Convert Staked Frax USD SFRXUSD to Maker MKR
1 SFRXUSD converts to 0.0008608 MKR
About SFRXUSD and MKR
Staked Frax USD is falling, while Maker is climbing this week. The current SFRXUSD to MKR conversion rate is 0.0008608. Inversely, this means that if you convert 1 MKR you will get 1,161.76 SFRXUSD. The conversion rate of SFRXUSD/MKR has decreased by 0.58% in the last hour (MKR/SFRXUSD increased by 0.58%). In the last 24 hours, SFRXUSD/MKR shrunk by 2.51%, while MKR/SFRXUSD grew by the same amount.
The exchange rate of Staked Frax USD is decreasing. The current value of 1 SFRXUSD is 0.0008608 MKR. In other words, to buy 5 Staked Frax USD, it would cost you 0.0043038 MKR. Inversely, 1 MKR would allow you to trade for 1,161.76 SFRXUSD while 50 MKR would convert to 58,088.04 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.19%. Meanwhile, in the last 24 hours, the rate has changed by 2.86%, and that the highest exchange rate of 1 SFRXUSD to MKR was 0.0009052 MKR and the lowest 24 hour value was 1 SFRXUSD for 0.0008524 MKR. Last month, 1 SFRXUSD was worth 0.0007283 MKR. Today, it's up 15.38%. Looking back a year, Staked Frax USD has changed by 0.0005627 MKR. That means that in a single year, the value of Staked Frax USD has grown by 34.63%.
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.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
SFRXUSD to MKR values from Today at 4:03 pm
0.5 SFRXUSD = 0.0004304 MKR |
1 SFRXUSD = 0.0008608 MKR |
5 SFRXUSD = 0.004304 MKR |
10 SFRXUSD = 0.008608 MKR |
50 SFRXUSD = 0.04304 MKR |
100 SFRXUSD = 0.08608 MKR |
500 SFRXUSD = 0.4304 MKR |
1,000 SFRXUSD = 0.8608 MKR |
MKR to SFRXUSD values from Today at 4:04 pm
0.5 MKR = 580.88 SFRXUSD |
1 MKR = 1,161.76 SFRXUSD |
5 MKR = 5,808.80 SFRXUSD |
10 MKR = 11,617.61 SFRXUSD |
50 MKR = 58,088.04 SFRXUSD |
100 MKR = 116,176.08 SFRXUSD |
500 MKR = 580,880.42 SFRXUSD |
1,000 MKR = 1,161,760.83 SFRXUSD |
SFRXUSD to MKR over time
SFRXUSD | Today | 24H -2.86% | 1M 15.38% | 1Y 34.63% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.0004304 MKR | 0.0004427 MKR | 0.0003642 MKR | 0.0002814 MKR |
1 SFRXUSD | 0.0008608 MKR | 0.0008854 MKR | 0.0007283 MKR | 0.0005627 MKR |
5 SFRXUSD | 0.004304 MKR | 0.004427 MKR | 0.003642 MKR | 0.002814 MKR |
10 SFRXUSD | 0.008608 MKR | 0.008854 MKR | 0.007283 MKR | 0.005627 MKR |
50 SFRXUSD | 0.04304 MKR | 0.04427 MKR | 0.03642 MKR | 0.02814 MKR |
100 SFRXUSD | 0.08608 MKR | 0.08854 MKR | 0.07283 MKR | 0.05627 MKR |
500 SFRXUSD | 0.4304 MKR | 0.4427 MKR | 0.3642 MKR | 0.2814 MKR |
1,000 SFRXUSD | 0.8608 MKR | 0.8854 MKR | 0.7283 MKR | 0.5627 MKR |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.20.
Based on the current rate, you could get 0.8334 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 4.17 SFRXUSD. Inversely, 5 SFRXUSD will cost about $6.00
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 ether.fi Staked BTC, Venus ETH, 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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