Convert Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund HYBOND to Mountain Protocol USDM
1 HYBOND converts to 1.73 USDM
About HYBOND and USDM
Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund is falling, while Mountain Protocol is climbing this week. The current HYBOND to USDM conversion rate is 1.73. Inversely, this means that if you convert 1 USDM you will get 0.5789 HYBOND. The conversion rate of HYBOND/USDM has increased by 0.02% in the last hour (USDM/HYBOND decreased by 0.02%). In the last 24 hours, HYBOND/USDM shrunk by 0.32%, while USDM/HYBOND grew by the same amount.
The exchange rate of Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund is decreasing. The current value of 1 HYBOND is 1.73 USDM. In other words, to buy 5 Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund, it would cost you 8.64 USDM. Inversely, 1 USDM would allow you to trade for 0.5789 HYBOND while 50 USDM would convert to 28.95 HYBOND, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 100%. Meanwhile, in the last 24 hours, the rate has changed by 0.33%, which means that the highest exchange rate of 1 HYBOND to USDM was 1.74 USDM and the lowest 24 hour value was 1 HYBOND for 1.73 USDM. Last month, 1 HYBOND was worth 0.00 USDM. Today, it's up 100%. Looking back a year, Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund has changed by 0.00 USDM. That means that in a single year, the value of Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund has grown by 100%.
Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund Market Stats
HYBOND is a tokenized bond fund issued by OpenEden Digital Limited, a Bermuda entity licensed by the Bermuda Monetary Authority under the Digital Asset Business Act. The token provides on-chain exposure to BNY Investments' Global Short-Dated High Yield Bond Fund, an actively managed portfolio of short-dated, higher-yielding corporate bonds. HYBOND is issued as an ERC-20 token on Ethereum and BNB Chain, with each token tracking the underlying fund's daily net asset value. Eligible investors subscribe and redeem using USDC through OpenEden's application. Access is permissioned, meaning wallets must complete KYC verification and be whitelisted before they can hold, receive, or transfer the token.
Mountain Protocol Market Stats
The USDM token is a rebasing ERC20 token, redeemable at a pegged 1:1 USD value by primary users. USDM is a fully backed stablecoin, backed by "USDM Reserves", which are held under custody with regulated financial institutions in bankruptcy-remote accounts, segregated from the Company's operating accounts, on behalf of, and for the benefit of, Users. USDM rebases daily, allowing users to receive rewards. These rewards are generated by the interest paid by the US Treasuries held in the USDM Reserves.
Conversion tables
HYBOND to USDM values from Today at 12:05 pm
0.5 HYBOND = 0.8636 USDM |
1 HYBOND = 1.73 USDM |
5 HYBOND = 8.64 USDM |
10 HYBOND = 17.27 USDM |
50 HYBOND = 86.36 USDM |
100 HYBOND = 172.73 USDM |
500 HYBOND = 863.65 USDM |
1,000 HYBOND = 1,727.29 USDM |
USDM to HYBOND values from Today at 12:05 pm
0.5 USDM = 0.2895 HYBOND |
1 USDM = 0.5789 HYBOND |
5 USDM = 2.89 HYBOND |
10 USDM = 5.79 HYBOND |
50 USDM = 28.95 HYBOND |
100 USDM = 57.89 HYBOND |
500 USDM = 289.47 HYBOND |
1,000 USDM = 578.94 HYBOND |
HYBOND to USDM over time
HYBOND | Today | 24H -0.33% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 HYBOND | 0.8636 USDM | 0.8665 USDM | 0.00 USDM | 0.00 USDM |
1 HYBOND | 1.73 USDM | 1.73 USDM | 0.00 USDM | 0.00 USDM |
5 HYBOND | 8.64 USDM | 8.66 USDM | 0.00 USDM | 0.00 USDM |
10 HYBOND | 17.27 USDM | 17.33 USDM | 0.00 USDM | 0.00 USDM |
50 HYBOND | 86.36 USDM | 86.65 USDM | 0.00 USDM | 0.00 USDM |
100 HYBOND | 172.73 USDM | 173.29 USDM | 0.00 USDM | 0.00 USDM |
500 HYBOND | 863.65 USDM | 866.47 USDM | 0.00 USDM | 0.00 USDM |
1,000 HYBOND | 1,727.29 USDM | 1,732.95 USDM | 0.00 USDM | 0.00 USDM |
Frequently asked questions
Right now, 1 Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund is worth about $1.73.
Based on the current rate, you could get 0.5775 HYBOND for 1 USD.
Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund price has been on the rise. Since yesterday, the exchange rate of Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund has increased. Since last month, the exchange rate of Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund has increased. Since this time last year, the price of Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund has increased.
You can use our HYBOND to USD calculator at the top of this page to convert any amount of HYBOND to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 2.89 HYBOND. Inversely, 5 HYBOND will cost about $8.66
Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund.
There are a number of crypto assets that have the a similar or comparable market cap to Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund, including Bonsai Coin, Monerium GBP emoney, and Lumox Studio. For a more robust list of assets to explore, jump to the asset page dedicated to Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund.
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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.




