Convert Redstone RED to Staked YUSD SYUSD
RED to SYUSD: 1 Redstone converts to 0.0866 SYUSD
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About RED and SYUSD
Redstone is falling, while Staked YUSD is climbing this week. The current RED to SYUSD conversion rate is 0.0866. Inversely, this means that if you convert 1 SYUSD you will get 11.55 RED. The conversion rate of RED/SYUSD has increased by 0.17% in the last hour (SYUSD/RED decreased by 0.17%). In the last 24 hours, RED/SYUSD shrunk by 1.45%, while SYUSD/RED grew by the same amount.
The exchange rate of Redstone is decreasing. The current value of 1 RED is 0.0866 SYUSD. In other words, to buy 5 Redstone, it would cost you 0.43298 SYUSD. Inversely, 1 SYUSD would allow you to trade for 11.55 RED while 50 SYUSD would convert to 577.40 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.13%. Meanwhile, in the last 24 hours, the rate has changed by 1.34%, and that the highest exchange rate of 1 RED to SYUSD was 0.08809 SYUSD and the lowest 24 hour value was 1 RED for 0.08597 SYUSD. Last month, 1 RED was worth 0.08737 SYUSD. Today, it's down 0.89%. Looking back a year, Redstone has changed by ∞ SYUSD. 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).
Staked YUSD Market Stats
Overview sYUSD is the yield-bearing, staked version of YUSD. When you deposit YUSD into the staking contract you receive sYUSD, which: Represents your proportional share of the staking pool. Automatically accrues BTC funding-rate yield. Appreciates in value relative to YUSD over time. Launch exchange rate: 1 sYUSD = 1 YUSD Afterwards: 1 sYUSD > 1 YUSD as rewards accumulate. The StakedYUSD smart contract implements the ERC4626 Token Vault standard for composability. This popular standard is widely used for onchain reward-accruing; thus, it is expected that other user interfaces beyond the Aegis.im dAPP may likely support YUSD staking in the future. Various deposit and redeem functions are exposed, enabling staking with or without a slippage threshold, and with or without an ERC2612 Permit signature authorizing the transfer of YUSD.
Conversion tables
RED to SYUSD values from Today at 8:57 am
0.5 RED = 0.0433 SYUSD |
1 RED = 0.0866 SYUSD |
5 RED = 0.433 SYUSD |
10 RED = 0.866 SYUSD |
50 RED = 4.33 SYUSD |
100 RED = 8.66 SYUSD |
500 RED = 43.30 SYUSD |
1,000 RED = 86.60 SYUSD |
SYUSD to RED values from Today at 8:56 am
0.5 SYUSD = 5.77 RED |
1 SYUSD = 11.55 RED |
5 SYUSD = 57.74 RED |
10 SYUSD = 115.48 RED |
50 SYUSD = 577.40 RED |
100 SYUSD = 1,154.79 RED |
500 SYUSD = 5,773.97 RED |
1,000 SYUSD = 11,547.93 RED |
RED to SYUSD over time
RED | Today | 24H -1.34% | 1M -0.89% | 1Y -271.73% |
|---|---|---|---|---|
0.5 RED | 0.0433 SYUSD | 0.04388 SYUSD | 0.04368 SYUSD | 0.161 SYUSD |
1 RED | 0.0866 SYUSD | 0.08775 SYUSD | 0.08737 SYUSD | 0.3219 SYUSD |
5 RED | 0.433 SYUSD | 0.4388 SYUSD | 0.4368 SYUSD | 1.61 SYUSD |
10 RED | 0.866 SYUSD | 0.8775 SYUSD | 0.8737 SYUSD | 3.22 SYUSD |
50 RED | 4.33 SYUSD | 4.39 SYUSD | 4.37 SYUSD | 16.10 SYUSD |
100 RED | 8.66 SYUSD | 8.78 SYUSD | 8.74 SYUSD | 32.19 SYUSD |
500 RED | 43.30 SYUSD | 43.88 SYUSD | 43.68 SYUSD | 160.95 SYUSD |
1,000 RED | 86.60 SYUSD | 87.75 SYUSD | 87.37 SYUSD | 321.90 SYUSD |
Frequently asked questions
Right now, 1 Redstone is worth about $0.0897.
Based on the current rate, you could get 11.15 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 55.74 RED. Inversely, 5 RED will cost about $0.4485
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 Micron Technology Tokenized Stock (Ondo), Oasis Network, and MicroStrategy tokenized stock (xStock). For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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