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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About BMMF and SD
Balsa MM Fund is falling, while Stader is climbing this week. The current BMMF to SD conversion rate is 0.6921. Inversely, this means that if you convert 1 SD you will get 1.44 BMMF. The conversion rate of BMMF/SD has decreased by 0.79% in the last hour (SD/BMMF increased by 0.79%). In the last 24 hours, BMMF/SD shrunk by 5.47%, while SD/BMMF grew by the same amount.
The exchange rate of Balsa MM Fund is decreasing. The current value of 1 BMMF is 0.6921 SD. In other words, to buy 5 Balsa MM Fund, it would cost you 3.4603 SD. Inversely, 1 SD would allow you to trade for 1.44 BMMF while 50 SD would convert to 72.25 BMMF, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.34%. Meanwhile, in the last 24 hours, the rate has changed by 5.02%, and that the highest exchange rate of 1 BMMF to SD was 0.7284 SD and the lowest 24 hour value was 1 BMMF for 0.6877 SD. Last month, 1 BMMF was worth 0.772 SD. Today, it's down 11.56%. Looking back a year, Balsa MM Fund has changed by 0.1164 SD. That means that in a single year, the value of Balsa MM Fund has grown by 83.18%.
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.
Stader Market Stats
Stader enables liquid staking across multiple chains. SD enables holders to participate in Stader governance and become ETHx node operators. SD holders can earn SD rewards by providing liquidity to Stader LSTs or by locking SD tokens as collateral to become ETHx node operators.
Conversion tables
BMMF to SD values from Today at 1:39 pm
0.5 BMMF = 0.346 SD |
1 BMMF = 0.6921 SD |
5 BMMF = 3.46 SD |
10 BMMF = 6.92 SD |
50 BMMF = 34.60 SD |
100 BMMF = 69.21 SD |
500 BMMF = 346.03 SD |
1,000 BMMF = 692.06 SD |
SD to BMMF values from Today at 1:36 pm
0.5 SD = 0.7225 BMMF |
1 SD = 1.44 BMMF |
5 SD = 7.22 BMMF |
10 SD = 14.45 BMMF |
50 SD = 72.25 BMMF |
100 SD = 144.50 BMMF |
500 SD = 722.48 BMMF |
1,000 SD = 1,444.96 BMMF |
BMMF to SD over time
BMMF | Today | 24H -5.02% | 1M -11.56% | 1Y 83.18% |
|---|---|---|---|---|
0.5 BMMF | 0.346 SD | 0.3634 SD | 0.386 SD | 0.05819 SD |
1 BMMF | 0.6921 SD | 0.7268 SD | 0.772 SD | 0.1164 SD |
5 BMMF | 3.46 SD | 3.63 SD | 3.86 SD | 0.5819 SD |
10 BMMF | 6.92 SD | 7.27 SD | 7.72 SD | 1.16 SD |
50 BMMF | 34.60 SD | 36.34 SD | 38.60 SD | 5.82 SD |
100 BMMF | 69.21 SD | 72.68 SD | 77.20 SD | 11.64 SD |
500 BMMF | 346.03 SD | 363.40 SD | 386.02 SD | 58.19 SD |
1,000 BMMF | 692.06 SD | 726.79 SD | 772.05 SD | 116.38 SD |
Frequently asked questions
Right now, 1 Balsa MM Fund is worth about $0.08369.
Based on the current rate, you could get 11.95 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 59.74 BMMF. Inversely, 5 BMMF will cost about $0.4184
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 Strategic Bitcoin Reserve, RareFriends, and POOLED. 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.