Convert Backed IBTA $ Treasury Bond 1-3yr BIBTA to IDEX IDEX
1 BIBTA converts to 3,886.27 IDEX
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About BIBTA and IDEX
Backed IBTA $ Treasury Bond 1-3yr is climbing, while IDEX is falling this week. The current BIBTA to IDEX conversion rate is 3,886.27. Inversely, this means that if you convert 1 IDEX you will get 0.0002573 BIBTA. The conversion rate of BIBTA/IDEX has decreased by 0% in the last hour (IDEX/BIBTA increased by 0%). In the last 24 hours, BIBTA/IDEX grew by 0.32%, while IDEX/BIBTA shrunk by the same amount.
The exchange rate of Backed IBTA $ Treasury Bond 1-3yr is increasing. The current value of 1 BIBTA is 3,886.27 IDEX. In other words, to buy 5 Backed IBTA $ Treasury Bond 1-3yr, it would cost you 19,431.37 IDEX. Inversely, 1 IDEX would allow you to trade for 0.0002573 BIBTA while 50 IDEX would convert to 0.01287 BIBTA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.65%. Meanwhile, in the last 24 hours, the rate has changed by 0.97%, and that the highest exchange rate of 1 BIBTA to IDEX was 4,217.02 IDEX and the lowest 24 hour value was 1 BIBTA for 3,237.37 IDEX. Last month, 1 BIBTA was worth 2,615.64 IDEX. Today, it's up 32.7%. Looking back a year, Backed IBTA $ Treasury Bond 1-3yr has changed by 280.34 IDEX. That means that in a single year, the value of Backed IBTA $ Treasury Bond 1-3yr has grown by 92.79%.
Backed IBTA $ Treasury Bond 1-3yr 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 bIBTA tracks the iShares $ Treasury Bond 1-3yr UCITS ETF, aiming to reflect an index of USD bonds by the US Treasury with 1-3yr maturities. 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
BIBTA to IDEX values from Today at 7:03 am
0.5 BIBTA = 1,943.14 IDEX |
1 BIBTA = 3,886.27 IDEX |
5 BIBTA = 19,431.37 IDEX |
10 BIBTA = 38,862.75 IDEX |
50 BIBTA = 194,313.73 IDEX |
100 BIBTA = 388,627.45 IDEX |
500 BIBTA = 1,943,137.25 IDEX |
1,000 BIBTA = 3,886,274.51 IDEX |
IDEX to BIBTA values from Today at 7:03 am
0.5 IDEX = 0.0001287 BIBTA |
1 IDEX = 0.0002573 BIBTA |
5 IDEX = 0.001287 BIBTA |
10 IDEX = 0.002573 BIBTA |
50 IDEX = 0.01287 BIBTA |
100 IDEX = 0.02573 BIBTA |
500 IDEX = 0.1287 BIBTA |
1,000 IDEX = 0.2573 BIBTA |
BIBTA to IDEX over time
BIBTA | Today | 24H 0.97% | 1M 32.70% | 1Y 92.79% |
|---|---|---|---|---|
0.5 BIBTA | 1,943.14 IDEX | 1,924.27 IDEX | 1,307.82 IDEX | 140.17 IDEX |
1 BIBTA | 3,886.27 IDEX | 3,848.54 IDEX | 2,615.64 IDEX | 280.34 IDEX |
5 BIBTA | 19,431.37 IDEX | 19,242.72 IDEX | 13,078.19 IDEX | 1,401.71 IDEX |
10 BIBTA | 38,862.75 IDEX | 38,485.44 IDEX | 26,156.39 IDEX | 2,803.41 IDEX |
50 BIBTA | 194,313.73 IDEX | 192,427.18 IDEX | 130,781.94 IDEX | 14,017.07 IDEX |
100 BIBTA | 388,627.45 IDEX | 384,854.37 IDEX | 261,563.88 IDEX | 28,034.15 IDEX |
500 BIBTA | 1,943,137.25 IDEX | 1,924,271.84 IDEX | 1,307,819.38 IDEX | 140,170.73 IDEX |
1,000 BIBTA | 3,886,274.51 IDEX | 3,848,543.69 IDEX | 2,615,638.77 IDEX | 280,341.46 IDEX |
Frequently asked questions
Right now, 1 Backed IBTA $ Treasury Bond 1-3yr is worth about $5.95.
Based on the current rate, you could get 0.1682 BIBTA for 1 USD.
You can use our BIBTA to USD calculator at the top of this page to convert any amount of BIBTA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.8409 BIBTA. Inversely, 5 BIBTA will cost about $29.73
Backed IBTA $ Treasury Bond 1-3yr can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Backed IBTA $ Treasury Bond 1-3yr.
There are a number of crypto assets that have the a similar or comparable market cap to Backed IBTA $ Treasury Bond 1-3yr, including Lympo, Aave, and VIBE. For a more robust list of assets to explore, jump to the asset page dedicated to Backed IBTA $ Treasury Bond 1-3yr.
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