Convert Staked Frax USD SFRXUSD to Drift Protocol DRIFT
1 SFRXUSD converts to 68.42 DRIFT
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About SFRXUSD and DRIFT
Staked Frax USD is falling, while Drift Protocol is climbing this week. The current SFRXUSD to DRIFT conversion rate is 68.42. Inversely, this means that if you convert 1 DRIFT you will get 0.01462 SFRXUSD. The conversion rate of SFRXUSD/DRIFT has decreased by 0.04% in the last hour (DRIFT/SFRXUSD increased by 0.04%). In the last 24 hours, SFRXUSD/DRIFT shrunk by 0.07%, while DRIFT/SFRXUSD grew by the same amount.
The exchange rate of Staked Frax USD is decreasing. The current value of 1 SFRXUSD is 68.42 DRIFT. In other words, to buy 5 Staked Frax USD, it would cost you 342.08 DRIFT. Inversely, 1 DRIFT would allow you to trade for 0.01462 SFRXUSD while 50 DRIFT would convert to 0.7308 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 36.44%. Meanwhile, in the last 24 hours, the rate has changed by 0.08%, which means that the highest exchange rate of 1 SFRXUSD to DRIFT was 73.55 DRIFT and the lowest 24 hour value was 1 SFRXUSD for 67.28 DRIFT. Last month, 1 SFRXUSD was worth 30.99 DRIFT. Today, it's up 54.7%. Looking back a year, Staked Frax USD has changed by 2.41 DRIFT. That means that in a single year, the value of Staked Frax USD has grown by 96.48%.
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.
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
Conversion tables
SFRXUSD to DRIFT values from Today at 4:03 am
0.5 SFRXUSD = 34.21 DRIFT |
1 SFRXUSD = 68.42 DRIFT |
5 SFRXUSD = 342.08 DRIFT |
10 SFRXUSD = 684.15 DRIFT |
50 SFRXUSD = 3,420.76 DRIFT |
100 SFRXUSD = 6,841.51 DRIFT |
500 SFRXUSD = 34,207.57 DRIFT |
1,000 SFRXUSD = 68,415.13 DRIFT |
DRIFT to SFRXUSD values from Today at 4:06 am
0.5 DRIFT = 0.007308 SFRXUSD |
1 DRIFT = 0.01462 SFRXUSD |
5 DRIFT = 0.07308 SFRXUSD |
10 DRIFT = 0.1462 SFRXUSD |
50 DRIFT = 0.7308 SFRXUSD |
100 DRIFT = 1.46 SFRXUSD |
500 DRIFT = 7.31 SFRXUSD |
1,000 DRIFT = 14.62 SFRXUSD |
SFRXUSD to DRIFT over time
SFRXUSD | Today | 24H -0.08% | 1M 54.70% | 1Y 96.48% |
|---|---|---|---|---|
0.5 SFRXUSD | 34.21 DRIFT | 34.23 DRIFT | 15.50 DRIFT | 1.20 DRIFT |
1 SFRXUSD | 68.42 DRIFT | 68.47 DRIFT | 30.99 DRIFT | 2.41 DRIFT |
5 SFRXUSD | 342.08 DRIFT | 342.34 DRIFT | 154.96 DRIFT | 12.04 DRIFT |
10 SFRXUSD | 684.15 DRIFT | 684.68 DRIFT | 309.92 DRIFT | 24.08 DRIFT |
50 SFRXUSD | 3,420.76 DRIFT | 3,423.41 DRIFT | 1,549.61 DRIFT | 120.39 DRIFT |
100 SFRXUSD | 6,841.51 DRIFT | 6,846.83 DRIFT | 3,099.22 DRIFT | 240.79 DRIFT |
500 SFRXUSD | 34,207.57 DRIFT | 34,234.14 DRIFT | 15,496.09 DRIFT | 1,203.94 DRIFT |
1,000 SFRXUSD | 68,415.13 DRIFT | 68,468.28 DRIFT | 30,992.18 DRIFT | 2,407.89 DRIFT |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.20.
Based on the current rate, you could get 0.8352 SFRXUSD for 1 USD.
Staked Frax USD price has been declining. Since yesterday, the exchange rate of Staked Frax USD has decreased. 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 4.18 SFRXUSD. Inversely, 5 SFRXUSD will cost about $5.99
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 Wrapped CRO, ether.fi Staked BTC, 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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