Convert Redstone RED to Apollo Diversified Credit Securitize Fund ACRED

RED to ACRED: 1 Redstone converts to 0.00009652 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 0.00009652. Inversely, this means that if you convert 1 ACRED you will get 10,360.99 RED. The conversion rate of RED/ACRED has decreased by 0.65% in the last hour (ACRED/RED increased by 0.65%). In the last 24 hours, RED/ACRED shrunk by 7.46%, while ACRED/RED grew by the same amount.

The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.00009652 ACRED. In other words, to buy 5 Redstone, it would cost you 0.00048258 ACRED. Inversely, 1 ACRED would allow you to trade for 10,360.99 RED while 50 ACRED would convert to 518,049.68 RED, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 12.95%. Meanwhile, in the last 24 hours, the rate has changed by 7.38%, and that the highest exchange rate of 1 RED to ACRED was 0.0001055 ACRED and the lowest 24 hour value was 1 RED for 0.00009161 ACRED. Last month, 1 RED was worth 0.0001272 ACRED. Today, it's down 31.79%. Looking back a year, Redstone has changed by 0.0003158 ACRED. That means that in a single year, the value of Redstone has shrank by 227.2%.

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).

$0.1059Price
$43.09MMarket cap
$21.66MVolume (24h)
406.4M 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.

$1.1KPrice
$114.41MMarket cap
--Volume (24h)
104.3K ACREDCir. Supply

Conversion tables

RED to ACRED values from Today at 9:46 pm

0.5 RED = 0.00004826 ACRED
1 RED = 0.00009652 ACRED
5 RED = 0.0004826 ACRED
10 RED = 0.0009652 ACRED
50 RED = 0.004826 ACRED
100 RED = 0.009652 ACRED
500 RED = 0.04826 ACRED
1,000 RED = 0.09652 ACRED

ACRED to RED values from Today at 9:46 pm

0.5 ACRED = 5,180.50 RED
1 ACRED = 10,360.99 RED
5 ACRED = 51,804.97 RED
10 ACRED = 103,609.94 RED
50 ACRED = 518,049.68 RED
100 ACRED = 1,036,099.35 RED
500 ACRED = 5,180,496.75 RED
1,000 ACRED = 10,360,993.51 RED

RED to ACRED over time

RED
Today
24H
-7.38%
1M
-31.79%
1Y
-227.20%
0.5 RED
0.00004826 ACRED
0.00005182 ACRED
0.0000636 ACRED
0.0001579 ACRED
1 RED
0.00009652 ACRED
0.0001036 ACRED
0.0001272 ACRED
0.0003158 ACRED
5 RED
0.0004826 ACRED
0.0005182 ACRED
0.000636 ACRED
0.001579 ACRED
10 RED
0.0009652 ACRED
0.001036 ACRED
0.001272 ACRED
0.003158 ACRED
50 RED
0.004826 ACRED
0.005182 ACRED
0.00636 ACRED
0.01579 ACRED
100 RED
0.009652 ACRED
0.01036 ACRED
0.01272 ACRED
0.03158 ACRED
500 RED
0.04826 ACRED
0.05182 ACRED
0.0636 ACRED
0.1579 ACRED
1,000 RED
0.09652 ACRED
0.1036 ACRED
0.1272 ACRED
0.3158 ACRED

Frequently asked questions

Right now, 1 Redstone is worth about $0.1059.

Based on the current rate, you could get 9.45 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 47.24 RED. Inversely, 5 RED will cost about $0.5293

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 Unitas, ORE, and Holoworld AI. For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.

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