Convert Staked Frax USD SFRXUSD to Function FBTC
SFRXUSD to FBTC: 1 Staked Frax USD converts to 0.00001939 FBTC
About SFRXUSD and FBTC
Staked Frax USD is climbing, while Function is falling this week. The current SFRXUSD to FBTC conversion rate is 0.00001939. Inversely, this means that if you convert 1 FBTC you will get 51,561.78 SFRXUSD. The conversion rate of SFRXUSD/FBTC has increased by 0% in the last hour (FBTC/SFRXUSD decreased by 0%). In the last 24 hours, SFRXUSD/FBTC grew by 3.1%, while FBTC/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 0.00001939 FBTC. In other words, to buy 5 Staked Frax USD, it would cost you 0.00009697 FBTC. Inversely, 1 FBTC would allow you to trade for 51,561.78 SFRXUSD while 50 FBTC would convert to 2,578,088.83 SFRXUSD, 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 2.98%, which means that the highest exchange rate of 1 SFRXUSD to FBTC was 0.00001948 FBTC and the lowest 24 hour value was 1 SFRXUSD for 0.00001873 FBTC. Last month, 1 SFRXUSD was worth 0.00001864 FBTC. Today, it's up 3.87%. Looking back a year, Staked Frax USD has changed by 0.000009503 FBTC. That means that in a single year, the value of Staked Frax USD has grown by 51%.
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.
Function Market Stats
Function is building the financial infrastructure that makes Bitcoin productive, unlocking yield, liquidity, and capital efficiency for holders across DeFi and traditional finance. FBTC turns Bitcoin into an asset that works. FBTC represents the first omnichain Bitcoin yield asset, enabling BTC holders to participate in structured, risk-managed and programmatic yield strategies. FBTC is fully backed on a 1:1 basis with BTC, Bitcoin Reserve Address List is public and can be verified at any time. FBTC combines the security of Bitcoin reserves with the flexibility of smart contracts, creating a secure and efficient bridge between the Bitcoin network and modern DeFi protocols. FBTC turns idle BTC into a functional and productive asset. The primary purpose of FBTC is to bring native Bitcoin liquidity into DeFi. Enabling Bitcoin holders to access a wide range of yield generating strategies, without having to sell their BTC. This not only enhances the utility of BTC but also allows holders to earn returns on their assets, making FBTC a powerful tool for maximizing the potential of Bitcoin in the DeFi ecosystem
Conversion tables
SFRXUSD to FBTC values from Today at 11:13 pm
0.5 SFRXUSD = 0.000009697 FBTC |
1 SFRXUSD = 0.00001939 FBTC |
5 SFRXUSD = 0.00009697 FBTC |
10 SFRXUSD = 0.0001939 FBTC |
50 SFRXUSD = 0.0009697 FBTC |
100 SFRXUSD = 0.001939 FBTC |
500 SFRXUSD = 0.009697 FBTC |
1,000 SFRXUSD = 0.01939 FBTC |
FBTC to SFRXUSD values from Today at 11:13 pm
0.5 FBTC = 25,780.89 SFRXUSD |
1 FBTC = 51,561.78 SFRXUSD |
5 FBTC = 257,808.88 SFRXUSD |
10 FBTC = 515,617.77 SFRXUSD |
50 FBTC = 2,578,088.83 SFRXUSD |
100 FBTC = 5,156,177.66 SFRXUSD |
500 FBTC = 25,780,888.32 SFRXUSD |
1,000 FBTC = 51,561,776.64 SFRXUSD |
SFRXUSD to FBTC over time
SFRXUSD | Today | 24H 2.98% | 1M 3.87% | 1Y 51.00% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.000009697 FBTC | 0.000009408 FBTC | 0.000009322 FBTC | 0.000004752 FBTC |
1 SFRXUSD | 0.00001939 FBTC | 0.00001882 FBTC | 0.00001864 FBTC | 0.000009503 FBTC |
5 SFRXUSD | 0.00009697 FBTC | 0.00009408 FBTC | 0.00009322 FBTC | 0.00004752 FBTC |
10 SFRXUSD | 0.0001939 FBTC | 0.0001882 FBTC | 0.0001864 FBTC | 0.00009503 FBTC |
50 SFRXUSD | 0.0009697 FBTC | 0.0009408 FBTC | 0.0009322 FBTC | 0.0004752 FBTC |
100 SFRXUSD | 0.001939 FBTC | 0.001882 FBTC | 0.001864 FBTC | 0.0009503 FBTC |
500 SFRXUSD | 0.009697 FBTC | 0.009408 FBTC | 0.009322 FBTC | 0.004752 FBTC |
1,000 SFRXUSD | 0.01939 FBTC | 0.01882 FBTC | 0.01864 FBTC | 0.009503 FBTC |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.20.
Based on the current rate, you could get 0.8317 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 4.16 SFRXUSD. Inversely, 5 SFRXUSD will cost about $6.01
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, Mantle Restaked Ether, 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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