Convert Sable Finance SABLE to Paxos Standard PAX
1 SABLE converts to 0.00258 PAX
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About SABLE and PAX
Sable Finance is climbing, while Paxos Standard is falling this week. The current SABLE to PAX conversion rate is 0.00258. Inversely, this means that if you convert 1 PAX you will get 387.58 SABLE. The conversion rate of SABLE/PAX has decreased by 0% in the last hour (PAX/SABLE increased by 0%). In the last 24 hours, SABLE/PAX grew by 0.03%, while PAX/SABLE shrunk by the same amount.
The exchange rate of Sable Finance is increasing. The current value of 1 SABLE is 0.00258 PAX. In other words, to buy 5 Sable Finance, it would cost you 0.012901 PAX. Inversely, 1 PAX would allow you to trade for 387.58 SABLE while 50 PAX would convert to 19,378.78 SABLE, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.22%. Meanwhile, in the last 24 hours, the rate has changed by 0.04%, which means that the highest exchange rate of 1 SABLE to PAX was 0.00258 PAX and the lowest 24 hour value was 1 SABLE for 0.002571 PAX. Last month, 1 SABLE was worth 0.002596 PAX. Today, it's down 0.61%. Looking back a year, Sable Finance has changed by 0.003931 PAX. That means that in a single year, the value of Sable Finance has shrank by 52.35%.
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.
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.
Conversion tables
SABLE to PAX values from Today at 10:01 pm
0.5 SABLE = 0.00129 PAX |
1 SABLE = 0.00258 PAX |
5 SABLE = 0.0129 PAX |
10 SABLE = 0.0258 PAX |
50 SABLE = 0.129 PAX |
100 SABLE = 0.258 PAX |
500 SABLE = 1.29 PAX |
1,000 SABLE = 2.58 PAX |
PAX to SABLE values from Today at 10:01 pm
0.5 PAX = 193.79 SABLE |
1 PAX = 387.58 SABLE |
5 PAX = 1,937.88 SABLE |
10 PAX = 3,875.76 SABLE |
50 PAX = 19,378.78 SABLE |
100 PAX = 38,757.56 SABLE |
500 PAX = 193,787.80 SABLE |
1,000 PAX = 387,575.60 SABLE |
SABLE to PAX over time
SABLE | Today | 24H 0.04% | 1M -0.61% | 1Y -52.35% |
|---|---|---|---|---|
0.5 SABLE | 0.00129 PAX | 0.00129 PAX | 0.001298 PAX | 0.001965 PAX |
1 SABLE | 0.00258 PAX | 0.002579 PAX | 0.002596 PAX | 0.003931 PAX |
5 SABLE | 0.0129 PAX | 0.0129 PAX | 0.01298 PAX | 0.01965 PAX |
10 SABLE | 0.0258 PAX | 0.02579 PAX | 0.02596 PAX | 0.03931 PAX |
50 SABLE | 0.129 PAX | 0.129 PAX | 0.1298 PAX | 0.1965 PAX |
100 SABLE | 0.258 PAX | 0.2579 PAX | 0.2596 PAX | 0.3931 PAX |
500 SABLE | 1.29 PAX | 1.29 PAX | 1.30 PAX | 1.97 PAX |
1,000 SABLE | 2.58 PAX | 2.58 PAX | 2.60 PAX | 3.93 PAX |
Frequently asked questions
Right now, 1 Sable Finance is worth about $0.00257.
Based on the current rate, you could get 389.07 SABLE for 1 USD.
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 1,945.37 SABLE. Inversely, 5 SABLE will cost about $0.01285
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 Cardstack, Essentia, and Autonio. For a more robust list of assets to explore, jump to the asset page dedicated to Sable Finance.
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