Convert Spiko EU T-Bills Money Market Fund EUTBL to Staked Frax USD SFRXUSD
EUTBL to SFRXUSD: 1 Spiko EU T-Bills Money Market Fund converts to 0.9618 SFRXUSD
About EUTBL and SFRXUSD
Spiko EU T-Bills Money Market Fund is falling, while Staked Frax USD is climbing this week. The current EUTBL to SFRXUSD conversion rate is 0.9618. Inversely, this means that if you convert 1 SFRXUSD you will get 1.04 EUTBL. The conversion rate of EUTBL/SFRXUSD has decreased by 1.28% in the last hour (SFRXUSD/EUTBL increased by 1.29%). In the last 24 hours, EUTBL/SFRXUSD shrunk by 1.13%, while SFRXUSD/EUTBL grew by 1.14%.
The exchange rate of Spiko EU T-Bills Money Market Fund is decreasing. The current value of 1 EUTBL is 0.9618 SFRXUSD. In other words, to buy 5 Spiko EU T-Bills Money Market Fund, it would cost you 4.8091 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 1.04 EUTBL while 50 SFRXUSD would convert to 51.98 EUTBL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.72%. Meanwhile, in the last 24 hours, the rate has changed by 1.13%, and that the highest exchange rate of 1 EUTBL to SFRXUSD was 0.9749 SFRXUSD and the lowest 24 hour value was 1 EUTBL for 0.9509 SFRXUSD. Last month, 1 EUTBL was worth 0.9914 SFRXUSD. Today, it's down 2.98%. Looking back a year, Spiko EU T-Bills Money Market Fund has changed by 1.03 SFRXUSD. That means that in a single year, the value of Spiko EU T-Bills Money Market Fund has shrank by 6.91%.
Spiko EU T-Bills Money Market Fund Market Stats
Spiko EU T-Bills Money Market Fund is a fully-licensed EUR money market fund operating under the EU regulatory framework. It only invests in Treasury Bills issued by the strongest Eurozone Member States with less than 6 months maturity and keeps its maximum average portfolio maturity under 2 months.
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
EUTBL to SFRXUSD values from Today at 8:53 pm
0.5 EUTBL = 0.4809 SFRXUSD |
1 EUTBL = 0.9618 SFRXUSD |
5 EUTBL = 4.81 SFRXUSD |
10 EUTBL = 9.62 SFRXUSD |
50 EUTBL = 48.09 SFRXUSD |
100 EUTBL = 96.18 SFRXUSD |
500 EUTBL = 480.91 SFRXUSD |
1,000 EUTBL = 961.82 SFRXUSD |
SFRXUSD to EUTBL values from Today at 8:51 pm
0.5 SFRXUSD = 0.5198 EUTBL |
1 SFRXUSD = 1.04 EUTBL |
5 SFRXUSD = 5.20 EUTBL |
10 SFRXUSD = 10.40 EUTBL |
50 SFRXUSD = 51.98 EUTBL |
100 SFRXUSD = 103.97 EUTBL |
500 SFRXUSD = 519.85 EUTBL |
1,000 SFRXUSD = 1,039.69 EUTBL |
EUTBL to SFRXUSD over time
EUTBL | Today | 24H -1.14% | 1M -3.08% | 1Y -7.42% |
|---|---|---|---|---|
0.5 EUTBL | 0.4809 SFRXUSD | 0.4864 SFRXUSD | 0.4957 SFRXUSD | 0.5166 SFRXUSD |
1 EUTBL | 0.9618 SFRXUSD | 0.9728 SFRXUSD | 0.9914 SFRXUSD | 1.03 SFRXUSD |
5 EUTBL | 4.81 SFRXUSD | 4.86 SFRXUSD | 4.96 SFRXUSD | 5.17 SFRXUSD |
10 EUTBL | 9.62 SFRXUSD | 9.73 SFRXUSD | 9.91 SFRXUSD | 10.33 SFRXUSD |
50 EUTBL | 48.09 SFRXUSD | 48.64 SFRXUSD | 49.57 SFRXUSD | 51.66 SFRXUSD |
100 EUTBL | 96.18 SFRXUSD | 97.28 SFRXUSD | 99.14 SFRXUSD | 103.32 SFRXUSD |
500 EUTBL | 480.91 SFRXUSD | 486.39 SFRXUSD | 495.70 SFRXUSD | 516.59 SFRXUSD |
1,000 EUTBL | 961.82 SFRXUSD | 972.78 SFRXUSD | 991.41 SFRXUSD | 1,033.17 SFRXUSD |
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