Alpha Frax USD Enhanced V2
View on Morpho Update infoShare token price
1M return (ann)
▲ 10.8%
Total value locked
$44.9K
peak $3.5M
3M Sharpe
20.2
3M volatility
0.4%
Other metrics
3M Sharpe
20.2
3M volatility
0.4%
Age
0.4 years
0.0%
Protocol Technical Risk
Lockup period
Instant
Denomination
Returns and fees
| 1M | 3M | 6M | 1Y | Lifetime | |
|---|---|---|---|---|---|
| Gross Gross | 10.8% | 7.7% | 6.9% | 6.9% | 6.9% |
| Performance fee Performance | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Management fee Management | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Deposit fee Deposit | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Withdrawal fee Withdrawal | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Net | 10.8% | 7.7% | 6.9% | 6.9% | 6.9% |
Notes
The vault data might be updated infrequently because the vault TVL has fallen substantially from its historical peak.
About Frax Finance
This vault is curated by Frax Finance.
Frax builds stablecoin and Fraxtal infrastructure for open, on-chain digital money.
About Morpho
This vault is running on Morpho:
Decentralised lending protocol with optimised interest rates and flexible vault architectures.
Performance metrics
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | --- | --- | --- | --- | --- |
| Ranking on Ethereum | #310 | #58 | #98 | #108 | #136 | #150 |
| Ranking on Morpho | #143 | #5 | #13 | #14 | #19 | #21 |
| CAGR (net) | 3.2% | 10.8% | 7.7% | 6.9% | 6.9% | 6.9% |
| CAGR (gross) | 3.2% | 10.8% | 7.7% | 6.9% | 6.9% | 6.9% |
| Returns (net) | 0.1% | 0.8% | 1.8% | 2.7% | 2.7% | 2.7% |
| Returns (gross) | 0.1% | 0.8% | 1.8% | 2.7% | 2.7% | 2.7% |
| Sharpe ratio | 0.00 | 41.02 | 20.19 | 20.61 | 20.61 | 20.61 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Volatility | 0.0% | 0.3% | 0.4% | 0.4% | 0.4% | 0.4% |
| TVL low | $44.89K | $44.89K | $44.89K | $10.00K | $10.00K | $10.00K |
| TVL high | $69.21K | $1.09M | $1.92M | $3.55M | $3.55M | $3.55M |
| Share price start (frxUSD) | 1.02601 | 1.01809 | 1.00813 | 1.0000 | 1.0000 | 1.0000 |
| Share price end (frxUSD) | 1.0267 | 1.0267 | 1.0267 | 1.0267 | 1.0267 | 1.0267 |
| Period data availability | 9 days | 31 days | 91 days | 146 days | 146 days | 146 days |
| Period start | 2026-07-05 | 2026-06-12 | 2026-04-13 | 2026-02-17 | 2026-02-17 | 2026-02-17 |
| Period end | 2026-07-12 | 2026-07-12 | 2026-07-12 | 2026-07-12 | 2026-07-12 | 2026-07-12 |
Technical Details
| Vault name | Alpha Frax USD Enhanced V2 |
| Vault address | 0xd8cd72a2eb7a4312404c00aed5172c0026da0c27 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 frxUSD = $0.999868 fetched |
| Share token | alphaFraxUSDenhanced |
| Protocol | Morpho |
| Homepage | View vault on protocol website |
| Current TVL | 44,892.968 frxUSD |
| Peak TVL | 3,550,203.365 frxUSD |
| Last share price | 1.027 frxUSD |
| Last updated | |
| Last updated block | 25,514,261 |
| Data refreshed at | |
| Data starts | 2026-02-17 00:00:00 UTC |
| Fee mode | Internalised (performance fee taken from closed positions) |
| Fees internalised | Yes |
| Features | morpho_v2_like |
| Flags | --- |
| Deposit status | Open |
| Redemption status | Open |
| Deposit/redemption events | 735 |
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