cryptonist

DeFi protocols

Frax Ether

Data as of 3 October 2026 · Official site

Frax Ether is a protocol DefiLlama files under Liquid Staking, deployed on 2 chains. On 3 October 2026 it held $135.9M in total value locked, up 13.1% over 30 days, placing it 185th of 225 protocols in this set. DefiLlama recorded $303K in fees over the previous 30 days. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $228.1M at the start of the series, $135.9M at the end. $0 $250.0M $500.0M $750.0M $1.0B Sept 22Sept 23Sept 24Sept 25Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol, 225 tracked: top 24, and Frax Ether at 185. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
185 Frax Ether $135.9M

See all 225 protocols

TVL by chain

TVL by chain, Frax Ether, 3 October 2026. Source: DefiLlama.
ChainUSD
Ethereum $135.8M
Fraxtal $141K

Fees recorded by DefiLlama

Fees recorded by DefiLlama, Frax Ether, 3 October 2026. Source: DefiLlama.
WindowUSD
24 hours $0
30 days $303K
1 year $4.6M

About Frax Ether

Category: Liquid Staking. Deployed on 2 chains. Listed by DefiLlama on 2022-10-24.

Frax Ether is a liquid ETH staking derivative designed to uniquely leverage the Frax Finance ecosystem to maximize staking yield and smoothen the Ethereum staking process for a simplified, secure, and DeFi-native way to earn interest on ETH. (DefiLlama's listing text.)

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.