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About BMMF and L3
Balsa MM Fund is climbing, while Layer3 is falling this week. The current BMMF to L3 conversion rate is 12.39. Inversely, this means that if you convert 1 L3 you will get 0.08074 BMMF. The conversion rate of BMMF/L3 has increased by 0.67% in the last hour (L3/BMMF decreased by 0.67%). In the last 24 hours, BMMF/L3 grew by 2.09%, while L3/BMMF shrunk by the same amount.
The exchange rate of Balsa MM Fund is increasing. The current value of 1 BMMF is 12.39 L3. In other words, to buy 5 Balsa MM Fund, it would cost you 61.93 L3. Inversely, 1 L3 would allow you to trade for 0.08074 BMMF while 50 L3 would convert to 4.04 BMMF, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.93%. Meanwhile, in the last 24 hours, the rate has changed by 1.6%, which means that the highest exchange rate of 1 BMMF to L3 was 12.74 L3 and the lowest 24 hour value was 1 BMMF for 12.06 L3. Last month, 1 BMMF was worth 7.60 L3. Today, it's up 38.64%. Looking back a year, Balsa MM Fund has changed by 1.36 L3. That means that in a single year, the value of Balsa MM Fund has grown by 89.06%.
Balsa MM Fund Market Stats
BMMF (Balsa Market Making Fund) is a tokenized market-making fund designed to provide investors with delta-neutral trading exposure through algorithmic strategies. Focused on arbitrage opportunities in the Turkish crypto market—particularly USDT/TRY FX spread arbitrage—BMMF leverages advanced trading models to ensure 24/7 liquidity and consistent returns with minimized risk. The fund capitalizes on inefficiencies between USD stablecoins (such as USDT) and USD/TRY FX rates, offering institutional-grade investment access with full transparency and security.
Layer3 Market Stats
Layer3 is a platform that connects users and blockchain ecosystems, offering tools for identity management, incentives, and interoperability across multiple chains. Layer3’s native token, L3, can be used to participate in protocol governance and earn staking rewards.
Conversion tables
BMMF to L3 values from Today at 9:38 pm
0.5 BMMF = 6.19 L3 |
1 BMMF = 12.39 L3 |
5 BMMF = 61.93 L3 |
10 BMMF = 123.86 L3 |
50 BMMF = 619.29 L3 |
100 BMMF = 1,238.58 L3 |
500 BMMF = 6,192.92 L3 |
1,000 BMMF = 12,385.83 L3 |
L3 to BMMF values from Today at 9:39 pm
0.5 L3 = 0.04037 BMMF |
1 L3 = 0.08074 BMMF |
5 L3 = 0.4037 BMMF |
10 L3 = 0.8074 BMMF |
50 L3 = 4.04 BMMF |
100 L3 = 8.07 BMMF |
500 L3 = 40.37 BMMF |
1,000 L3 = 80.74 BMMF |
BMMF to L3 over time
BMMF | Today | 24H 1.60% | 1M 38.64% | 1Y 89.06% |
|---|---|---|---|---|
0.5 BMMF | 6.19 L3 | 6.09 L3 | 3.80 L3 | 0.6776 L3 |
1 BMMF | 12.39 L3 | 12.19 L3 | 7.60 L3 | 1.36 L3 |
5 BMMF | 61.93 L3 | 60.94 L3 | 38.00 L3 | 6.78 L3 |
10 BMMF | 123.86 L3 | 121.88 L3 | 76.00 L3 | 13.55 L3 |
50 BMMF | 619.29 L3 | 609.38 L3 | 379.99 L3 | 67.76 L3 |
100 BMMF | 1,238.58 L3 | 1,218.75 L3 | 759.97 L3 | 135.53 L3 |
500 BMMF | 6,192.92 L3 | 6,093.76 L3 | 3,799.85 L3 | 677.65 L3 |
1,000 BMMF | 12,385.83 L3 | 12,187.52 L3 | 7,599.70 L3 | 1,355.30 L3 |
Frequently asked questions
Right now, 1 Balsa MM Fund is worth about $0.08373.
Based on the current rate, you could get 11.94 BMMF for 1 USD.
You can use our BMMF to USD calculator at the top of this page to convert any amount of BMMF to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 59.72 BMMF. Inversely, 5 BMMF will cost about $0.4186
Balsa MM Fund can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Balsa MM Fund.
There are a number of crypto assets that have the a similar or comparable market cap to Balsa MM Fund, including Datamine, Lympo, and Bismuth. For a more robust list of assets to explore, jump to the asset page dedicated to Balsa MM Fund.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.