Convert Frax (prev. FXS) FXS to Superstate Short Duration U.S. Government Securities Fund (USTB) USTB
FXS to USTB: 1 Frax (prev. FXS) converts to 0.02469 USTB
About FXS and USTB
Frax (prev. FXS) is falling, while Superstate Short Duration U.S. Government Securities Fund (USTB) is climbing this week. The current FXS to USTB conversion rate is 0.02469. Inversely, this means that if you convert 1 USTB you will get 40.50 FXS. The conversion rate of FXS/USTB has increased by 0.1% in the last hour (USTB/FXS decreased by 0.1%). In the last 24 hours, FXS/USTB shrunk by 3.43%, while USTB/FXS grew by the same amount.
The exchange rate of Frax (prev. FXS) is decreasing. The current value of 1 FXS is 0.02469 USTB. In other words, to buy 5 Frax (prev. FXS), it would cost you 0.12345 USTB. Inversely, 1 USTB would allow you to trade for 40.50 FXS while 50 USTB would convert to 2,025.04 FXS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 27.87%. Meanwhile, in the last 24 hours, the rate has changed by 3.45%, and that the highest exchange rate of 1 FXS to USTB was 0.02563 USTB and the lowest 24 hour value was 1 FXS for 0.02435 USTB. Last month, 1 FXS was worth 0.04496 USTB. Today, it's down 82.09%. Looking back a year, Frax (prev. FXS) has changed by 0.2711 USTB. That means that in a single year, the value of Frax (prev. FXS) has shrank by 997.79%.
Frax (prev. FXS) Market Stats
Frax (prev. FXS) (FRAX) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Frax (prev. FXS) has a current supply of 99,681,495.59113361 with 95,514,241.02269961 in circulation. The last known price of Frax (prev. FXS) is 0.39405901 USD and is up 0.31 over the last 24 hours. It is currently trading on 337 active market(s) with $377,981.88 traded over the last 24 hours.
Superstate Short Duration U.S. Government Securities Fund (USTB) Market Stats
USTB’s innovative structure and partnership with established service providers breaks new ground in the private funds space. The fund invests in short duration U.S. Treasury and U.S. Agency securities, targeting the federal funds rate, with a 0.15% management fee.1 Accepted U.S. Qualified Purchasers are able to subscribe to and redeem from the Fund using USDC2 at a daily NAV which is calculated by NAV Consulting. USTB’s Ethereum-based Allowlist enables on-chain ownership, transfer, and compliance. Additionally in the future, it is likely that peer-to-peer transactions will be possible, subject to applicable restrictions. The Fund’s flexibility carries through to custody; investors can self-custody USTB in the on-chain addresses of their choice, such as an EOA, multi-sig, or MPC wallet. Additionally, investors can choose to utilize Anchorage Digital Bank National Association, a custodian and federally chartered bank, or BitGo, a qualified custodian and New York state chartered trust. Superstate, an Exempt Reporting Adviser, serves as the Fund’s investment manager, with Federated Hermes serving as the Fund’s sub-advisor. USTB is a series of a Delaware Trust, which is legally separate from Superstate. For more Fund details, please consult the USTB information page. USTB marks the start of our mission to tokenize the world’s assets. We’re committed to developing regulated, modern investing products that enhance investment opportunities for institutions, and, ultimately, all investors.
Conversion tables
FXS to USTB values from Today at 7:53 pm
0.5 FXS = 0.01235 USTB |
1 FXS = 0.02469 USTB |
5 FXS = 0.1235 USTB |
10 FXS = 0.2469 USTB |
50 FXS = 1.23 USTB |
100 FXS = 2.47 USTB |
500 FXS = 12.35 USTB |
1,000 FXS = 24.69 USTB |
USTB to FXS values from Today at 7:55 pm
0.5 USTB = 20.25 FXS |
1 USTB = 40.50 FXS |
5 USTB = 202.50 FXS |
10 USTB = 405.01 FXS |
50 USTB = 2,025.04 FXS |
100 USTB = 4,050.08 FXS |
500 USTB = 20,250.42 FXS |
1,000 USTB = 40,500.83 FXS |
FXS to USTB over time
FXS | Today | 24H -3.45% | 1M -82.09% | 1Y -997.79% |
|---|---|---|---|---|
0.5 FXS | 0.01235 USTB | 0.01277 USTB | 0.02248 USTB | 0.1355 USTB |
1 FXS | 0.02469 USTB | 0.02554 USTB | 0.04496 USTB | 0.2711 USTB |
5 FXS | 0.1235 USTB | 0.1277 USTB | 0.2248 USTB | 1.36 USTB |
10 FXS | 0.2469 USTB | 0.2554 USTB | 0.4496 USTB | 2.71 USTB |
50 FXS | 1.23 USTB | 1.28 USTB | 2.25 USTB | 13.55 USTB |
100 FXS | 2.47 USTB | 2.55 USTB | 4.50 USTB | 27.11 USTB |
500 FXS | 12.35 USTB | 12.77 USTB | 22.48 USTB | 135.53 USTB |
1,000 FXS | 24.69 USTB | 25.54 USTB | 44.96 USTB | 271.05 USTB |
Frequently asked questions
Right now, 1 Frax (prev. FXS) is worth about $0.2743.
Based on the current rate, you could get 3.65 FXS for 1 USD.
Frax (prev. FXS) price has been declining. Since yesterday, the exchange rate of Frax (prev. FXS) has decreased. Since last month, the exchange rate of Frax (prev. FXS) has decreased. Since this time last year, the price of Frax (prev. FXS) has decreased.
You can use our FXS to USD calculator at the top of this page to convert any amount of FXS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 18.23 FXS. Inversely, 5 FXS will cost about $1.37
Frax (prev. FXS) can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax (prev. FXS).
There are a number of crypto assets that have the a similar or comparable market cap to Frax (prev. FXS), including iShares Silver Trust Tokenized ETF (Ondo), Hive, and BORA. For a more robust list of assets to explore, jump to the asset page dedicated to Frax (prev. FXS).
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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.