pool on Frax is 0.01%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Frax interface before depositing, as rates can shift significantly within hours.

What is the TVL of SYN FRAX?

The total value locked (TVL) in the SYN FRAX pool is currently $229.7K. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.

How do I stake in SYN FRAX?

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

Is SYN FRAX safe to use?

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

How do I withdraw from SYN FRAX?

Connect your wallet to the Frax 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.

Buy SYN, FRAX and Start Earning Today