• The value in this vault is down more than 95% of its peak. The vault is likely abandoned or facing issues.

Earn interest by lending assets to an isolated Fraxlend borrowing market.

🏆

Share token price

Other metrics

3M Sharpe
27.2
3M volatility
0.1%
Age
2.4 years
Maximum drawdown
0.0%
Protocol Technical Risk
Lockup period
Instant
Denomination

Returns and fees

1M3M6M1YLifetime
Gross Gross 5.7% 3.5% 2.0% 4.1% 5.9%
Performance fee Performance 10.0%10.0%10.0%10.0%10.0%
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 5.7% 3.5% 2.0% 4.1% 5.9%

Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

Notes

Fraxlend pairs are isolated lending markets: lenders supply the pair's asset token and borrowers post its collateral token. Interest and collateral risk are not pooled across pairs. Redemptions depend on available, unborrowed liquidity, and lenders can absorb bad debt if liquidated collateral does not fully cover unhealthy loans. The share price internalises borrower interest and Fraxlend's protocol fee. See the Fraxlend technical documentation.

Curated by Frax Finance

This vault is curated by Frax Finance.

Frax builds stablecoin and Fraxtal infrastructure for open, on-chain digital money.

View all Frax Finance vaults

Running on Frax protocol

This vault is running on Frax:

Decentralised stablecoin protocol with lending markets and stablecoin savings products.

View all Frax vaults

Performance metrics

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall------------------
Ranking on Ethereum#198#171#354#477#312#207
Ranking on Frax#3#3#4#6#7#5
CAGR (net)4.9%5.7%3.5%2.0%4.1%5.9%
CAGR (gross)4.9%5.7%3.5%2.0%4.1%5.9%
Returns (net)0.1%0.5%0.8%1.0%4.1%14.6%
Returns (gross)0.1%0.5%0.8%1.0%4.1%14.6%
Sharpe ratio156.1776.4327.2017.529.8216.45
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%
Volatility0.0%0.1%0.1%0.1%0.6%0.8%
TVL low$40.13K$39.97K$39.82K$39.82K$39.82K$350.00
TVL high$40.17K$40.17K$59.66K$59.66K$977.32K$1.55M
Share price start (FRAX)1.14501.140841.13641.134761.101161.0000
Share price end (FRAX)1.146051.146051.146051.146051.146051.14605
Period data availability8 days31 days91 days181 days366 days872 days
Period start2026-07-312026-07-082026-05-092026-02-082025-08-072024-03-19
Period end2026-08-072026-08-072026-08-072026-08-072026-08-072026-08-07

Technical Details

Vault nameFraxlend Interest Bearing FRAX (Wrapped liquid staked Ether 2.0) - 28
Vault address0xb5a46f712f03808ae5c4b885c6f598fa06442684
Chain Ethereum (1)
Denomination Frax (FRAX)
Exchange rate used1 FRAX = $0.990528 fetched
Share tokenfFRAX(wstETH)-28
ProtocolFrax
HomepageView vault on protocol website
Current TVL40,170.217 FRAX
Peak TVL1,552,673.41 FRAX
Last share price1.146 FRAX
Last updated
Last updated block25,704,764
Data refreshed at
Data starts2024-03-19 00:00:00 UTC
Fee modeInternalised minting
Fees internalisedYes
Featuresfrax_like
Flags---
Whitelist statusUnknown
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events170

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter