Convert Drift Protocol DRIFT to Staked Frax USD SFRXUSD
1 DRIFT converts to 0.01462 SFRXUSD
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About DRIFT and SFRXUSD
Drift Protocol is climbing, while Staked Frax USD is falling this week. The current DRIFT to SFRXUSD conversion rate is 0.01462. Inversely, this means that if you convert 1 SFRXUSD you will get 68.42 DRIFT. The conversion rate of DRIFT/SFRXUSD has increased by 0.01% in the last hour (SFRXUSD/DRIFT decreased by 0.01%). In the last 24 hours, DRIFT/SFRXUSD grew by 0.09%, while SFRXUSD/DRIFT shrunk by the same amount.
The exchange rate of Drift Protocol is increasing. The current value of 1 DRIFT is 0.01462 SFRXUSD. In other words, to buy 5 Drift Protocol, it would cost you 0.07308 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 68.42 DRIFT while 50 SFRXUSD would convert to 3,420.76 DRIFT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 57.33%. Meanwhile, in the last 24 hours, the rate has changed by 0.07%, and that the highest exchange rate of 1 DRIFT to SFRXUSD was 0.01486 SFRXUSD and the lowest 24 hour value was 1 DRIFT for 0.0136 SFRXUSD. Last month, 1 DRIFT was worth 0.03227 SFRXUSD. Today, it's down 120.75%. Looking back a year, Drift Protocol has changed by 0.4153 SFRXUSD. That means that in a single year, the value of Drift Protocol has shrank by 2,741.3%.
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
Staked Frax USD Market Stats
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Conversion tables
DRIFT to SFRXUSD values from Today at 4:04 am
0.5 DRIFT = 0.007308 SFRXUSD |
1 DRIFT = 0.01462 SFRXUSD |
5 DRIFT = 0.07308 SFRXUSD |
10 DRIFT = 0.1462 SFRXUSD |
50 DRIFT = 0.7308 SFRXUSD |
100 DRIFT = 1.46 SFRXUSD |
500 DRIFT = 7.31 SFRXUSD |
1,000 DRIFT = 14.62 SFRXUSD |
SFRXUSD to DRIFT values from Today at 4:01 am
0.5 SFRXUSD = 34.21 DRIFT |
1 SFRXUSD = 68.42 DRIFT |
5 SFRXUSD = 342.08 DRIFT |
10 SFRXUSD = 684.15 DRIFT |
50 SFRXUSD = 3,420.76 DRIFT |
100 SFRXUSD = 6,841.52 DRIFT |
500 SFRXUSD = 34,207.58 DRIFT |
1,000 SFRXUSD = 68,415.17 DRIFT |
DRIFT to SFRXUSD over time
DRIFT | Today | 24H 0.07% | 1M -120.75% | 1Y -2,741.30% |
|---|---|---|---|---|
0.5 DRIFT | 0.007308 SFRXUSD | 0.007303 SFRXUSD | 0.01613 SFRXUSD | 0.2077 SFRXUSD |
1 DRIFT | 0.01462 SFRXUSD | 0.01461 SFRXUSD | 0.03227 SFRXUSD | 0.4153 SFRXUSD |
5 DRIFT | 0.07308 SFRXUSD | 0.07303 SFRXUSD | 0.1613 SFRXUSD | 2.08 SFRXUSD |
10 DRIFT | 0.1462 SFRXUSD | 0.1461 SFRXUSD | 0.3227 SFRXUSD | 4.15 SFRXUSD |
50 DRIFT | 0.7308 SFRXUSD | 0.7303 SFRXUSD | 1.61 SFRXUSD | 20.77 SFRXUSD |
100 DRIFT | 1.46 SFRXUSD | 1.46 SFRXUSD | 3.23 SFRXUSD | 41.53 SFRXUSD |
500 DRIFT | 7.31 SFRXUSD | 7.30 SFRXUSD | 16.13 SFRXUSD | 207.65 SFRXUSD |
1,000 DRIFT | 14.62 SFRXUSD | 14.61 SFRXUSD | 32.27 SFRXUSD | 415.30 SFRXUSD |
Frequently asked questions
Right now, 1 Drift Protocol is worth about $0.0175.
Based on the current rate, you could get 57.14 DRIFT for 1 USD.
You can use our DRIFT to USD calculator at the top of this page to convert any amount of DRIFT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 285.71 DRIFT. Inversely, 5 DRIFT will cost about $0.0875
Drift Protocol is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Drift Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Drift Protocol, including Dolomite, Echelon Prime, and AriaAI. For a more robust list of assets to explore, jump to the asset page dedicated to Drift Protocol.
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