About BSDETH and MKR
Based ETH is climbing, while Maker is falling this week. The current BSDETH to MKR conversion rate is 1.24. Inversely, this means that if you convert 1 MKR you will get 0.8041 BSDETH. The conversion rate of BSDETH/MKR has decreased by 0.37% in the last hour (MKR/BSDETH increased by 0.37%). In the last 24 hours, BSDETH/MKR grew by 2.92%, while MKR/BSDETH shrunk by the same amount.
The exchange rate of Based ETH is increasing. The current value of 1 BSDETH is 1.24 MKR. In other words, to buy 5 Based ETH, it would cost you 6.22 MKR. Inversely, 1 MKR would allow you to trade for 0.8041 BSDETH while 50 MKR would convert to 40.20 BSDETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 15.37%. Meanwhile, in the last 24 hours, the rate has changed by 2.87%, and that the highest exchange rate of 1 BSDETH to MKR was 1.27 MKR and the lowest 24 hour value was 1 BSDETH for 1.18 MKR. Last month, 1 BSDETH was worth 1.36 MKR. Today, it's down 9.22%. Looking back a year, Based ETH has changed by 1.47 MKR. That means that in a single year, the value of Based ETH has shrank by 18.39%.
Based ETH Market Stats
Based ETH is an RToken on the Base L2 whose mandate is to maintain an Ethereum-aligned Liquid Staking Token basket (with a preference for new LST providers) and to provide value to bsdETH holders through yield and diversification. About Reserve Protocol: Reserve is a free, permissionless platform to build, deploy and govern asset-backed currencies referred to as “RTokens.” RTokens are always 1:1 asset-backed, allowing for permissionless minting and redeeming onchain by users without the need for any middlemen. Overcollateralization is provided by RSR governance token stakers. Each RToken can have an entirely different governance system and is governed separately by ecosystem stakers. The Reserve protocol launched on Ethereum mainnet in October 2022, on Base L2 in October 2023, and completed its seventh audit in November 2023.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
BSDETH to MKR values from Today at 2:38 pm
0.5 BSDETH = 0.6218 MKR |
1 BSDETH = 1.24 MKR |
5 BSDETH = 6.22 MKR |
10 BSDETH = 12.44 MKR |
50 BSDETH = 62.18 MKR |
100 BSDETH = 124.37 MKR |
500 BSDETH = 621.83 MKR |
1,000 BSDETH = 1,243.67 MKR |
MKR to BSDETH values from Today at 2:36 pm
0.5 MKR = 0.402 BSDETH |
1 MKR = 0.8041 BSDETH |
5 MKR = 4.02 BSDETH |
10 MKR = 8.04 BSDETH |
50 MKR = 40.20 BSDETH |
100 MKR = 80.41 BSDETH |
500 MKR = 402.04 BSDETH |
1,000 MKR = 804.07 BSDETH |
BSDETH to MKR over time
BSDETH | Today | 24H 2.87% | 1M -9.22% | 1Y -18.39% |
|---|---|---|---|---|
0.5 BSDETH | 0.6218 MKR | 0.604 MKR | 0.6792 MKR | 0.7362 MKR |
1 BSDETH | 1.24 MKR | 1.21 MKR | 1.36 MKR | 1.47 MKR |
5 BSDETH | 6.22 MKR | 6.04 MKR | 6.79 MKR | 7.36 MKR |
10 BSDETH | 12.44 MKR | 12.08 MKR | 13.58 MKR | 14.72 MKR |
50 BSDETH | 62.18 MKR | 60.40 MKR | 67.92 MKR | 73.62 MKR |
100 BSDETH | 124.37 MKR | 120.80 MKR | 135.84 MKR | 147.24 MKR |
500 BSDETH | 621.83 MKR | 604.01 MKR | 679.18 MKR | 736.18 MKR |
1,000 BSDETH | 1,243.67 MKR | 1,208.02 MKR | 1,358.36 MKR | 1,472.36 MKR |
Frequently asked questions
Right now, 1 Based ETH is worth about $1,678.59.
Based on the current rate, you could get 0.0005957 BSDETH for 1 USD.
Based ETH price has been declining. Since yesterday, the exchange rate of Based ETH has decreased. Since last month, the exchange rate of Based ETH has decreased. Since this time last year, the price of Based ETH has decreased.
You can use our BSDETH to USD calculator at the top of this page to convert any amount of BSDETH to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.002979 BSDETH. Inversely, 5 BSDETH will cost about $8,392.95
Based ETH can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Based ETH.
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