Convert Staked Frax USD SFRXUSD to Sky SKY
SFRXUSD to SKY: 1 Staked Frax USD converts to 20.46 SKY
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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 SKY
Staked Frax USD is climbing, while Sky is falling this week. The current SFRXUSD to SKY conversion rate is 20.46. Inversely, this means that if you convert 1 SKY you will get 0.04887 SFRXUSD. The conversion rate of SFRXUSD/SKY has increased by 0.06% in the last hour (SKY/SFRXUSD decreased by 0.06%). In the last 24 hours, SFRXUSD/SKY grew by 8.85%, while SKY/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 20.46 SKY. In other words, to buy 5 Staked Frax USD, it would cost you 102.31 SKY. Inversely, 1 SKY would allow you to trade for 0.04887 SFRXUSD while 50 SKY would convert to 2.44 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.72%. Meanwhile, in the last 24 hours, the rate has changed by 8.67%, which means that the highest exchange rate of 1 SFRXUSD to SKY was 20.90 SKY and the lowest 24 hour value was 1 SFRXUSD for 18.69 SKY. Last month, 1 SFRXUSD was worth 14.89 SKY. Today, it's up 27.24%. Looking back a year, Staked Frax USD has changed by 15.43 SKY. That means that in a single year, the value of Staked Frax USD has grown by 24.61%.
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.
Sky Market Stats
The SKY token is the native governance and utility token of the Sky Protocol, a decentralized finance (DeFi) platform that evolved from MakerDAO. It plays a central role in the protocol’s ecosystem, supporting a range of financial services and community-driven governance.
Conversion tables
SFRXUSD to SKY values from Today at 1:49 am
0.5 SFRXUSD = 10.23 SKY |
1 SFRXUSD = 20.46 SKY |
5 SFRXUSD = 102.31 SKY |
10 SFRXUSD = 204.63 SKY |
50 SFRXUSD = 1,023.13 SKY |
100 SFRXUSD = 2,046.26 SKY |
500 SFRXUSD = 10,231.29 SKY |
1,000 SFRXUSD = 20,462.59 SKY |
SKY to SFRXUSD values from Today at 1:51 am
0.5 SKY = 0.02443 SFRXUSD |
1 SKY = 0.04887 SFRXUSD |
5 SKY = 0.2443 SFRXUSD |
10 SKY = 0.4887 SFRXUSD |
50 SKY = 2.44 SFRXUSD |
100 SKY = 4.89 SFRXUSD |
500 SKY = 24.43 SFRXUSD |
1,000 SKY = 48.87 SFRXUSD |
SFRXUSD to SKY over time
SFRXUSD | Today | 24H 8.67% | 1M 27.24% | 1Y 24.61% |
|---|---|---|---|---|
0.5 SFRXUSD | 10.23 SKY | 9.34 SKY | 7.44 SKY | 7.71 SKY |
1 SFRXUSD | 20.46 SKY | 18.69 SKY | 14.89 SKY | 15.43 SKY |
5 SFRXUSD | 102.31 SKY | 93.44 SKY | 74.44 SKY | 77.14 SKY |
10 SFRXUSD | 204.63 SKY | 186.88 SKY | 148.88 SKY | 154.27 SKY |
50 SFRXUSD | 1,023.13 SKY | 934.39 SKY | 744.39 SKY | 771.36 SKY |
100 SFRXUSD | 2,046.26 SKY | 1,868.78 SKY | 1,488.79 SKY | 1,542.72 SKY |
500 SFRXUSD | 10,231.29 SKY | 9,343.90 SKY | 7,443.94 SKY | 7,713.58 SKY |
1,000 SFRXUSD | 20,462.59 SKY | 18,687.80 SKY | 14,887.89 SKY | 15,427.15 SKY |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.20.
Based on the current rate, you could get 0.8352 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 $5.99
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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