Convert Staked Frax USD SFRXUSD to Layer3 L3
SFRXUSD to L3: 1 Staked Frax USD converts to 173.51 L3
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About SFRXUSD and L3
Staked Frax USD is climbing, while Layer3 is falling this week. The current SFRXUSD to L3 conversion rate is 173.51. Inversely, this means that if you convert 1 L3 you will get 0.005763 SFRXUSD. The conversion rate of SFRXUSD/L3 has decreased by 0.07% in the last hour (L3/SFRXUSD increased by 0.07%). In the last 24 hours, SFRXUSD/L3 grew by 1.25%, while L3/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 173.51 L3. In other words, to buy 5 Staked Frax USD, it would cost you 867.54 L3. Inversely, 1 L3 would allow you to trade for 0.005763 SFRXUSD while 50 L3 would convert to 0.2882 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.51%. Meanwhile, in the last 24 hours, the rate has changed by 1.31%, which means that the highest exchange rate of 1 SFRXUSD to L3 was 179.14 L3 and the lowest 24 hour value was 1 SFRXUSD for 170.39 L3. Last month, 1 SFRXUSD was worth 107.50 L3. Today, it's up 38.05%. Looking back a year, Staked Frax USD has changed by 20.55 L3. That means that in a single year, the value of Staked Frax USD has grown by 88.16%.
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.
Layer3 Market Stats
Layer3 is a platform that connects users and blockchain ecosystems, offering tools for identity management, incentives, and interoperability across multiple chains. Layer3’s native token, L3, can be used to participate in protocol governance and earn staking rewards.
Conversion tables
SFRXUSD to L3 values from Today at 5:55 pm
0.5 SFRXUSD = 86.75 L3 |
1 SFRXUSD = 173.51 L3 |
5 SFRXUSD = 867.54 L3 |
10 SFRXUSD = 1,735.08 L3 |
50 SFRXUSD = 8,675.38 L3 |
100 SFRXUSD = 17,350.76 L3 |
500 SFRXUSD = 86,753.79 L3 |
1,000 SFRXUSD = 173,507.58 L3 |
L3 to SFRXUSD values from Today at 5:58 pm
0.5 L3 = 0.002882 SFRXUSD |
1 L3 = 0.005763 SFRXUSD |
5 L3 = 0.02882 SFRXUSD |
10 L3 = 0.05763 SFRXUSD |
50 L3 = 0.2882 SFRXUSD |
100 L3 = 0.5763 SFRXUSD |
500 L3 = 2.88 SFRXUSD |
1,000 L3 = 5.76 SFRXUSD |
SFRXUSD to L3 over time
SFRXUSD | Today | 24H 1.31% | 1M 38.05% | 1Y 88.16% |
|---|---|---|---|---|
0.5 SFRXUSD | 86.75 L3 | 85.62 L3 | 53.75 L3 | 10.27 L3 |
1 SFRXUSD | 173.51 L3 | 171.24 L3 | 107.50 L3 | 20.55 L3 |
5 SFRXUSD | 867.54 L3 | 856.20 L3 | 537.48 L3 | 102.74 L3 |
10 SFRXUSD | 1,735.08 L3 | 1,712.40 L3 | 1,074.96 L3 | 205.49 L3 |
50 SFRXUSD | 8,675.38 L3 | 8,561.98 L3 | 5,374.80 L3 | 1,027.45 L3 |
100 SFRXUSD | 17,350.76 L3 | 17,123.96 L3 | 10,749.61 L3 | 2,054.90 L3 |
500 SFRXUSD | 86,753.79 L3 | 85,619.81 L3 | 53,748.04 L3 | 10,274.49 L3 |
1,000 SFRXUSD | 173,507.58 L3 | 171,239.63 L3 | 107,496.08 L3 | 20,548.97 L3 |
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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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.