Convert Redstone RED to Apollo Diversified Credit Securitize Fund ACRED

RED to ACRED: 1 Redstone converts to 0.0001097 ACRED

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About RED and ACRED

Redstone is falling, while Apollo Diversified Credit Securitize Fund is climbing this week. The current RED to ACRED conversion rate is 0.0001097. Inversely, this means that if you convert 1 ACRED you will get 9,117.95 RED. The conversion rate of RED/ACRED has decreased by 0.53% in the last hour (ACRED/RED increased by 0.53%). In the last 24 hours, RED/ACRED shrunk by 19.25%, while ACRED/RED grew by 23.85%.

The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.0001097 ACRED. In other words, to buy 5 Redstone, it would cost you 0.0005484 ACRED. Inversely, 1 ACRED would allow you to trade for 9,117.95 RED while 50 ACRED would convert to 455,897.66 RED, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 12.72%. Meanwhile, in the last 24 hours, the rate has changed by 19.14%, and that the highest exchange rate of 1 RED to ACRED was 0.0001378 ACRED and the lowest 24 hour value was 1 RED for 0.00009873 ACRED. Last month, 1 RED was worth 0.0001595 ACRED. Today, it's down 31.25%. Looking back a year, Redstone has changed by 0.000293 ACRED. That means that in a single year, the value of Redstone has shrank by 62.57%.

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).

$0.1217Price
$67.89MMarket cap
$14.69MVolume (24h)
560M REDCir. Supply

Apollo Diversified Credit Securitize Fund Market Stats

This feeder fund invests in the Apollo Diversified Credit Fund ("Underlying Fund") which seeks to generate a return comprised of both current income and capital appreciation, emphasizing current income with low volatility and low correlation to the broader markets. ✓ Seasoned Asset Manager: Apollo draws on 30+ years of experience, aiming to achieve attractive returns across the risk spectrum through proprietary origination, credit strategies, and a flexible approach to borrower needs.(1) ✓ Historical Track Record of Outperformance: A diversified, global credit strategy with potential for enhanced income and attractive risk-adjusted returns across various market cycles. ✓ 0% Performance Fee ✓ $0 Redemptions ✓ Pricing Transparency: Daily pricing transparency and daily liquidity.(2) The Underlying Fund takes a multi-asset private and public credit approach centered around five key pillars: ✓ Corporate Direct Lending: Targets large scale corporate originations and sponsor-backed issuers of first lien, senior secured and unitranche loans, utilizing Apollo’s proprietary sourcing channel. ✓ Asset-Backed Lending: Focuses on agile deployment of capital into origination and proprietary sourcing channels across a broad mandate of asset-backed investments, with a focus on investments collateralized by tangible investments. ✓ Performing Credit: Primarily pursues liquid, performing senior secured corporate credits to generate total return. ✓ Dislocated Credit: Seeks to use contingent capital to tactically pursue “dislocated” credit opportunities such as stressed, performing assets that sell-off due to technical and/or non-fundamental reasons. ✓ Structured Credit: Focuses on structured credit opportunities across diverse asset types, vintages, maturities, jurisdictions, and capital structure priorities (for example, CLOs, residential, and commercial mortgage backed securities among others).9 (1) Diversification does not ensure profit or protect against loss. (2) Investment performance is not guaranteed and is subject to market risks.

$1.11KPrice
$95.49MMarket cap
--Volume (24h)
86.1K ACREDCir. Supply

Conversion tables

RED to ACRED values from Today at 2:24 pm

0.5 RED = 0.00005484 ACRED
1 RED = 0.0001097 ACRED
5 RED = 0.0005484 ACRED
10 RED = 0.001097 ACRED
50 RED = 0.005484 ACRED
100 RED = 0.01097 ACRED
500 RED = 0.05484 ACRED
1,000 RED = 0.1097 ACRED

ACRED to RED values from Today at 2:24 pm

0.5 ACRED = 4,558.98 RED
1 ACRED = 9,117.95 RED
5 ACRED = 45,589.77 RED
10 ACRED = 91,179.53 RED
50 ACRED = 455,897.66 RED
100 ACRED = 911,795.32 RED
500 ACRED = 4,558,976.58 RED
1,000 ACRED = 9,117,953.17 RED

RED to ACRED over time

RED
Today
24H
-23.67%
1M
-45.46%
1Y
-167.19%
0.5 RED
0.00005484 ACRED
0.00006782 ACRED
0.00007976 ACRED
0.0001465 ACRED
1 RED
0.0001097 ACRED
0.0001356 ACRED
0.0001595 ACRED
0.000293 ACRED
5 RED
0.0005484 ACRED
0.0006782 ACRED
0.0007976 ACRED
0.001465 ACRED
10 RED
0.001097 ACRED
0.001356 ACRED
0.001595 ACRED
0.00293 ACRED
50 RED
0.005484 ACRED
0.006782 ACRED
0.007976 ACRED
0.01465 ACRED
100 RED
0.01097 ACRED
0.01356 ACRED
0.01595 ACRED
0.0293 ACRED
500 RED
0.05484 ACRED
0.06782 ACRED
0.07976 ACRED
0.1465 ACRED
1,000 RED
0.1097 ACRED
0.1356 ACRED
0.1595 ACRED
0.293 ACRED

Frequently asked questions

Right now, 1 Redstone is worth about $0.1217.
Based on the current rate, you could get 8.22 RED for 1 USD.
Redstone price has been declining. Since yesterday, the exchange rate of Redstone has decreased. Since last month, the exchange rate of Redstone has decreased. Since this time last year, the price of Redstone has decreased.
You can use our RED to USD calculator at the top of this page to convert any amount of RED to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 41.08 RED. Inversely, 5 RED will cost about $0.6085
Redstone is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Redstone.
There are a number of crypto assets that have the a similar or comparable market cap to Redstone, including Matrixdock Gold, Helium, and ECOMI. For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.

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