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WFRAX (frxUSD borrow)

WFRAX
DeFi poolOpen access· Platform: fraxlend· Pays in: WFRAX
source: StableLens reference & flow dataReport incorrect data

Frequently asked

Is WFRAX (frxUSD borrow) FDIC or SIPC insured?

No. WFRAX (frxUSD borrow) is a crypto earn product, not a bank deposit — the WFRAX is held and deployed by fraxlend, so it is not FDIC- or SIPC-insured and the yield is variable, not guaranteed.

Where does the ~0% yield come from?

WFRAX (frxUSD borrow) deploys the deposited WFRAX to generate the rate; it is variable, not fixed.

Is WFRAX safe?

See the WFRAX report for its compliance score, reserves, and peg history.

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