Convert Backed HIGH € High Yield Corp Bond BHIGH to IDEX IDEX
BHIGH to IDEX: 1 Backed HIGH € High Yield Corp Bond converts to 7,644.62 IDEX
About BHIGH and IDEX
Backed HIGH € High Yield Corp Bond is falling, while IDEX is climbing this week. The current BHIGH to IDEX conversion rate is 7,644.62. Inversely, this means that if you convert 1 IDEX you will get 0.0001308 BHIGH. The conversion rate of BHIGH/IDEX has decreased by 2.56% in the last hour (IDEX/BHIGH increased by 2.56%). In the last 24 hours, BHIGH/IDEX shrunk by 4.32%, while IDEX/BHIGH grew by the same amount.
The exchange rate of Backed HIGH € High Yield Corp Bond is decreasing. The current value of 1 BHIGH is 7,644.62 IDEX. In other words, to buy 5 Backed HIGH € High Yield Corp Bond, it would cost you 38,223.11 IDEX. Inversely, 1 IDEX would allow you to trade for 0.0001308 BHIGH while 50 IDEX would convert to 0.006541 BHIGH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.11%. Meanwhile, in the last 24 hours, the rate has changed by 4.27%, and that the highest exchange rate of 1 BHIGH to IDEX was 8,448.51 IDEX and the lowest 24 hour value was 1 BHIGH for 7,398.38 IDEX. Last month, 1 BHIGH was worth 9,979.68 IDEX. Today, it's down 30.55%. Looking back a year, Backed HIGH € High Yield Corp Bond has changed by 291.99 IDEX. That means that in a single year, the value of Backed HIGH € High Yield Corp Bond has grown by 96.18%.
Backed HIGH € High Yield Corp Bond Market Stats
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bHIGH tracks the iShares € High Yield Corp Bond UCITS ETF, representing an index of Euro-denominated high yield corporate bonds. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)
IDEX Market Stats
IDEX is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.
Conversion tables
BHIGH to IDEX values from Today at 1:19 am
0.5 BHIGH = 3,822.31 IDEX |
1 BHIGH = 7,644.62 IDEX |
5 BHIGH = 38,223.11 IDEX |
10 BHIGH = 76,446.22 IDEX |
50 BHIGH = 382,231.10 IDEX |
100 BHIGH = 764,462.21 IDEX |
500 BHIGH = 3,822,311.04 IDEX |
1,000 BHIGH = 7,644,622.08 IDEX |
IDEX to BHIGH values from Today at 1:17 am
0.5 IDEX = 0.00006541 BHIGH |
1 IDEX = 0.0001308 BHIGH |
5 IDEX = 0.0006541 BHIGH |
10 IDEX = 0.001308 BHIGH |
50 IDEX = 0.006541 BHIGH |
100 IDEX = 0.01308 BHIGH |
500 IDEX = 0.06541 BHIGH |
1,000 IDEX = 0.1308 BHIGH |
BHIGH to IDEX over time
BHIGH | Today | 24H -4.27% | 1M -30.55% | 1Y 96.18% |
|---|---|---|---|---|
0.5 BHIGH | 3,822.31 IDEX | 3,985.50 IDEX | 4,989.84 IDEX | 146.00 IDEX |
1 BHIGH | 7,644.62 IDEX | 7,971.00 IDEX | 9,979.68 IDEX | 291.99 IDEX |
5 BHIGH | 38,223.11 IDEX | 39,855.01 IDEX | 49,898.40 IDEX | 1,459.97 IDEX |
10 BHIGH | 76,446.22 IDEX | 79,710.02 IDEX | 99,796.81 IDEX | 2,919.94 IDEX |
50 BHIGH | 382,231.10 IDEX | 398,550.09 IDEX | 498,984.03 IDEX | 14,599.69 IDEX |
100 BHIGH | 764,462.21 IDEX | 797,100.17 IDEX | 997,968.05 IDEX | 29,199.38 IDEX |
500 BHIGH | 3,822,311.04 IDEX | 3,985,500.87 IDEX | 4,989,840.26 IDEX | 145,996.88 IDEX |
1,000 BHIGH | 7,644,622.08 IDEX | 7,971,001.75 IDEX | 9,979,680.52 IDEX | 291,993.77 IDEX |
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