The Top Yields for Frax on Arbitrum Week 4

Samuel McCulloch
Samuel McCulloch
Jan 29, 2024
The Top Yields for Frax on Arbitrum Week 4

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…

This week we have started tracking weekly changes in TVL and APR. We used green and red to track increases or decreases to these stats.

Interesting Weekly Changes

Vaultcraft Deprecates Fraxlend Vaults

Vaultcraft found a bug with their vaults and disabled deposits and claims. We don't have a timeline yet on when the new vaults will be live. No funds are at risk and the new vaults should be live soon. If you have funds in the protocol, your money is safe. Follow Flywheel on Twitter for more info once its announced.

Curve Keeps Growing

According to our data, the Curve frxETH/WETH LP is up 30% and the FRAX/USDC.e LP is up 16% in TVL. These are the largest two pools for Frax on Arbitrum and their continued growth shows how well the STIP is working.

The new FXB pools have also been super hot. The 2026 LP has $1.8m and the 2024 LP has 700k. A huge boost in just 1 week after they were added after launch.

Ramses on the Move

Another big winner for the week is Ramses' frxETH/sfrxETH pool, which increased by 50% to $1.8m TVL. This is a concentrated liquidity pool Ala Uniswap v3.

What's notable about this LP is that its APR has doubled in the past week to 28%, which is the highest for a ETH to ETH pair with more than $100k TVL.

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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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