Convert Redstone RED to SoulPeg USD SPUSD
RED to SPUSD: 1 Redstone converts to 0.1068 SPUSD
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About RED and SPUSD
Redstone is falling, while SoulPeg USD is climbing this week. The current RED to SPUSD conversion rate is 0.1068. Inversely, this means that if you convert 1 SPUSD you will get 9.37 RED. The conversion rate of RED/SPUSD has increased by 0.12% in the last hour (SPUSD/RED decreased by 0.12%). In the last 24 hours, RED/SPUSD shrunk by 7.09%, while SPUSD/RED grew by the same amount.
The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.1068 SPUSD. In other words, to buy 5 Redstone, it would cost you 0.5339 SPUSD. Inversely, 1 SPUSD would allow you to trade for 9.37 RED while 50 SPUSD would convert to 468.29 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.19%. Meanwhile, in the last 24 hours, the rate has changed by 7.04%, and that the highest exchange rate of 1 RED to SPUSD was 0.1156 SPUSD and the lowest 24 hour value was 1 RED for 0.1004 SPUSD. Last month, 1 RED was worth 0.1397 SPUSD. Today, it's down 30.82%. Looking back a year, Redstone has changed by ∞ SPUSD. That means that in a single year, the value of Redstone has shrank by ∞%.
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).
SoulPeg USD Market Stats
SoulPeg USD (SPUSD) is a BEP-20 stablecoin wrapper for the non-transferable sUSDC deposit token. Users mint SPUSD by wrapping sUSDC and can always unwrap back to sUSDC; on redeem, SPUSD is burned. The $1 target is maintained on-chain by a simple market-making bot that trades the SPUSD/USDC v2 pool on PancakeSwap and by reserves deployed in transparent lending strategies (currently Venus). Contracts are verified on BscScan, liquidity is partially time-locked via PinkLock, and all docs/code are public.
Conversion tables
RED to SPUSD values from Today at 7:09 pm
0.5 RED = 0.05339 SPUSD |
1 RED = 0.1068 SPUSD |
5 RED = 0.5339 SPUSD |
10 RED = 1.07 SPUSD |
50 RED = 5.34 SPUSD |
100 RED = 10.68 SPUSD |
500 RED = 53.39 SPUSD |
1,000 RED = 106.77 SPUSD |
SPUSD to RED values from Today at 7:08 pm
0.5 SPUSD = 4.68 RED |
1 SPUSD = 9.37 RED |
5 SPUSD = 46.83 RED |
10 SPUSD = 93.66 RED |
50 SPUSD = 468.29 RED |
100 SPUSD = 936.58 RED |
500 SPUSD = 4,682.88 RED |
1,000 SPUSD = 9,365.76 RED |
RED to SPUSD over time
RED | Today | 24H -7.04% | 1M -30.82% | 1Y -203.78% |
|---|---|---|---|---|
0.5 RED | 0.05339 SPUSD | 0.05714 SPUSD | 0.06984 SPUSD | 0.1622 SPUSD |
1 RED | 0.1068 SPUSD | 0.1143 SPUSD | 0.1397 SPUSD | 0.3244 SPUSD |
5 RED | 0.5339 SPUSD | 0.5714 SPUSD | 0.6984 SPUSD | 1.62 SPUSD |
10 RED | 1.07 SPUSD | 1.14 SPUSD | 1.40 SPUSD | 3.24 SPUSD |
50 RED | 5.34 SPUSD | 5.71 SPUSD | 6.98 SPUSD | 16.22 SPUSD |
100 RED | 10.68 SPUSD | 11.43 SPUSD | 13.97 SPUSD | 32.44 SPUSD |
500 RED | 53.39 SPUSD | 57.14 SPUSD | 69.84 SPUSD | 162.18 SPUSD |
1,000 RED | 106.77 SPUSD | 114.29 SPUSD | 139.68 SPUSD | 324.35 SPUSD |
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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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.