Frax — Staking Pools & DeFi Yield

Explore all yield opportunities on Frax — 26 active pools across 7 blockchains with a combined TVL of $211.38M. Find the best Frax pool for your risk profile and start earning passive DeFi income today.

Get Exchange Bonus

Protocol Overview

Total Pools

Total TVL

$211.38M

Best APY

7.08%

Chains

Stable Pools

Buy Crypto to Stake on 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

Top Frax Pools

The table below shows up to 20 of Frax's highest-TVL pools. Click any pool for its full APY history, risk analysis, and step-by-step staking guide.

Pool	Chain	APY	TVL	Tags
FPI FRAX	Ethereum	0.00%	$98.16M	Stable
SFRAX	Ethereum	0.00%	$65.36M	Stable
SFRXUSD	Ethereum	3.90%	$33.56M	Stable
FRAX WFRXETH	Fraxtal	1.86%	$3.46M	IL
WFRAX FRXUSD	Ethereum	4.54%	$2.44M	Stable
IQ FRAX	Ethereum	1.80%	$2.22M	IL
FRAX FXS	Fraxtal	7.08%	$1.66M	IL
FXS FRAX	Ethereum	5.79%	$1.63M	IL
FRAX WETH	Ethereum	2.38%	$646.1K	IL
IQ FRAX	Fraxtal	0.00%	$412.5K	IL
FRAX WBNB	BSC	0.53%	$275.8K	IL
SYN FRAX	Ethereum	0.01%	$229.7K	IL
WAVAX FRAX	Avalanche	2.78%	$220.5K	IL
FXS FRAX	Ethereum	0.00%	$170.0K	IL
FXS WFRXETH	Fraxtal	5.71%	$149.2K	IL
IQ FRAX	Ethereum	0.03%	$132.7K	IL
WMATIC FRAX	Polygon	2.15%	$120.4K	IL
FRAX WETH	Optimism	1.76%	$89.6K	IL
FRAX SFRXETH	Fraxtal	0.00%	$82.5K	IL
FRAX FPI	Fraxtal	0.01%	$78.5K	Stable

View all 26 Frax pools →

About Frax

Frax is a decentralized finance protocol operating across 7 blockchains including Ethereum, Fraxtal, BSC. The protocol enables crypto holders to earn yield through automated smart contracts — no custodians, no KYC, and full transparency via on-chain data.

With $211.38M in total TVL across 26 pools, Frax represents a significant segment of the DeFi yield landscape. Users interact directly with the protocol's smart contracts via any compatible Web3 wallet, maintaining full custody of their assets throughout.

How Frax Generates Yield

Frax creates yield for depositors through diverse pool mechanics. Yield sources include trading fees from every swap routed through liquidity pools, interest paid by borrowers in lending markets, and protocol incentive distributions to attract and retain liquidity. The specific yield source varies by pool — check each pool's APY breakdown (Base APY vs. Reward APY) to understand where the yield comes from.

Base APY represents sustainable fee income; Reward APY comes from token incentives that can change as protocol programs evolve. For long-term positions, prioritize pools with strong base APY. For short-term yield farming, high-reward-APY pools can be lucrative if entered and exited strategically before incentive programs wind down.

Frax Across Blockchains

Frax is deployed on 7 chains: Ethereum, Fraxtal, BSC, Avalanche, Polygon, Optimism, Arbitrum. Each deployment offers different pools, liquidity levels, and gas costs. The Ethereum mainnet deployment has the deepest liquidity but higher gas costs. Layer 2 deployments offer similar opportunities with significantly lower transaction costs. Choose the chain that best matches your position size and fee tolerance.

Security & Risk Profile

Before depositing into any Frax pool, assess the specific risks. Pools with the IL tag involve multi-asset positions where price divergence can reduce your effective return. Pools with the Stable tag use stablecoin assets, minimizing price volatility risk on your principal. All DeFi pools carry inherent smart contract risk — verify Frax's audit status from their official documentation before depositing large amounts.

Frax Pool Risk Summary
Pool Type	APY Range	IL Risk	Recommended For
Stablecoin pools	3–15% typical	None	Conservative yield, capital preservation
Single-asset pools	Varies	None	Yield on existing holdings without ratio risk
Multi-asset AMM pools	Higher	Moderate–High	Active yield farmers comfortable with IL

How to Use Frax Effectively

To maximize returns on Frax: start with pools that have high TVL (lower exit slippage), check whether APY is fee-based or emission-based, and review the protocol's incentive program timeline. For multi-asset pools, calculate your expected IL at various price scenarios before committing — many DeFi calculators are available online for this purpose.

For tax purposes, each reward claim from Frax pools is typically a taxable event in most jurisdictions. Keep records of your deposits, withdrawals, and reward harvests with timestamps and USD values at the time of each transaction.

Frequently Asked Questions

What is Frax?

Frax is a DeFi protocol offering 26 yield pools across 7 blockchain networks. It enables crypto holders to earn passive yield through stablecoin pools, liquidity provision, and protocol incentives. Total TVL across all Frax pools is $211.38M.

What is the best APY on Frax?

The highest current APY on Frax tracked by APY Hub is 7.08%. Rates vary by pool and change daily based on utilization, trading volume, and incentive programs. Browse all Frax pools sorted by APY to find the current best opportunity.

How do I stake on Frax?

To start earning on Frax: acquire the required tokens from an exchange, set up a Ethereum wallet, visit the official Frax app, connect your wallet, select a pool, and deposit. Your yield begins accruing immediately with no lockup period in most pools.

Is Frax audited and safe?

Most established DeFi protocols like Frax conduct regular security audits. Verify audit status on the official Frax documentation or their GitHub repository. The protocol's TVL of $211.38M indicates significant user trust, but always check audits and never invest more than you can afford to lose.

On which blockchains does Frax operate?

Frax is deployed on Ethereum, Fraxtal, BSC, Avalanche, Polygon and 2 more chains. Cross-chain deployments allow users to access Frax pools on the chain with the most suitable fees and liquidity for their needs.

Frax Tokens Available on These Exchanges