FXS DeFi Yields
The highest honest FXS yield right now is 2.41% on frax (Ethereum), among 4 pools above the $100K TVL floor. Rates are live from DefiLlama and exclude anomalous (>1000% APY) pools.
4 live pools above the $100K TVL floor · ranked by TVL
FXS's largest live pool is frax on Fraxtal at 0.23% ($1.37M TVL). 4 FXS pools across 2 chains clear this page's $100K TVL floor, $1.86M in total.
Your idle FXS could earn ~0.23% — park $104.8K and it could run a $20/mo Claude Pro subscription, forever.
See live FXS pools →| Protocol | Chain | APY | TVL |
|---|---|---|---|
| frax → | Fraxtal | 0.23% | $1.37M |
| frax → | Ethereum | 2.41% | $199K |
| curve-dex → | Ethereum | 0.14% | $125.9K |
Rate stability from APY history
Based on APY history only, FXS's lower-variability candidates are curve-dex (Ethereum), 0.14% APY, $125.9K TVL, https://www.defi.garden/?pool=1863bcee-a2ff-44d3-aa59-f81667be97c2&src=seo_token; frax (Ethereum), 2.41% APY, $199K TVL, https://www.defi.garden/?pool=9923e857-30b0-4799-95c1-1ae8821b83fe&src=seo_token; frax (Fraxtal), 0.23% APY, $1.37M TVL, https://www.defi.garden/?pool=80a19d30-a586-44ea-82b0-03cf63290a79&src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
| Rank | Protocol | Chain | APY | TVL |
|---|---|---|---|---|
| 1 | curve-dex → | Ethereum | 0.14% | $125.9K |
| 2 | frax → | Ethereum | 2.41% | $199K |
| 3 | frax → | Fraxtal | 0.23% | $1.37M |
How this rate has behaved
FXS shows up in 3 pools here, with rates from 0.14% to 2.41% APY across 2 chains — the rate depends on which protocol and chain you pick, not just the token.
3 of these 3 pools have a trustworthy 30-day average on file, with a median of 0.15% — a useful check against today's number for whether the rate is steady or just having a good day.
All 3 pools pay a plain base rate right now — no incentive or reward APY mixed in.
3 of 3 pools carry impermanent-loss risk, meaning a two-sided position can lose value against just holding, even while it earns yield.
| Protocol | APY | 30d Mean APY | Yield mix |
|---|---|---|---|
| frax | 0.23% | 0.15% | Base rate |
| frax | 2.41% | 3.64% | Base rate |
| curve-dex | 0.14% | 0.07% | Base rate |
The 30-day average comes straight from DefiLlama and only appears when it passes the same sanity rail as every other number on this page — a dash means it didn't clear that bar, not that it's being hidden. Every pool here already clears a $100K minimum TVL. Rates move daily, so treat this as a snapshot, not a promise.
Frequently asked questions
What's the highest FXS yield today?
2.41% APY on frax (Ethereum), based on live DefiLlama data.
How many FXS pools clear the TVL floor?
4 live pools clear this page's $100K TVL floor, $1.86M in total.
Are these rates safe?
Pools listed on this page clear a $100K minimum TVL and exclude anomalous (>1000% APY) rates — that is this page's listing bar, not a safety guarantee. This is education, not financial advice; DeFi carries smart-contract and market risk regardless of the rate shown.
Which FXS pools have the most stable APY history?
Based on APY history only, FXS's lower-variability candidates are curve-dex (Ethereum), 0.14% APY, $125.9K TVL, https://www.defi.garden/?pool=1863bcee-a2ff-44d3-aa59-f81667be97c2&src=seo_token; frax (Ethereum), 2.41% APY, $199K TVL, https://www.defi.garden/?pool=9923e857-30b0-4799-95c1-1ae8821b83fe&src=seo_token; frax (Fraxtal), 0.23% APY, $1.37M TVL, https://www.defi.garden/?pool=80a19d30-a586-44ea-82b0-03cf63290a79&src=seo_token. This comparison does not measure protocol, exploit, depeg, liquidity, governance, or principal-loss risk.
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Yields are live from DefiLlama. Pools on this page clear a $100K minimum TVL and exclude anomalous rates — that's this page's listing bar, not a safety guarantee. Education only, not financial advice.
Last updated September 2, 2026
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