FRXUSD (Fraxlend - sfrxETH collateral)
FRXUSDFrequently asked
Is FRXUSD (Fraxlend - sfrxETH collateral) FDIC or SIPC insured?
No. FRXUSD (Fraxlend - sfrxETH collateral) is a crypto earn product, not a bank deposit — the FRXUSD is held and deployed by resupply, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.
Where does the ~4% yield come from?
FRXUSD (Fraxlend - sfrxETH collateral) deploys the deposited FRXUSD to generate the rate; it is variable, not fixed.
Is FRXUSD safe?
FRXUSD scores B/70 on StableLens compliance. That is a methodology classification, not a guarantee — see the FRXUSD report for reserves, attestations, and peg history.
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- ✓Subscription / redemption flows
- ✓Direct source & announcement links
- ✓Depeg alerts & watchlists