Convert SmarDex SDEX to Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund HYBOND
SDEX to HYBOND: 1 SmarDex converts to 0.0002541 HYBOND
About SDEX and HYBOND
SmarDex is climbing, while Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund is falling this week. The current SDEX to HYBOND conversion rate is 0.0002541. Inversely, this means that if you convert 1 HYBOND you will get 3,934.95 SDEX. The conversion rate of SDEX/HYBOND has increased by 0.11% in the last hour (HYBOND/SDEX decreased by 0.11%). In the last 24 hours, SDEX/HYBOND grew by 1.48%, while HYBOND/SDEX shrunk by the same amount.
The exchange rate of SmarDex is increasing. The current value of 1 SDEX is 0.0002541 HYBOND. In other words, to buy 5 SmarDex, it would cost you 0.0012707 HYBOND. Inversely, 1 HYBOND would allow you to trade for 3,934.95 SDEX while 50 HYBOND would convert to 196,747.32 SDEX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.23%. Meanwhile, in the last 24 hours, the rate has changed by 1.57%, which means that the highest exchange rate of 1 SDEX to HYBOND was 0.0002542 HYBOND and the lowest 24 hour value was 1 SDEX for 0.0002481 HYBOND. Last month, 1 SDEX was worth 0.0002819 HYBOND. Today, it's down 10.94%. Looking back a year, SmarDex has changed by ∞ HYBOND. That means that in a single year, the value of SmarDex has shrank by ∞%.
SmarDex Market Stats
SDEX is the token from the first DEX on the planet to fix Impermanent Loss. It is explained in a scientific paper here:
Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund Market Stats
HYBOND is a tokenized bond fund issued by OpenEden Digital Limited, a Bermuda entity licensed by the Bermuda Monetary Authority under the Digital Asset Business Act. The token provides on-chain exposure to BNY Investments' Global Short-Dated High Yield Bond Fund, an actively managed portfolio of short-dated, higher-yielding corporate bonds. HYBOND is issued as an ERC-20 token on Ethereum and BNB Chain, with each token tracking the underlying fund's daily net asset value. Eligible investors subscribe and redeem using USDC through OpenEden's application. Access is permissioned, meaning wallets must complete KYC verification and be whitelisted before they can hold, receive, or transfer the token.
Conversion tables
SDEX to HYBOND values from Today at 12:36 pm
0.5 SDEX = 0.0001271 HYBOND |
1 SDEX = 0.0002541 HYBOND |
5 SDEX = 0.001271 HYBOND |
10 SDEX = 0.002541 HYBOND |
50 SDEX = 0.01271 HYBOND |
100 SDEX = 0.02541 HYBOND |
500 SDEX = 0.1271 HYBOND |
1,000 SDEX = 0.2541 HYBOND |
HYBOND to SDEX values from Today at 12:37 pm
0.5 HYBOND = 1,967.47 SDEX |
1 HYBOND = 3,934.95 SDEX |
5 HYBOND = 19,674.73 SDEX |
10 HYBOND = 39,349.46 SDEX |
50 HYBOND = 196,747.32 SDEX |
100 HYBOND = 393,494.63 SDEX |
500 HYBOND = 1,967,473.16 SDEX |
1,000 HYBOND = 3,934,946.31 SDEX |
SDEX to HYBOND over time
SDEX | Today | 24H 1.57% | 1M -10.94% | 1Y -1,556.91% |
|---|---|---|---|---|
0.5 SDEX | 0.0001271 HYBOND | 0.0001251 HYBOND | 0.000141 HYBOND | 0.002105 HYBOND |
1 SDEX | 0.0002541 HYBOND | 0.0002502 HYBOND | 0.0002819 HYBOND | 0.004211 HYBOND |
5 SDEX | 0.001271 HYBOND | 0.001251 HYBOND | 0.00141 HYBOND | 0.02105 HYBOND |
10 SDEX | 0.002541 HYBOND | 0.002502 HYBOND | 0.002819 HYBOND | 0.04211 HYBOND |
50 SDEX | 0.01271 HYBOND | 0.01251 HYBOND | 0.0141 HYBOND | 0.2105 HYBOND |
100 SDEX | 0.02541 HYBOND | 0.02502 HYBOND | 0.02819 HYBOND | 0.4211 HYBOND |
500 SDEX | 0.1271 HYBOND | 0.1251 HYBOND | 0.141 HYBOND | 2.11 HYBOND |
1,000 SDEX | 0.2541 HYBOND | 0.2502 HYBOND | 0.2819 HYBOND | 4.21 HYBOND |
Frequently asked questions
Right now, 1 SmarDex is worth about $0.0004425.
Based on the current rate, you could get 2,259.80 SDEX for 1 USD.
SmarDex price has been on the rise. Since yesterday, the exchange rate of SmarDex has increased. Since last month, the exchange rate of SmarDex has decreased. Since this time last year, the price of SmarDex has decreased.
You can use our SDEX to USD calculator at the top of this page to convert any amount of SDEX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 11,299.01 SDEX. Inversely, 5 SDEX will cost about $0.002213
SmarDex can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy SmarDex.
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