Convert Penpie PNP to Redstone RED

PNP to RED: 1 Penpie converts to 1.79 RED

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About PNP and RED

Penpie is falling, while Redstone is climbing this week. The current PNP to RED conversion rate is 1.79. Inversely, this means that if you convert 1 RED you will get 0.5582 PNP. The conversion rate of PNP/RED has decreased by 0.31% in the last hour (RED/PNP increased by 0.31%). In the last 24 hours, PNP/RED shrunk by 12.95%, while RED/PNP grew by the same amount.

The exchange rate of Penpie is decreasing. The current value of 1 PNP is 1.79 RED. In other words, to buy 5 Penpie, it would cost you 8.96 RED. Inversely, 1 RED would allow you to trade for 0.5582 PNP while 50 RED would convert to 27.91 PNP, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 5.31%. Meanwhile, in the last 24 hours, the rate has changed by 13.13%, and that the highest exchange rate of 1 PNP to RED was 2.03 RED and the lowest 24 hour value was 1 PNP for 1.78 RED. Last month, 1 PNP was worth 1.54 RED. Today, it's up 14.21%. Looking back a year, Penpie has changed by 5.95 RED. That means that in a single year, the value of Penpie has shrank by 232.23%.

Penpie Market Stats

What is the project about? Penpie is a next-generation DeFi platform built by Magpie to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power. What makes your project unique? Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio. What can your token be used for? PNP is the governance and revenue-sharing token of Penpie. Users can lock their PNP tokens on Penpie to receive vlPNP at a 1:1 ratio. vlPNP is the locked version of the PNP token.

$0.313Price
$471.32KMarket cap
$1.16KVolume (24h)
1.5M PNPCir. Supply

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).

$0.1747Price
$91.33MMarket cap
$7.64MVolume (24h)
523.7M REDCir. Supply

Conversion tables

PNP to RED values from Today at 7:50 pm

0.5 PNP = 0.8958 RED
1 PNP = 1.79 RED
5 PNP = 8.96 RED
10 PNP = 17.92 RED
50 PNP = 89.58 RED
100 PNP = 179.15 RED
500 PNP = 895.77 RED
1,000 PNP = 1,791.54 RED

RED to PNP values from Today at 7:49 pm

0.5 RED = 0.2791 PNP
1 RED = 0.5582 PNP
5 RED = 2.79 PNP
10 RED = 5.58 PNP
50 RED = 27.91 PNP
100 RED = 55.82 PNP
500 RED = 279.09 PNP
1,000 RED = 558.18 PNP

PNP to RED over time

PNP
Today
24H
-13.13%
1M
14.21%
1Y
-232.23%
0.5 PNP
0.8958 RED
1.01 RED
0.7685 RED
2.98 RED
1 PNP
1.79 RED
2.03 RED
1.54 RED
5.95 RED
5 PNP
8.96 RED
10.13 RED
7.68 RED
29.76 RED
10 PNP
17.92 RED
20.27 RED
15.37 RED
59.52 RED
50 PNP
89.58 RED
101.34 RED
76.85 RED
297.60 RED
100 PNP
179.15 RED
202.69 RED
153.69 RED
595.19 RED
500 PNP
895.77 RED
1,013.43 RED
768.45 RED
2,975.97 RED
1,000 PNP
1,791.54 RED
2,026.85 RED
1,536.90 RED
5,951.95 RED

Frequently asked questions

Right now, 1 Penpie is worth about $0.313.
Based on the current rate, you could get 3.20 PNP for 1 USD.
Penpie price has been declining. Since yesterday, the exchange rate of Penpie has decreased. Since last month, the exchange rate of Penpie has increased. Since this time last year, the price of Penpie has decreased.
You can use our PNP to USD calculator at the top of this page to convert any amount of PNP to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 15.98 PNP. Inversely, 5 PNP will cost about $1.56
Penpie can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Penpie.
There are a number of crypto assets that have the a similar or comparable market cap to Penpie, including Acala Token, Vanguard Total Stock Market Tokenized ETF (Ondo), and FIO Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to Penpie.

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