Where can I earn FRAX yield?

FRAX yield is available across 14 pools on 2 chains including Arbitrum, Ethereum. Top protocols: Convex Finance, Curve Dex, Fraxlend.

What is the best FRAX yield on Ethereum?

On Ethereum, the best FRAX yield is 6.40% APY via Convex Finance. Data updated every 5 minutes.

FRAX Yields

Q: What is the best FRAX yield today?

The best FRAX APY today is 6.4% on Convex Finance (Ethereum). Rates are updated every 5 minutes from DeFiLlama.

Issued by Frax Finance · Pegged to US Dollar

6.4% Best APY today

14 Pools tracked

2 Chains covered

All FRAX Yield Pools

Ranked by current APY

FRAX yields are tracked across 14 pools on 2 chains. The best rate today is 6.4% APY on Convex Finance (Ethereum). On Ethereum, the top FRAX yield is 6.40% via Convex Finance.

Protocol	Chain	Type	APY	30d Avg	Trend	TVL
Convex Finance	Ethereum	DeFi	6.40% 0.11% base	6.97%	—	$199K
Curve Dex	Ethereum	DeFi	3.60% 0.11% base	4.17%	—	$4.6M
Fraxlend	Ethereum	DeFi	2.45%	5.53%	—	$1.7M
Convex Finance	Ethereum	DeFi	1.86% 0.02% base	1.92%		$49.7M
Curve Dex	Ethereum	DeFi	1.13% 0.02% base	1.30%		$49.8M
Aave V3	Arbitrum	DeFi	0.42%	0.55%	—	$122K
Curve Dex	Ethereum	DeFi	0.15%	0.14%	—	$204K
Convex Finance	Ethereum	DeFi	0.15%	0.14%	—	$204K
Uniswap V3	Ethereum	DeFi	0.10%	0.21%	—	$1.5M
Curve Dex	Ethereum	DeFi	0.05%	0.06%	—	$234K
Convex Finance	Ethereum	DeFi	0.05%	0.06%	—	$234K
Convex Finance	Ethereum	DeFi	0.03%	0.07%	—	$391K
Curve Dex	Ethereum	DeFi	0.02%	0.03%	—	$4.1M
Curve Dex	Ethereum	DeFi	0.00%	—	—	$1.0M

FRAX Yields by Chain

Best available APY on each network

Arbitrum

0.42%

Aave V3

1 pool

Ethereum

6.40%

Convex Finance

13 pools

Frequently Asked Questions

What is the best FRAX yield today?

The best FRAX APY today is 6.4% on Convex Finance (Ethereum). Across all 14 tracked pools, rates currently range from 0.00% to 6.4%. Data is refreshed every 5 minutes.

On which chains can I earn FRAX yield?

FRAX yield is available on 2 blockchains: Arbitrum, Ethereum. The highest yield is currently on Ethereum via Convex Finance. On Ethereum, the top rate is 6.40% via Convex Finance.

Which protocols offer the best FRAX yield?

The top protocols for FRAX yield today are: Convex Finance (6.40% on Ethereum), Curve Dex (3.60% on Ethereum), Fraxlend (2.45% on Ethereum), Convex Finance (1.86% on Ethereum), Curve Dex (1.13% on Ethereum).

What are the risks of earning FRAX yield?

Algorithmic component introduces systemic risk if collateral ratio falls
Smart contract complexity across the multi-product Frax ecosystem
Governance risk — FXS token holders control key parameters