The Top Yields for Frax on Arbitrum Week 12

Samuel McCulloch
Samuel McCulloch
March 25, 2024
The Top Yields for Frax on Arbitrum Week 12

What is the Arbitrum STIP?

The STIP is a 3 month incentive program voted on by the Arbitrum DAO to bring renewed interest, attract new users, and build liquidity across all the decentralized apps that call Arbitrum home.

Frax requested 1.5m ARB from a total of 50m to increase liquidity for all of its products and assets. The Arbitrum DAO voted heavily in favor to include Frax in this program.

Read more about Frax's involvement in STIP

Exclusive First Look: How Frax is Allocating Its STIP Funds on Arbitrum
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What Opportunities are there for Frax on Arbitrum?

Flywheel has aggregated all the incentivized pools in a handy spreadsheet. Use it to track APRs, TVL, and find links to all the DApps.

Frax Fianace STIP Incentives
Arbitrum Pools Token,LP Pair,Link,Jan 22 APR Unboosted,Jan 22 APR Boosted,APR Change,Jan 22 TVL (Thousands),TVL Change,Jan 15 APR Unboosted,Jan 15 APR Boosted,APR Change,Jan 15 TVL (Thousands),TVL Change,Jan 8 APR Unboosted,Jan 8 APR Boosted,Jan 8 TVL (Thousands),Pair,Type,Pool,Gauge sfrxETH,CDP…

Weekly changes in TVL and APR are shown in green and red to track increases or decreases to these stats.

Interesting Weekly Changes

While the STIP is almost run its course over these last 3 months, yields are still high across the board for several protocols. Let's take a look at the top yields.

The best ratio of size to yield is with the core staking options offered through Frax and Convex. The FRAXBP has over $9m in TVL and is currently paying 72% fully boosted for a 3 year lock. FXB2026 has near $5m and is yielding 142% max boosted, and USD+FRAXBP is topping our charts at 175%.

We haven't mentioned Merkel in a while, but it's got a great opportunity for yield on frxETH-svETH that yields 75% with 275k TVL. Merkle requires you to stake through one of their providers using Uniswap v3 style pools, and then based on your deposits, they distribute rewards to you weekly.

The Ramses CL-frxETH/rsETH LP currently has 288k TVL and is offering 600% APR for the two ETH pairs. This is the highest for ETH at the moment and tops our list today.

The top yielding stablecoin pool for FRAX is CL FRAX/USDC and its earning near 5000%, however the TVL is only 35k currently.

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Not financial advice. Flywheel content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.

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