Convert Sable Finance SABLE to Paxos Standard PAX

SABLE to PAX: 1 Sable Finance converts to 0.00277 PAX

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About SABLE and PAX

Sable Finance is falling, while Paxos Standard is climbing this week. The current SABLE to PAX conversion rate is 0.00277. Inversely, this means that if you convert 1 PAX you will get 361.07 SABLE. The conversion rate of SABLE/PAX has increased by 0.41% in the last hour (PAX/SABLE decreased by 0.41%). In the last 24 hours, SABLE/PAX shrunk by 0.59%, while PAX/SABLE grew by the same amount.

The exchange rate of Sable Finance is increasing. The current value of 1 SABLE is 0.00277 PAX. In other words, to buy 5 Sable Finance, it would cost you 0.013848 PAX. Inversely, 1 PAX would allow you to trade for 361.07 SABLE while 50 PAX would convert to 18,053.57 SABLE, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 5.06%. Meanwhile, in the last 24 hours, the rate has changed by 0.16%, which means that the highest exchange rate of 1 SABLE to PAX was 0.002784 PAX and the lowest 24 hour value was 1 SABLE for 0.002692 PAX. Last month, 1 SABLE was worth 0.002381 PAX. Today, it's up 14.02%. Looking back a year, Sable Finance has changed by 0.004673 PAX. That means that in a single year, the value of Sable Finance has shrank by 68.72%.

Sable Finance Market Stats

What is the project about? Sable Finance is the #1 reformative primitive for ETH LSD-backed stablecoin on Arbitrum and BNB Chain. Our codebase enables capital efficiency and yield maximization for USDS users, whilst eliminating the liquidity cost of protocol emission to achieve frugal use of capital. What makes your project unique? Sable Finance is pioneering to give the first ever decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain (and Arbitrum when v2 is launched). The design of our protocol is based on Liquity’s codebase, with innovative changes, such as a shared stability pool for liquidations, a multi-collateral design, governance token staking improvements and more. As the embodiment of stability and resilience, Sablecoin (USDS) emerges as the premier stablecoin free from interest rate, censorship, and custodianship. History of your project. It was first introduced to the BNB chain on March 21, marking the beginning of our journey. And our testnet went live on June 16, showcasing its potential and functionality. What’s next for your project? The beta version will be launched soon, offering essential functions of $USDS with BNB as the only accepted collateral. Users can mint the our stablecoin and enjoy features like collateral deposit, liquidation, and redemption. Following that, V2 will bring upgraded designs, higher yield optimization, and a user-friendly interface. V2 will be launched on Arbitrum and BNB Chain, using LSDfi as multi-collateral to meet market needs. What can your token be used for? $SABLE token captures system-generated borrowing and redemption fees through staking. Token holders provide liquidity to the SABLE/BNB pool on a DEX and stake LP tokens in our contract, earning LP trading fees along with borrowing and redemption fees. With the launch of v2, governance will be introduced, allowing $SABLE holders to vote on matters like collateral whitelisting, emissions direction, and parameter changes.

$0.002767Price
$72.88KMarket cap
$201.82Volume (24h)
26.4M SABLECir. Supply

Paxos Standard Market Stats

The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.

$0.9991Price
$28.06MMarket cap
$191.16KVolume (24h)
28.1M PAXCir. Supply

Conversion tables

SABLE to PAX values from Today at 6:19 pm

0.5 SABLE = 0.001385 PAX
1 SABLE = 0.00277 PAX
5 SABLE = 0.01385 PAX
10 SABLE = 0.0277 PAX
50 SABLE = 0.1385 PAX
100 SABLE = 0.277 PAX
500 SABLE = 1.38 PAX
1,000 SABLE = 2.77 PAX

PAX to SABLE values from Today at 6:17 pm

0.5 PAX = 180.54 SABLE
1 PAX = 361.07 SABLE
5 PAX = 1,805.36 SABLE
10 PAX = 3,610.71 SABLE
50 PAX = 18,053.57 SABLE
100 PAX = 36,107.13 SABLE
500 PAX = 180,535.66 SABLE
1,000 PAX = 361,071.32 SABLE

SABLE to PAX over time

SABLE
Today
24H
0.16%
1M
14.02%
1Y
-68.72%
0.5 SABLE
0.001385 PAX
0.001383 PAX
0.001191 PAX
0.002336 PAX
1 SABLE
0.00277 PAX
0.002765 PAX
0.002381 PAX
0.004673 PAX
5 SABLE
0.01385 PAX
0.01383 PAX
0.01191 PAX
0.02336 PAX
10 SABLE
0.0277 PAX
0.02765 PAX
0.02381 PAX
0.04673 PAX
50 SABLE
0.1385 PAX
0.1383 PAX
0.1191 PAX
0.2336 PAX
100 SABLE
0.277 PAX
0.2765 PAX
0.2381 PAX
0.4673 PAX
500 SABLE
1.38 PAX
1.38 PAX
1.19 PAX
2.34 PAX
1,000 SABLE
2.77 PAX
2.77 PAX
2.38 PAX
4.67 PAX

Frequently asked questions

Right now, 1 Sable Finance is worth about $0.002767.

Based on the current rate, you could get 361.39 SABLE for 1 USD.

Sable Finance price has been declining. Since yesterday, the exchange rate of Sable Finance has decreased. Since last month, the exchange rate of Sable Finance has increased. Since this time last year, the price of Sable Finance has decreased.

You can use our SABLE to USD calculator at the top of this page to convert any amount of SABLE to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,806.93 SABLE. Inversely, 5 SABLE will cost about $0.01384

Sable Finance can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sable Finance.

There are a number of crypto assets that have the a similar or comparable market cap to Sable Finance, including Strategic Bitcoin Reserve, Cat Processing Unit, and POOLED. For a more robust list of assets to explore, jump to the asset page dedicated to Sable Finance.

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