Convert Staked Frax USD SFRXUSD to Convex Finance CVX
SFRXUSD to CVX: 1 Staked Frax USD converts to 1.01 CVX
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About SFRXUSD and CVX
Staked Frax USD is climbing, while Convex Finance is falling this week. The current SFRXUSD to CVX conversion rate is 1.01. Inversely, this means that if you convert 1 CVX you will get 0.9872 SFRXUSD. The conversion rate of SFRXUSD/CVX has decreased by 0.87% in the last hour (CVX/SFRXUSD increased by 0.87%). In the last 24 hours, SFRXUSD/CVX grew by 3.59%, while CVX/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 1.01 CVX. In other words, to buy 5 Staked Frax USD, it would cost you 5.06 CVX. Inversely, 1 CVX would allow you to trade for 0.9872 SFRXUSD while 50 CVX would convert to 49.36 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 14.1%. Meanwhile, in the last 24 hours, the rate has changed by 3.4%, which means that the highest exchange rate of 1 SFRXUSD to CVX was 1.06 CVX and the lowest 24 hour value was 1 SFRXUSD for 0.9785 CVX. Last month, 1 SFRXUSD was worth 0.7212 CVX. Today, it's up 28.8%. Looking back a year, Staked Frax USD has changed by 0.432 CVX. That means that in a single year, the value of Staked Frax USD has grown by 57.35%.
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 3:38 pm
0.5 SFRXUSD = 0.5065 CVX |
1 SFRXUSD = 1.01 CVX |
5 SFRXUSD = 5.06 CVX |
10 SFRXUSD = 10.13 CVX |
50 SFRXUSD = 50.65 CVX |
100 SFRXUSD = 101.29 CVX |
500 SFRXUSD = 506.47 CVX |
1,000 SFRXUSD = 1,012.94 CVX |
CVX to SFRXUSD values from Today at 3:41 pm
0.5 CVX = 0.4936 SFRXUSD |
1 CVX = 0.9872 SFRXUSD |
5 CVX = 4.94 SFRXUSD |
10 CVX = 9.87 SFRXUSD |
50 CVX = 49.36 SFRXUSD |
100 CVX = 98.72 SFRXUSD |
500 CVX = 493.61 SFRXUSD |
1,000 CVX = 987.23 SFRXUSD |
SFRXUSD to CVX over time
SFRXUSD | Today | 24H 3.40% | 1M 28.80% | 1Y 57.35% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.5065 CVX | 0.4893 CVX | 0.3606 CVX | 0.216 CVX |
1 SFRXUSD | 1.01 CVX | 0.9785 CVX | 0.7212 CVX | 0.432 CVX |
5 SFRXUSD | 5.06 CVX | 4.89 CVX | 3.61 CVX | 2.16 CVX |
10 SFRXUSD | 10.13 CVX | 9.79 CVX | 7.21 CVX | 4.32 CVX |
50 SFRXUSD | 50.65 CVX | 48.93 CVX | 36.06 CVX | 21.60 CVX |
100 SFRXUSD | 101.29 CVX | 97.85 CVX | 72.12 CVX | 43.20 CVX |
500 SFRXUSD | 506.47 CVX | 489.27 CVX | 360.62 CVX | 215.99 CVX |
1,000 SFRXUSD | 1,012.94 CVX | 978.55 CVX | 721.24 CVX | 431.98 CVX |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.20.
Based on the current rate, you could get 0.8338 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 4.17 SFRXUSD. Inversely, 5 SFRXUSD will cost about $6.00
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 Mantle Restaked Ether, ether.fi Staked BTC, and Wrapped CRO. For a more robust list of assets to explore, jump to the asset page dedicated to Staked Frax USD.
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