Convert Staked Frax USD SFRXUSD to io.net IO
SFRXUSD to IO: 1 Staked Frax USD converts to 8.74 IO
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
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 IO
Staked Frax USD is climbing, while io.net is falling this week. The current SFRXUSD to IO conversion rate is 8.74. Inversely, this means that if you convert 1 IO you will get 0.1145 SFRXUSD. The conversion rate of SFRXUSD/IO has increased by 5.09% in the last hour (IO/SFRXUSD decreased by 5.09%). In the last 24 hours, SFRXUSD/IO grew by 20.58%, while IO/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 8.74 IO. In other words, to buy 5 Staked Frax USD, it would cost you 43.68 IO. Inversely, 1 IO would allow you to trade for 0.1145 SFRXUSD while 50 IO would convert to 5.72 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 24.37%. Meanwhile, in the last 24 hours, the rate has changed by 17.64%, which means that the highest exchange rate of 1 SFRXUSD to IO was 8.68 IO and the lowest 24 hour value was 1 SFRXUSD for 6.97 IO. Last month, 1 SFRXUSD was worth 10.07 IO. Today, it's down 15.29%. Looking back a year, Staked Frax USD has changed by 1.57 IO. That means that in a single year, the value of Staked Frax USD has grown by 82.02%.
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.
io.net Market Stats
io.net is a decentralized GPU network designed to give computing power to ML applications. Their mission is to unlock fair access to computing power by assembling 1 million + GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render. IO Coin is the native Coin of the IOG Network. IO functions as a payment and proof of stake token for the IOG network.
Conversion tables
SFRXUSD to IO values from Today at 7:14 pm
0.5 SFRXUSD = 4.37 IO |
1 SFRXUSD = 8.74 IO |
5 SFRXUSD = 43.68 IO |
10 SFRXUSD = 87.37 IO |
50 SFRXUSD = 436.83 IO |
100 SFRXUSD = 873.67 IO |
500 SFRXUSD = 4,368.33 IO |
1,000 SFRXUSD = 8,736.66 IO |
IO to SFRXUSD values from Today at 7:17 pm
0.5 IO = 0.05723 SFRXUSD |
1 IO = 0.1145 SFRXUSD |
5 IO = 0.5723 SFRXUSD |
10 IO = 1.14 SFRXUSD |
50 IO = 5.72 SFRXUSD |
100 IO = 11.45 SFRXUSD |
500 IO = 57.23 SFRXUSD |
1,000 IO = 114.46 SFRXUSD |
SFRXUSD to IO over time
SFRXUSD | Today | 24H 17.64% | 1M -15.29% | 1Y 82.02% |
|---|---|---|---|---|
0.5 SFRXUSD | 4.37 IO | 3.60 IO | 5.04 IO | 0.7854 IO |
1 SFRXUSD | 8.74 IO | 7.20 IO | 10.07 IO | 1.57 IO |
5 SFRXUSD | 43.68 IO | 35.98 IO | 50.36 IO | 7.85 IO |
10 SFRXUSD | 87.37 IO | 71.96 IO | 100.73 IO | 15.71 IO |
50 SFRXUSD | 436.83 IO | 359.78 IO | 503.63 IO | 78.54 IO |
100 SFRXUSD | 873.67 IO | 719.57 IO | 1,007.26 IO | 157.09 IO |
500 SFRXUSD | 4,368.33 IO | 3,597.83 IO | 5,036.32 IO | 785.43 IO |
1,000 SFRXUSD | 8,736.66 IO | 7,195.65 IO | 10,072.64 IO | 1,570.87 IO |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.20.
Based on the current rate, you could get 0.8355 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 $5.98
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 Haedal Staked SUI, 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.
Buy Staked Frax USD with Coinbase
Create a Coinbase account to buy and sell Staked Frax USD on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.