Convert Staked Frax USD SFRXUSD to Steakhouse USDC (Base) Morpho Vault STEAKUSDC
SFRXUSD to STEAKUSDC: 1 Staked Frax USD converts to 1.10 STEAKUSDC
About SFRXUSD and STEAKUSDC
Staked Frax USD is falling, while Steakhouse USDC (Base) Morpho Vault is climbing this week. The current SFRXUSD to STEAKUSDC conversion rate is 1.10. Inversely, this means that if you convert 1 STEAKUSDC you will get 0.9105 SFRXUSD. The conversion rate of SFRXUSD/STEAKUSDC has increased by 0.01% in the last hour (STEAKUSDC/SFRXUSD decreased by 0.01%). In the last 24 hours, SFRXUSD/STEAKUSDC shrunk by 0.02%, while STEAKUSDC/SFRXUSD grew by the same amount.
The exchange rate of Staked Frax USD is decreasing. The current value of 1 SFRXUSD is 1.10 STEAKUSDC. In other words, to buy 5 Staked Frax USD, it would cost you 5.49 STEAKUSDC. Inversely, 1 STEAKUSDC would allow you to trade for 0.9105 SFRXUSD while 50 STEAKUSDC would convert to 45.53 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.12%. Meanwhile, in the last 24 hours, the rate has changed by 0.02%, which means that the highest exchange rate of 1 SFRXUSD to STEAKUSDC was 1.10 STEAKUSDC and the lowest 24 hour value was 1 SFRXUSD for 1.10 STEAKUSDC. Last month, 1 SFRXUSD was worth 1.10 STEAKUSDC. Today, it's up 0.16%. Looking back a year, Staked Frax USD has changed by 1.08 STEAKUSDC. That means that in a single year, the value of Staked Frax USD has grown by 1.21%.
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.
Steakhouse USDC (Base) Morpho Vault Market Stats
Steakhouse vaults aims to optimize yields by lending deposited assets against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions. We call this the "dual engine." Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
Conversion tables
SFRXUSD to STEAKUSDC values from Today at 3:09 pm
0.5 SFRXUSD = 0.5491 STEAKUSDC |
1 SFRXUSD = 1.10 STEAKUSDC |
5 SFRXUSD = 5.49 STEAKUSDC |
10 SFRXUSD = 10.98 STEAKUSDC |
50 SFRXUSD = 54.91 STEAKUSDC |
100 SFRXUSD = 109.83 STEAKUSDC |
500 SFRXUSD = 549.14 STEAKUSDC |
1,000 SFRXUSD = 1,098.29 STEAKUSDC |
STEAKUSDC to SFRXUSD values from Today at 3:12 pm
0.5 STEAKUSDC = 0.4553 SFRXUSD |
1 STEAKUSDC = 0.9105 SFRXUSD |
5 STEAKUSDC = 4.55 SFRXUSD |
10 STEAKUSDC = 9.11 SFRXUSD |
50 STEAKUSDC = 45.53 SFRXUSD |
100 STEAKUSDC = 91.05 SFRXUSD |
500 STEAKUSDC = 455.25 SFRXUSD |
1,000 STEAKUSDC = 910.51 SFRXUSD |
SFRXUSD to STEAKUSDC over time
SFRXUSD | Today | 24H -0.02% | 1M 0.16% | 1Y 1.21% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.5491 STEAKUSDC | 0.5492 STEAKUSDC | 0.5483 STEAKUSDC | 0.5425 STEAKUSDC |
1 SFRXUSD | 1.10 STEAKUSDC | 1.10 STEAKUSDC | 1.10 STEAKUSDC | 1.08 STEAKUSDC |
5 SFRXUSD | 5.49 STEAKUSDC | 5.49 STEAKUSDC | 5.48 STEAKUSDC | 5.42 STEAKUSDC |
10 SFRXUSD | 10.98 STEAKUSDC | 10.98 STEAKUSDC | 10.97 STEAKUSDC | 10.85 STEAKUSDC |
50 SFRXUSD | 54.91 STEAKUSDC | 54.92 STEAKUSDC | 54.83 STEAKUSDC | 54.25 STEAKUSDC |
100 SFRXUSD | 109.83 STEAKUSDC | 109.85 STEAKUSDC | 109.66 STEAKUSDC | 108.49 STEAKUSDC |
500 SFRXUSD | 549.14 STEAKUSDC | 549.23 STEAKUSDC | 548.28 STEAKUSDC | 542.47 STEAKUSDC |
1,000 SFRXUSD | 1,098.29 STEAKUSDC | 1,098.46 STEAKUSDC | 1,096.56 STEAKUSDC | 1,084.95 STEAKUSDC |
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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