Convert Staked Frax USD SFRXUSD to Safe SAFE
SFRXUSD to SAFE: 1 Staked Frax USD converts to 11.15 SAFE
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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 SAFE
Staked Frax USD is climbing, while Safe is falling this week. The current SFRXUSD to SAFE conversion rate is 11.15. Inversely, this means that if you convert 1 SAFE you will get 0.08972 SFRXUSD. The conversion rate of SFRXUSD/SAFE has decreased by 0.74% in the last hour (SAFE/SFRXUSD increased by 0.74%). In the last 24 hours, SFRXUSD/SAFE grew by 6.91%, while SAFE/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 11.15 SAFE. In other words, to buy 5 Staked Frax USD, it would cost you 55.73 SAFE. Inversely, 1 SAFE would allow you to trade for 0.08972 SFRXUSD while 50 SAFE would convert to 4.49 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 16.29%. Meanwhile, in the last 24 hours, the rate has changed by 6.2%, which means that the highest exchange rate of 1 SFRXUSD to SAFE was 11.73 SAFE and the lowest 24 hour value was 1 SFRXUSD for 10.45 SAFE. Last month, 1 SFRXUSD was worth 8.35 SAFE. Today, it's up 25.09%. Looking back a year, Staked Frax USD has changed by 2.46 SAFE. That means that in a single year, the value of Staked Frax USD has grown by 77.95%.
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.
Safe Market Stats
Safe provides developers with an open-source and modular account abstraction stack. Safe also functions as a multi-sig wallet service provider to users and organizations. These wallets require permissions from multiple stakeholders to approve transactions from the address. Safe supports multi-sig wallets on several EVM networks, including Ethereum, Arbitrum, and Base. SAFE is the governance token of the SafeDAO. SAFE tokens can be used to vote on proposals related to Safe’s development.
Conversion tables
SFRXUSD to SAFE values from Today at 3:55 pm
0.5 SFRXUSD = 5.57 SAFE |
1 SFRXUSD = 11.15 SAFE |
5 SFRXUSD = 55.73 SAFE |
10 SFRXUSD = 111.45 SAFE |
50 SFRXUSD = 557.26 SAFE |
100 SFRXUSD = 1,114.53 SAFE |
500 SFRXUSD = 5,572.63 SAFE |
1,000 SFRXUSD = 11,145.27 SAFE |
SAFE to SFRXUSD values from Today at 3:58 pm
0.5 SAFE = 0.04486 SFRXUSD |
1 SAFE = 0.08972 SFRXUSD |
5 SAFE = 0.4486 SFRXUSD |
10 SAFE = 0.8972 SFRXUSD |
50 SAFE = 4.49 SFRXUSD |
100 SAFE = 8.97 SFRXUSD |
500 SAFE = 44.86 SFRXUSD |
1,000 SAFE = 89.72 SFRXUSD |
SFRXUSD to SAFE over time
SFRXUSD | Today | 24H 6.20% | 1M 25.09% | 1Y 77.95% |
|---|---|---|---|---|
0.5 SFRXUSD | 5.57 SAFE | 5.23 SAFE | 4.17 SAFE | 1.23 SAFE |
1 SFRXUSD | 11.15 SAFE | 10.45 SAFE | 8.35 SAFE | 2.46 SAFE |
5 SFRXUSD | 55.73 SAFE | 52.27 SAFE | 41.75 SAFE | 12.29 SAFE |
10 SFRXUSD | 111.45 SAFE | 104.55 SAFE | 83.49 SAFE | 24.57 SAFE |
50 SFRXUSD | 557.26 SAFE | 522.74 SAFE | 417.47 SAFE | 122.87 SAFE |
100 SFRXUSD | 1,114.53 SAFE | 1,045.48 SAFE | 834.94 SAFE | 245.73 SAFE |
500 SFRXUSD | 5,572.63 SAFE | 5,227.39 SAFE | 4,174.70 SAFE | 1,228.66 SAFE |
1,000 SFRXUSD | 11,145.27 SAFE | 10,454.79 SAFE | 8,349.40 SAFE | 2,457.31 SAFE |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.20.
Based on the current rate, you could get 0.8346 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, Venus ETH, 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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