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About RED and PNP
Redstone is falling, while Penpie is climbing this week. The current RED to PNP conversion rate is 0.5668. Inversely, this means that if you convert 1 PNP you will get 1.76 RED. The conversion rate of RED/PNP has decreased by 0.37% in the last hour (PNP/RED increased by 0.37%). In the last 24 hours, RED/PNP shrunk by 2.11%, while PNP/RED grew by the same amount.
The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.5668 PNP. In other words, to buy 5 Redstone, it would cost you 2.834 PNP. Inversely, 1 PNP would allow you to trade for 1.76 RED while 50 PNP would convert to 88.22 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.89%. Meanwhile, in the last 24 hours, the rate has changed by 2.02%, which means that the highest exchange rate of 1 RED to PNP was 0.5921 PNP and the lowest 24 hour value was 1 RED for 0.5587 PNP. Last month, 1 RED was worth 0.5554 PNP. Today, it's up 2.01%. Looking back a year, Redstone has changed by 0.1187 PNP. That means that in a single year, the value of Redstone has grown by 79.06%.
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).
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.
Conversion tables
RED to PNP values from Today at 10:50 pm
0.5 RED = 0.2834 PNP |
1 RED = 0.5668 PNP |
5 RED = 2.83 PNP |
10 RED = 5.67 PNP |
50 RED = 28.34 PNP |
100 RED = 56.68 PNP |
500 RED = 283.40 PNP |
1,000 RED = 566.79 PNP |
PNP to RED values from Today at 10:47 pm
0.5 PNP = 0.8822 RED |
1 PNP = 1.76 RED |
5 PNP = 8.82 RED |
10 PNP = 17.64 RED |
50 PNP = 88.22 RED |
100 PNP = 176.43 RED |
500 PNP = 882.16 RED |
1,000 PNP = 1,764.32 RED |
RED to PNP over time
RED | Today | 24H -2.02% | 1M 2.01% | 1Y 79.06% |
|---|---|---|---|---|
0.5 RED | 0.2834 PNP | 0.2891 PNP | 0.2777 PNP | 0.05935 PNP |
1 RED | 0.5668 PNP | 0.5783 PNP | 0.5554 PNP | 0.1187 PNP |
5 RED | 2.83 PNP | 2.89 PNP | 2.78 PNP | 0.5935 PNP |
10 RED | 5.67 PNP | 5.78 PNP | 5.55 PNP | 1.19 PNP |
50 RED | 28.34 PNP | 28.91 PNP | 27.77 PNP | 5.93 PNP |
100 RED | 56.68 PNP | 57.83 PNP | 55.54 PNP | 11.87 PNP |
500 RED | 283.40 PNP | 289.13 PNP | 277.70 PNP | 59.35 PNP |
1,000 RED | 566.79 PNP | 578.26 PNP | 555.41 PNP | 118.69 PNP |
Frequently asked questions
Right now, 1 Redstone is worth about $0.0933.
Based on the current rate, you could get 10.72 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 increased. 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 53.59 RED. Inversely, 5 RED will cost about $0.4665
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 Astar, Cap, and Merck tokenized stock (xStock). For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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