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Earn / FRAX / FRAX-USDE
convex-finance

FRAX-USDE

Convex Ethereum LP Medium Risk
Updated just now
APY Total
2.02%
Base: 0.15% + Reward: 1.87%
30d avg: 1.97%
TVL
$54.7M
Assets
2
Source
defillama

Pool Assets

FRAX
FRAX Frax
underlying RWA Details
USDe
USDe Ethena USDe
underlying RWA Details

Related RWA Assets

About This Pool

FRAX-USDE is a lp yield pool on Convex, deployed on the Ethereum network. It currently offers 2.02% annualized yield with $54.7M in total value locked. Of the total APY, 0.15% comes from base yield and 1.87% from reward incentives. This pool is categorized as stablecoins. Risk level: medium. Tracked since March 2026.

How This Pool Compares

FRAX-USDE ranks #8 out of 37 FRAX yield opportunities by APY.

The best available FRAX yield is 7.31% on Convex Finance, while this pool offers 2.02%.

The average FRAX yield across comparable pools is 3.41%. This pool is below average by 1.39%, which may reflect a more conservative risk profile.

Similar FRAX Pools

Pool Protocol APY Risk
FRAX-USDC Convex Finance 7.31% Medium
FRAX-USDC Curve Dex 5.28% Medium
FXS-FRAX Frax 3.16% Medium
FRAX Vesper 3.11% Low
FRAX-FXB-20261231 Curve Dex 2.72% Medium

Risk Considerations

  • Protocol risk: Convex smart contracts hold deposited funds. Audit status and TVL serve as trust indicators.
  • APY volatility: Yield rates are variable and change based on supply, demand, and incentive programs. Reward APY may decrease or end when incentive programs expire.
  • Smart contract risk: All DeFi protocols carry inherent smart contract risk. Consider diversifying across protocols and monitoring positions.

Frequently Asked Questions

What is the current APY for FRAX-USDE?

FRAX-USDE currently offers 2.02% annual percentage yield. It is a lp pool on Convex, deployed on the Ethereum network. The yield is composed of 0.15% base APY and 1.87% reward APY. Rates are variable and updated in real time.

Is Convex safe for yield farming?

Convex is a DeFi protocol with a medium risk rating. This pool holds $54.7M in total value locked, which provides some liquidity assurance. As with all DeFi protocols, users should consider smart contract risk, audit status, and market conditions before depositing funds. Diversifying across protocols and monitoring positions regularly is recommended.

FRAX-USDE is a lp pool on Convex, deployed on Ethereum. The pool currently offers 2.02% annual yield. Total value locked is $54.7M. Assets involved: FRAX, USDe.