Convert Staked Frax USD SFRXUSD to Convex Finance CVX
SFRXUSD to CVX: 1 Staked Frax USD converts to 0.7056 CVX
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About SFRXUSD and CVX
Staked Frax USD is falling, while Convex Finance is climbing this week. The current SFRXUSD to CVX conversion rate is 0.7056. Inversely, this means that if you convert 1 CVX you will get 1.42 SFRXUSD. The conversion rate of SFRXUSD/CVX has increased by 1.53% in the last hour (CVX/SFRXUSD decreased by 1.53%). In the last 24 hours, SFRXUSD/CVX shrunk by 8.11%, while CVX/SFRXUSD grew by the same amount.
The exchange rate of Staked Frax USD is decreasing. The current value of 1 SFRXUSD is 0.7056 CVX. In other words, to buy 5 Staked Frax USD, it would cost you 3.5278 CVX. Inversely, 1 CVX would allow you to trade for 1.42 SFRXUSD while 50 CVX would convert to 70.87 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 28.18%. Meanwhile, in the last 24 hours, the rate has changed by 7.21%, and that the highest exchange rate of 1 SFRXUSD to CVX was 0.7583 CVX and the lowest 24 hour value was 1 SFRXUSD for 0.6767 CVX. Last month, 1 SFRXUSD was worth 0.9626 CVX. Today, it's down 36.43%. Looking back a year, Staked Frax USD has changed by 0.2719 CVX. That means that in a single year, the value of Staked Frax USD has grown by 61.46%.
Staked Frax USD Market Stats
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Convex Finance Market Stats
CVX is the ERC-20 utility token of Convex Finance, which permits Curve Finance liquidity providers to earn boosted rewards. CVX tokens function as Convex Finance’s governance token, and can be locked in exchange for a portion of the platform's earnings.
Conversion tables
SFRXUSD to CVX values from Today at 8:39 pm
0.5 SFRXUSD = 0.3528 CVX |
1 SFRXUSD = 0.7056 CVX |
5 SFRXUSD = 3.53 CVX |
10 SFRXUSD = 7.06 CVX |
50 SFRXUSD = 35.28 CVX |
100 SFRXUSD = 70.56 CVX |
500 SFRXUSD = 352.78 CVX |
1,000 SFRXUSD = 705.56 CVX |
CVX to SFRXUSD values from Today at 8:42 pm
0.5 CVX = 0.7087 SFRXUSD |
1 CVX = 1.42 SFRXUSD |
5 CVX = 7.09 SFRXUSD |
10 CVX = 14.17 SFRXUSD |
50 CVX = 70.87 SFRXUSD |
100 CVX = 141.73 SFRXUSD |
500 CVX = 708.66 SFRXUSD |
1,000 CVX = 1,417.32 SFRXUSD |
SFRXUSD to CVX over time
SFRXUSD | Today | 24H -7.21% | 1M -36.43% | 1Y 61.46% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.3528 CVX | 0.3782 CVX | 0.4813 CVX | 0.136 CVX |
1 SFRXUSD | 0.7056 CVX | 0.7564 CVX | 0.9626 CVX | 0.2719 CVX |
5 SFRXUSD | 3.53 CVX | 3.78 CVX | 4.81 CVX | 1.36 CVX |
10 SFRXUSD | 7.06 CVX | 7.56 CVX | 9.63 CVX | 2.72 CVX |
50 SFRXUSD | 35.28 CVX | 37.82 CVX | 48.13 CVX | 13.60 CVX |
100 SFRXUSD | 70.56 CVX | 75.64 CVX | 96.26 CVX | 27.19 CVX |
500 SFRXUSD | 352.78 CVX | 378.20 CVX | 481.28 CVX | 135.96 CVX |
1,000 SFRXUSD | 705.56 CVX | 756.41 CVX | 962.57 CVX | 271.92 CVX |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.21.
Based on the current rate, you could get 0.8296 SFRXUSD for 1 USD.
Staked Frax USD price has been on the rise. Since yesterday, the exchange rate of Staked Frax USD has increased. Since last month, the exchange rate of Staked Frax USD has increased. Since this time last year, the price of Staked Frax USD has increased.
You can use our SFRXUSD to USD calculator at the top of this page to convert any amount of SFRXUSD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.15 SFRXUSD. Inversely, 5 SFRXUSD will cost about $6.03
Staked Frax USD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Staked Frax USD.
There are a number of crypto assets that have the a similar or comparable market cap to Staked Frax USD, including Venus ETH, Wrapped CRO, and Haedal Staked SUI. For a more robust list of assets to explore, jump to the asset page dedicated to Staked Frax USD.
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