Convert Redstone RED to SoulPeg USD SPUSD
RED to SPUSD: 1 Redstone converts to 0.1117 SPUSD
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About RED and SPUSD
Redstone is climbing, while SoulPeg USD is falling this week. The current RED to SPUSD conversion rate is 0.1117. Inversely, this means that if you convert 1 SPUSD you will get 8.96 RED. The conversion rate of RED/SPUSD has increased by 1.4% in the last hour (SPUSD/RED decreased by 1.4%). In the last 24 hours, RED/SPUSD grew by 0.94%, while SPUSD/RED shrunk by the same amount.
The exchange rate of Redstone is increasing. The current value of 1 RED is 0.1117 SPUSD. In other words, to buy 5 Redstone, it would cost you 0.5583 SPUSD. Inversely, 1 SPUSD would allow you to trade for 8.96 RED while 50 SPUSD would convert to 447.80 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.92%. Meanwhile, in the last 24 hours, the rate has changed by 0.95%, which means that the highest exchange rate of 1 RED to SPUSD was 0.1139 SPUSD and the lowest 24 hour value was 1 RED for 0.1057 SPUSD. Last month, 1 RED was worth 0.08977 SPUSD. Today, it's up 19.6%. Looking back a year, Redstone has changed by 0.4147 SPUSD. That means that in a single year, the value of Redstone has shrank by 271.44%.
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 12:42 am
0.5 RED = 0.05583 SPUSD |
1 RED = 0.1117 SPUSD |
5 RED = 0.5583 SPUSD |
10 RED = 1.12 SPUSD |
50 RED = 5.58 SPUSD |
100 RED = 11.17 SPUSD |
500 RED = 55.83 SPUSD |
1,000 RED = 111.66 SPUSD |
SPUSD to RED values from Today at 12:43 am
0.5 SPUSD = 4.48 RED |
1 SPUSD = 8.96 RED |
5 SPUSD = 44.78 RED |
10 SPUSD = 89.56 RED |
50 SPUSD = 447.80 RED |
100 SPUSD = 895.60 RED |
500 SPUSD = 4,478.01 RED |
1,000 SPUSD = 8,956.03 RED |
RED to SPUSD over time
RED | Today | 24H 0.95% | 1M 19.60% | 1Y -271.44% |
|---|---|---|---|---|
0.5 RED | 0.05583 SPUSD | 0.0553 SPUSD | 0.04489 SPUSD | 0.2074 SPUSD |
1 RED | 0.1117 SPUSD | 0.1106 SPUSD | 0.08977 SPUSD | 0.4147 SPUSD |
5 RED | 0.5583 SPUSD | 0.553 SPUSD | 0.4489 SPUSD | 2.07 SPUSD |
10 RED | 1.12 SPUSD | 1.11 SPUSD | 0.8977 SPUSD | 4.15 SPUSD |
50 RED | 5.58 SPUSD | 5.53 SPUSD | 4.49 SPUSD | 20.74 SPUSD |
100 RED | 11.17 SPUSD | 11.06 SPUSD | 8.98 SPUSD | 41.47 SPUSD |
500 RED | 55.83 SPUSD | 55.30 SPUSD | 44.89 SPUSD | 207.37 SPUSD |
1,000 RED | 111.66 SPUSD | 110.59 SPUSD | 89.77 SPUSD | 414.74 SPUSD |
Frequently asked questions
Right now, 1 Redstone is worth about $0.1103.
Based on the current rate, you could get 9.07 RED for 1 USD.
Redstone price has been on the rise. Since yesterday, the exchange rate of Redstone has increased. 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 45.33 RED. Inversely, 5 RED will cost about $0.5515
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 jelly-my-jelly, SKYAI, and SushiSwap. 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.