Frax Ether

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL represents all the on-chain assets backing frxETH

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Frax Ether is published as a versioned release inside the Frax Finance protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.

Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.

Frax Ether es una versión dentro de una familia de protocolos mayor. Abre el protocolo padre para ver el TVL combinado y todas las versiones hermanas.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Oct 24, 2022
   Listado en DeFiLlama

Frax Ether is a Liquid Staking protocol that issues liquid receipt tokens against staked deposits, so users earn validator rewards without locking up the underlying asset. It is deployed across 2 chains, including Ethereum, Fraxtal. No public audit reports are listed on DeFiLlama for this protocol.

Frax Ether operates on 2 networks (Ethereum, Fraxtal), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on Ethereum, which holds 100% of all assets — other deployments are comparatively small. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk.

Verified external resources for Frax Ether — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Frax Ether is one of 7 Liquid Staking protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Lido, Binance staked ETH, Rocket Pool, and 3 more. These peer protocols collectively secure 35 mil M US$ in deposits, giving you a frame of reference for whether Frax Ether's own TVL is at the top, middle, or tail of the category.

Lido

TVL 21,4 mil M US$ · 24h -0.07%

Binance staked ETH

TVL 8568 M US$ · 24h +0.81%

Rocket Pool

TVL 1345,9 M US$ · 24h +0.27%

DoubleZero Staked SOL

TVL 1260,2 M US$ · 24h -0.46%

Sanctum Validator LSTs

TVL 1232,9 M US$ · 24h +0.03%

Jito Liquid Staking

TVL 1197 M US$ · 24h +0.03%