Convert Frax USD FRXUSD to Wrapped Bitcoin WBTC
FRXUSD to WBTC: 1 Frax USD converts to 0.00001241 WBTC
About FRXUSD and WBTC
Frax USD is falling, while Wrapped Bitcoin is climbing this week. The current FRXUSD to WBTC conversion rate is 0.00001241. Inversely, this means that if you convert 1 WBTC you will get 80,610.02 FRXUSD. The conversion rate of FRXUSD/WBTC has increased by 0.21% in the last hour (WBTC/FRXUSD decreased by 0.21%). In the last 24 hours, FRXUSD/WBTC shrunk by 4.52%, while WBTC/FRXUSD grew by the same amount.
The exchange rate of Frax USD is decreasing. The current value of 1 FRXUSD is 0.00001241 WBTC. In other words, to buy 5 Frax USD, it would cost you 0.00006203 WBTC. Inversely, 1 WBTC would allow you to trade for 80,610.02 FRXUSD while 50 WBTC would convert to 4,030,500.91 FRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.82%. Meanwhile, in the last 24 hours, the rate has changed by 4.62%, and that the highest exchange rate of 1 FRXUSD to WBTC was 0.00001301 WBTC and the lowest 24 hour value was 1 FRXUSD for 0.00001236 WBTC. Last month, 1 FRXUSD was worth 0.00001563 WBTC. Today, it's down 25.96%. Looking back a year, Frax USD has changed by 0.000008934 WBTC. That means that in a single year, the value of Frax USD has grown by 27.98%.
Frax USD Market Stats
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
FRXUSD to WBTC values from Today at 3:47 am
0.5 FRXUSD = 0.000006203 WBTC |
1 FRXUSD = 0.00001241 WBTC |
5 FRXUSD = 0.00006203 WBTC |
10 FRXUSD = 0.0001241 WBTC |
50 FRXUSD = 0.0006203 WBTC |
100 FRXUSD = 0.001241 WBTC |
500 FRXUSD = 0.006203 WBTC |
1,000 FRXUSD = 0.01241 WBTC |
WBTC to FRXUSD values from Today at 3:47 am
0.5 WBTC = 40,305.01 FRXUSD |
1 WBTC = 80,610.02 FRXUSD |
5 WBTC = 403,050.09 FRXUSD |
10 WBTC = 806,100.18 FRXUSD |
50 WBTC = 4,030,500.91 FRXUSD |
100 WBTC = 8,061,001.82 FRXUSD |
500 WBTC = 40,305,009.11 FRXUSD |
1,000 WBTC = 80,610,018.23 FRXUSD |
FRXUSD to WBTC over time
FRXUSD | Today | 24H -4.62% | 1M -25.96% | 1Y 27.98% |
|---|---|---|---|---|
0.5 FRXUSD | 0.000006203 WBTC | 0.000006489 WBTC | 0.000007813 WBTC | 0.000004467 WBTC |
1 FRXUSD | 0.00001241 WBTC | 0.00001298 WBTC | 0.00001563 WBTC | 0.000008934 WBTC |
5 FRXUSD | 0.00006203 WBTC | 0.00006489 WBTC | 0.00007813 WBTC | 0.00004467 WBTC |
10 FRXUSD | 0.0001241 WBTC | 0.0001298 WBTC | 0.0001563 WBTC | 0.00008934 WBTC |
50 FRXUSD | 0.0006203 WBTC | 0.0006489 WBTC | 0.0007813 WBTC | 0.0004467 WBTC |
100 FRXUSD | 0.001241 WBTC | 0.001298 WBTC | 0.001563 WBTC | 0.0008934 WBTC |
500 FRXUSD | 0.006203 WBTC | 0.006489 WBTC | 0.007813 WBTC | 0.004467 WBTC |
1,000 FRXUSD | 0.01241 WBTC | 0.01298 WBTC | 0.01563 WBTC | 0.008934 WBTC |
Frequently asked questions
Right now, 1 Frax USD is worth about $0.9997.
Based on the current rate, you could get 1.00 FRXUSD for 1 USD.
Frax USD price has been declining. Since yesterday, the exchange rate of Frax USD has decreased. Since last month, the exchange rate of Frax USD has increased. Since this time last year, the price of Frax USD has decreased.
You can use our FRXUSD to USD calculator at the top of this page to convert any amount of FRXUSD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 FRXUSD. Inversely, 5 FRXUSD will cost about $5.00
Frax USD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax USD.
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