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About FBTC and RED
Function is falling, while Redstone is climbing this week. The current FBTC to RED conversion rate is 657,519.85. Inversely, this means that if you convert 1 RED you will get 0.000001521 FBTC. The conversion rate of FBTC/RED has increased by 0.29% in the last hour (RED/FBTC decreased by 0.29%). In the last 24 hours, FBTC/RED shrunk by 2.21%, while RED/FBTC grew by the same amount.
The exchange rate of Function is decreasing. The current value of 1 FBTC is 657,519.85 RED. In other words, to buy 5 Function, it would cost you 3,287,599.24 RED. Inversely, 1 RED would allow you to trade for 0.000001521 FBTC while 50 RED would convert to 0.00007604 FBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.69%. Meanwhile, in the last 24 hours, the rate has changed by 2.16%, which means that the highest exchange rate of 1 FBTC to RED was 682,149.78 RED and the lowest 24 hour value was 1 FBTC for 641,252.95 RED. Last month, 1 FBTC was worth 541,300.80 RED. Today, it's up 17.68%. Looking back a year, Function has changed by 357,752.13 RED. That means that in a single year, the value of Function has grown by 45.59%.
Function Market Stats
Function is building the financial infrastructure that makes Bitcoin productive, unlocking yield, liquidity, and capital efficiency for holders across DeFi and traditional finance. FBTC turns Bitcoin into an asset that works. FBTC represents the first omnichain Bitcoin yield asset, enabling BTC holders to participate in structured, risk-managed and programmatic yield strategies. FBTC is fully backed on a 1:1 basis with BTC, Bitcoin Reserve Address List is public and can be verified at any time. FBTC combines the security of Bitcoin reserves with the flexibility of smart contracts, creating a secure and efficient bridge between the Bitcoin network and modern DeFi protocols. FBTC turns idle BTC into a functional and productive asset. The primary purpose of FBTC is to bring native Bitcoin liquidity into DeFi. Enabling Bitcoin holders to access a wide range of yield generating strategies, without having to sell their BTC. This not only enhances the utility of BTC but also allows holders to earn returns on their assets, making FBTC a powerful tool for maximizing the potential of Bitcoin in the DeFi ecosystem
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Conversion tables
FBTC to RED values from Today at 12:34 pm
0.5 FBTC = 328,759.92 RED |
1 FBTC = 657,519.85 RED |
5 FBTC = 3,287,599.24 RED |
10 FBTC = 6,575,198.48 RED |
50 FBTC = 32,875,992.40 RED |
100 FBTC = 65,751,984.80 RED |
500 FBTC = 328,759,924.02 RED |
1,000 FBTC = 657,519,848.04 RED |
RED to FBTC values from Today at 12:37 pm
0.5 RED = 0.0000007604 FBTC |
1 RED = 0.000001521 FBTC |
5 RED = 0.000007604 FBTC |
10 RED = 0.00001521 FBTC |
50 RED = 0.00007604 FBTC |
100 RED = 0.0001521 FBTC |
500 RED = 0.0007604 FBTC |
1,000 RED = 0.001521 FBTC |
FBTC to RED over time
FBTC | Today | 24H -2.16% | 1M 17.68% | 1Y 45.59% |
|---|---|---|---|---|
0.5 FBTC | 328,759.92 RED | 335,856.29 RED | 270,650.40 RED | 178,876.06 RED |
1 FBTC | 657,519.85 RED | 671,712.58 RED | 541,300.80 RED | 357,752.13 RED |
5 FBTC | 3,287,599.24 RED | 3,358,562.88 RED | 2,706,504.01 RED | 1,788,760.64 RED |
10 FBTC | 6,575,198.48 RED | 6,717,125.75 RED | 5,413,008.03 RED | 3,577,521.27 RED |
50 FBTC | 32,875,992.40 RED | 33,585,628.77 RED | 27,065,040.14 RED | 17,887,606.35 RED |
100 FBTC | 65,751,984.80 RED | 67,171,257.54 RED | 54,130,080.29 RED | 35,775,212.70 RED |
500 FBTC | 328,759,924.02 RED | 335,856,287.68 RED | 270,650,401.45 RED | 178,876,063.50 RED |
1,000 FBTC | 657,519,848.04 RED | 671,712,575.37 RED | 541,300,802.90 RED | 357,752,127.01 RED |
Frequently asked questions
Right now, 1 Function is worth about $63,253.41.
Based on the current rate, you could get 0.00001581 FBTC for 1 USD.
Function price has been on the rise. Since yesterday, the exchange rate of Function has increased. Since last month, the exchange rate of Function has decreased. Since this time last year, the price of Function has decreased.
You can use our FBTC to USD calculator at the top of this page to convert any amount of FBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00007905 FBTC. Inversely, 5 FBTC will cost about $316,267.05
Function can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Function.
There are a number of crypto assets that have the a similar or comparable market cap to Function, including Binance Staked SOL, Jito Staked SOL, and Lombard Staked BTC. For a more robust list of assets to explore, jump to the asset page dedicated to Function.
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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.