Convert Frax Staked Ether SFRXETH to Metal Dollar XMD
SFRXETH to XMD: 1 Frax Staked Ether converts to 2,179.70 XMD
About SFRXETH and XMD
Frax Staked Ether is falling, while Metal Dollar is climbing this week. The current SFRXETH to XMD conversion rate is 2,179.70. Inversely, this means that if you convert 1 XMD you will get 0.0004588 SFRXETH. The conversion rate of SFRXETH/XMD has increased by 0.25% in the last hour (XMD/SFRXETH decreased by 0.25%). In the last 24 hours, SFRXETH/XMD shrunk by 0.03%, while XMD/SFRXETH grew by the same amount.
The exchange rate of Frax Staked Ether is increasing. The current value of 1 SFRXETH is 2,179.70 XMD. In other words, to buy 5 Frax Staked Ether, it would cost you 10,898.51 XMD. Inversely, 1 XMD would allow you to trade for 0.0004588 SFRXETH while 50 XMD would convert to 0.02294 SFRXETH, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.2%. Meanwhile, in the last 24 hours, the rate has changed by 0.03%, which means that the highest exchange rate of 1 SFRXETH to XMD was 2,197.12 XMD and the lowest 24 hour value was 1 SFRXETH for 2,149.85 XMD. Last month, 1 SFRXETH was worth 1,965.47 XMD. Today, it's up 9.83%. Looking back a year, Frax Staked Ether has changed by 4,240.65 XMD. That means that in a single year, the value of Frax Staked Ether has shrank by 94.55%.
Frax Staked Ether Market Stats
Staked Frax Ether is the vault token that accrues all proof of stake rewards of ETH validators run by Frax Finance protocol. sfrxETH is ERC4626 compliant and a non-rebasing, interest bearing token.
Metal Dollar Market Stats
What is the project about? The Metal Dollar (XMD) represents an innovative approach to stablecoins, operating on the Proton Blockchain. Its design brings increased stability, transparency, and efficiency to digital transactions. Uniquely, XMD is backed by an array of established, non-algorithmic bank reserve-backed stablecoins, including USDC, USDT, and PAX, a method intended to mitigate risks associated with single-issuer or algorithmic stablecoins and enhance stability. What makes your project unique? The Metal Dollar distinguishes itself from traditional stablecoins by pegging its value to a selection of established stablecoins, providing an innovative approach to stability and governance. It utilizes the Proton Blockchain's features to enable secure, efficient transactions with swift confirmation times, high throughput, and low fees. The project is also characterized by a decentralized governance model supported by the Metal DAO (XMT) token. XMT token holders can propose and vote on crucial decisions concerning the Metal Dollar protocol, facilitating a democratic and inclusive management over the protocol's direction. History of your project. The Metal Dollar project came into existence in 2022 as a response to the growing demand for stability and reliability in the crypto market. It aims to combine the benefits of non-algorithmic bank reserve-backed stablecoins with the transparency, security, and efficiency offered by the Proton Blockchain. What’s next for your project? Plans for XMD include collaborations with industry stakeholders to increase its reach and enhance functionality. Future developments envision interoperability with other blockchain networks and increased integration with DApps. What can your token be used for? XMD, as a stablecoin, facilitates transactions on ProtonDEX.com. The process to mint XMD involves bridging supported stablecoins onto Proton Blockchain. The value of XMD is pegged to the basket of these supported stablecoins.
Conversion tables
SFRXETH to XMD values from Today at 3:14 am
0.5 SFRXETH = 1,089.85 XMD |
1 SFRXETH = 2,179.70 XMD |
5 SFRXETH = 10,898.51 XMD |
10 SFRXETH = 21,797.01 XMD |
50 SFRXETH = 108,985.07 XMD |
100 SFRXETH = 217,970.14 XMD |
500 SFRXETH = 1,089,850.72 XMD |
1,000 SFRXETH = 2,179,701.43 XMD |
XMD to SFRXETH values from Today at 3:17 am
0.5 XMD = 0.0002294 SFRXETH |
1 XMD = 0.0004588 SFRXETH |
5 XMD = 0.002294 SFRXETH |
10 XMD = 0.004588 SFRXETH |
50 XMD = 0.02294 SFRXETH |
100 XMD = 0.04588 SFRXETH |
500 XMD = 0.2294 SFRXETH |
1,000 XMD = 0.4588 SFRXETH |
SFRXETH to XMD over time
SFRXETH | Today | 24H 0.03% | 1M 9.83% | 1Y -94.55% |
|---|---|---|---|---|
0.5 SFRXETH | 1,089.85 XMD | 1,089.56 XMD | 982.74 XMD | 2,120.33 XMD |
1 SFRXETH | 2,179.70 XMD | 2,179.11 XMD | 1,965.47 XMD | 4,240.65 XMD |
5 SFRXETH | 10,898.51 XMD | 10,895.57 XMD | 9,827.35 XMD | 21,203.26 XMD |
10 SFRXETH | 21,797.01 XMD | 21,791.14 XMD | 19,654.70 XMD | 42,406.53 XMD |
50 SFRXETH | 108,985.07 XMD | 108,955.72 XMD | 98,273.51 XMD | 212,032.64 XMD |
100 SFRXETH | 217,970.14 XMD | 217,911.44 XMD | 196,547.02 XMD | 424,065.27 XMD |
500 SFRXETH | 1,089,850.72 XMD | 1,089,557.21 XMD | 982,735.11 XMD | 2,120,326.37 XMD |
1,000 SFRXETH | 2,179,701.43 XMD | 2,179,114.42 XMD | 1,965,470.22 XMD | 4,240,652.73 XMD |
Frequently asked questions
Right now, 1 Frax Staked Ether is worth about $2,175.18.
Based on the current rate, you could get 0.0004597 SFRXETH for 1 USD.
Frax Staked Ether price has been on the rise. Since yesterday, the exchange rate of Frax Staked Ether has increased. Since last month, the exchange rate of Frax Staked Ether has increased. Since this time last year, the price of Frax Staked Ether has decreased.
You can use our SFRXETH to USD calculator at the top of this page to convert any amount of SFRXETH to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.002299 SFRXETH. Inversely, 5 SFRXETH will cost about $10,875.91
Frax Staked Ether can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax Staked Ether.
There are a number of crypto assets that have the a similar or comparable market cap to Frax Staked Ether, including Staked Aave, Beacon ETH, and Staked TRX. For a more robust list of assets to explore, jump to the asset page dedicated to Frax Staked Ether.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.