Convert Staked Frax USD SFRXUSD to Definitive EDGE
SFRXUSD to EDGE: 1 Staked Frax USD converts to 16.92 EDGE
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SFRXUSD and EDGE
Staked Frax USD is climbing, while Definitive is falling this week. The current SFRXUSD to EDGE conversion rate is 16.92. Inversely, this means that if you convert 1 EDGE you will get 0.05911 SFRXUSD. The conversion rate of SFRXUSD/EDGE has increased by 1.35% in the last hour (EDGE/SFRXUSD decreased by 1.35%). In the last 24 hours, SFRXUSD/EDGE grew by 8.83%, while EDGE/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 16.92 EDGE. In other words, to buy 5 Staked Frax USD, it would cost you 84.59 EDGE. Inversely, 1 EDGE would allow you to trade for 0.05911 SFRXUSD while 50 EDGE would convert to 2.96 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 19.78%. Meanwhile, in the last 24 hours, the rate has changed by 8.11%, which means that the highest exchange rate of 1 SFRXUSD to EDGE was 17.56 EDGE and the lowest 24 hour value was 1 SFRXUSD for 15.16 EDGE. Last month, 1 SFRXUSD was worth 11.50 EDGE. Today, it's up 32%. Looking back a year, Staked Frax USD has changed by 10.87 EDGE. That means that in a single year, the value of Staked Frax USD has grown by 35.72%.
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.
Definitive Market Stats
Definitive is an advanced trading platform that offers a CeFi-like experience on DeFi rails via a non-custodial platform & API that is live across Solana, Base and other major EVM chains. EDGE is the utility token for the Definitive platform. Users can stake EDGE to unlock trading fee discounts and enhanced platform capabilities.
Conversion tables
SFRXUSD to EDGE values from Today at 2:11 am
0.5 SFRXUSD = 8.46 EDGE |
1 SFRXUSD = 16.92 EDGE |
5 SFRXUSD = 84.59 EDGE |
10 SFRXUSD = 169.18 EDGE |
50 SFRXUSD = 845.92 EDGE |
100 SFRXUSD = 1,691.85 EDGE |
500 SFRXUSD = 8,459.23 EDGE |
1,000 SFRXUSD = 16,918.47 EDGE |
EDGE to SFRXUSD values from Today at 2:14 am
0.5 EDGE = 0.02955 SFRXUSD |
1 EDGE = 0.05911 SFRXUSD |
5 EDGE = 0.2955 SFRXUSD |
10 EDGE = 0.5911 SFRXUSD |
50 EDGE = 2.96 SFRXUSD |
100 EDGE = 5.91 SFRXUSD |
500 EDGE = 29.55 SFRXUSD |
1,000 EDGE = 59.11 SFRXUSD |
SFRXUSD to EDGE over time
SFRXUSD | Today | 24H 8.11% | 1M 32.00% | 1Y 35.72% |
|---|---|---|---|---|
0.5 SFRXUSD | 8.46 EDGE | 7.77 EDGE | 5.75 EDGE | 5.44 EDGE |
1 SFRXUSD | 16.92 EDGE | 15.55 EDGE | 11.50 EDGE | 10.87 EDGE |
5 SFRXUSD | 84.59 EDGE | 77.73 EDGE | 57.52 EDGE | 54.37 EDGE |
10 SFRXUSD | 169.18 EDGE | 155.46 EDGE | 115.04 EDGE | 108.75 EDGE |
50 SFRXUSD | 845.92 EDGE | 777.29 EDGE | 575.20 EDGE | 543.74 EDGE |
100 SFRXUSD | 1,691.85 EDGE | 1,554.57 EDGE | 1,150.41 EDGE | 1,087.48 EDGE |
500 SFRXUSD | 8,459.23 EDGE | 7,772.85 EDGE | 5,752.03 EDGE | 5,437.38 EDGE |
1,000 SFRXUSD | 16,918.47 EDGE | 15,545.70 EDGE | 11,504.05 EDGE | 10,874.77 EDGE |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.20.
Based on the current rate, you could get 0.8347 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 $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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