Earn yield on FRAX on Ethereum
The best FRAX yield on Ethereum right now is 11.28% on Beefy. We track 7 live pools across staking, lending, and LP — ranked by yield.
Stablecoin pegged to the US dollar — low volatility, yield-bearing in lending. The original smart-contract chain — largest DeFi ecosystem by TVL.
Best yield
11.28%
Median yield
1.62%
Live pools
7
Total pool size
$120 M
Ranked by yield
Where to earn FRAX on Ethereum
| Pool | Protocol | Type | Yield | Pool size |
|---|---|---|---|---|
| beefy - MSUSD-FRAX-USDC FRAX | Beefy | Farming | 11.28% | $1.4 M |
| curve-dex - FRAX-USDC FRAX | Curve Dex | Lp | 4.47% | $4.6 M |
| convex-finance - FRAX-USDE FRAX | Convex Finance | Farming | 2.10% | $55 M |
| frax - FXS-FRAX FRAX | Frax | Lp | 1.62% | $1.7 M |
| curve-dex - FRAX-USDE FRAX | Curve Dex | Lp | 1.40% | $55 M |
| uniswap-v3 - FRXETH-FRAX FRAX | Uniswap V3 | Lp | 0.38% | $2.6 M |
| uniswap-v3 - FRAX-USDC FRAX | Uniswap V3 | Lp | 0.04% | $1.5 M |
Updated 11 minutes ago
Frequently asked
FRAX on Ethereum — common questions
Is earning yield on FRAX on Ethereum safe? +
Every pool carries smart-contract risk. LP and lending pools layer on impermanent loss, liquidation, or oracle risk depending on the type. Stick with audited protocols, large TVL, and rates close to the median — outliers usually carry hidden risk.
How do I get FRAX onto Ethereum? +
Most users bridge from a major exchange or use a chain-native bridge. Always test with a small amount first. Bridge fees + gas can be significant for small deposits — check the math before moving anything under $200.
What's the highest FRAX yield on Ethereum? +
Right now Beefy pays roughly 11.28% APY — the top of our ranking. Higher published rates exist on smaller pools, but those usually fail the size + sanity filter we apply.
How are these yields calculated? +
Each yield combines base rewards plus any incentive token rewards, annualised. Rates fluctuate daily. We refresh hourly and only show pools above $1M TVL with rates between 0.01% and 30% to filter out scams and stale data.