Pool Assets
Related RWA Assets
About This Pool
WAVAX-FRAX is a lp yield pool on Frax, deployed on the Avalanche network. It currently offers 1.76% annualized yield with $220.9K in total value locked. This pool is categorized as stablecoins. Risk level: medium. Tracked since March 2026.
How This Pool Compares
WAVAX-FRAX ranks #11 out of 37 FRAX yield opportunities by APY.
The best available FRAX yield is 7.31% on Convex Finance, while this pool offers 1.76%.
The average FRAX yield across comparable pools is 3.27%. This pool is below average by 1.51%, 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: Frax 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.
- Liquidity risk: This pool has relatively low TVL ($220.9K), which may affect withdrawal availability during high-demand periods.
- 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 WAVAX-FRAX?
WAVAX-FRAX currently offers 1.76% annual percentage yield. It is a lp pool on Frax, deployed on the Avalanche network. Rates are variable and updated in real time.
Is Frax safe for yield farming?
Frax is a DeFi protocol with a medium risk rating. This pool holds $220.9K 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.