Convert Redstone RED to Rings scUSD SCUSD

RED to SCUSD: 1 Redstone converts to 0.1069 SCUSD

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About RED and SCUSD

Redstone is falling, while Rings scUSD is climbing this week. The current RED to SCUSD conversion rate is 0.1069. Inversely, this means that if you convert 1 SCUSD you will get 9.35 RED. The conversion rate of RED/SCUSD has increased by 0.13% in the last hour (SCUSD/RED decreased by 0.13%). In the last 24 hours, RED/SCUSD shrunk by 7.07%, while SCUSD/RED grew by the same amount.

The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.1069 SCUSD. In other words, to buy 5 Redstone, it would cost you 0.5345 SCUSD. Inversely, 1 SCUSD would allow you to trade for 9.35 RED while 50 SCUSD would convert to 467.73 RED, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 12.26%. Meanwhile, in the last 24 hours, the rate has changed by 7.07%, and that the highest exchange rate of 1 RED to SCUSD was 0.1158 SCUSD and the lowest 24 hour value was 1 RED for 0.1006 SCUSD. Last month, 1 RED was worth 0.1398 SCUSD. Today, it's down 30.8%. Looking back a year, Redstone has changed by 0.3251 SCUSD. That means that in a single year, the value of Redstone has shrank by 204.1%.

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).

$0.1069Price
$43.66MMarket cap
$22.54MVolume (24h)
406.4M REDCir. Supply

Rings scUSD Market Stats

Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.

$1.92MMarket cap
$42.09KVolume (24h)
1.9M SCUSDCir. Supply

Conversion tables

RED to SCUSD values from Today at 7:09 pm

0.5 RED = 0.05345 SCUSD
1 RED = 0.1069 SCUSD
5 RED = 0.5345 SCUSD
10 RED = 1.07 SCUSD
50 RED = 5.35 SCUSD
100 RED = 10.69 SCUSD
500 RED = 53.45 SCUSD
1,000 RED = 106.90 SCUSD

SCUSD to RED values from Today at

0.5 SCUSD = 4.68 RED
1 SCUSD = 9.35 RED
5 SCUSD = 46.77 RED
10 SCUSD = 93.55 RED
50 SCUSD = 467.73 RED
100 SCUSD = 935.45 RED
500 SCUSD = 4,677.27 RED
1,000 SCUSD = 9,354.54 RED

RED to SCUSD over time

RED
Today
24H
-7.07%
1M
-30.80%
1Y
-204.10%
0.5 RED
0.05345 SCUSD
0.05723 SCUSD
0.06991 SCUSD
0.1625 SCUSD
1 RED
0.1069 SCUSD
0.1145 SCUSD
0.1398 SCUSD
0.3251 SCUSD
5 RED
0.5345 SCUSD
0.5723 SCUSD
0.6991 SCUSD
1.63 SCUSD
10 RED
1.07 SCUSD
1.14 SCUSD
1.40 SCUSD
3.25 SCUSD
50 RED
5.35 SCUSD
5.72 SCUSD
6.99 SCUSD
16.25 SCUSD
100 RED
10.69 SCUSD
11.45 SCUSD
13.98 SCUSD
32.51 SCUSD
500 RED
53.45 SCUSD
57.23 SCUSD
69.91 SCUSD
162.54 SCUSD
1,000 RED
106.90 SCUSD
114.46 SCUSD
139.82 SCUSD
325.09 SCUSD

Frequently asked questions

Right now, 1 Redstone is worth about $0.1069.

Based on the current rate, you could get 9.35 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 46.77 RED. Inversely, 5 RED will cost about $0.5345

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 OpenServ, Marvell Technology Tokenized Stock (Ondo), and SPDR S&P 500 Tokenized ETF (Ondo). For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.

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