Convert Staked Frax USD SFRXUSD to Treehouse ETH TETH
SFRXUSD to TETH: 1 Staked Frax USD converts to 0.0003537 TETH
About SFRXUSD and TETH
Staked Frax USD is falling, while Treehouse ETH is climbing this week. The current SFRXUSD to TETH conversion rate is 0.0003537. Inversely, this means that if you convert 1 TETH you will get 2,827.05 SFRXUSD. The conversion rate of SFRXUSD/TETH has increased by 0.16% in the last hour (TETH/SFRXUSD decreased by 0.16%). In the last 24 hours, SFRXUSD/TETH shrunk by 2.24%, while TETH/SFRXUSD grew by the same amount.
The exchange rate of Staked Frax USD is decreasing. The current value of 1 SFRXUSD is 0.0003537 TETH. In other words, to buy 5 Staked Frax USD, it would cost you 0.0017686 TETH. Inversely, 1 TETH would allow you to trade for 2,827.05 SFRXUSD while 50 TETH would convert to 141,352.73 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.74%. Meanwhile, in the last 24 hours, the rate has changed by 2.33%, and that the highest exchange rate of 1 SFRXUSD to TETH was 0.0003655 TETH and the lowest 24 hour value was 1 SFRXUSD for 0.0003478 TETH. Last month, 1 SFRXUSD was worth 0.0003897 TETH. Today, it's down 10.18%. Looking back a year, Staked Frax USD has changed by 0.0002267 TETH. That means that in a single year, the value of Staked Frax USD has grown by 35.91%.
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.
Treehouse ETH Market Stats
tETH is a liquid staking token (LST) that converges the fragmented on-chain ETH interest rates market. Holders of tETH earn real yield in excess of Ethereum’s Proof-of-Stake (PoS) rewards through interest rate arbitrage while still being able to use tETH for DeFi activities. tETH is also foundational to supporting the eventual implementation of Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism as well as the Treehouse Actively Validated Service (AVS).
Conversion tables
SFRXUSD to TETH values from Today at 5:10 am
0.5 SFRXUSD = 0.0001769 TETH |
1 SFRXUSD = 0.0003537 TETH |
5 SFRXUSD = 0.001769 TETH |
10 SFRXUSD = 0.003537 TETH |
50 SFRXUSD = 0.01769 TETH |
100 SFRXUSD = 0.03537 TETH |
500 SFRXUSD = 0.1769 TETH |
1,000 SFRXUSD = 0.3537 TETH |
TETH to SFRXUSD values from Today at 5:11 am
0.5 TETH = 1,413.53 SFRXUSD |
1 TETH = 2,827.05 SFRXUSD |
5 TETH = 14,135.27 SFRXUSD |
10 TETH = 28,270.55 SFRXUSD |
50 TETH = 141,352.73 SFRXUSD |
100 TETH = 282,705.46 SFRXUSD |
500 TETH = 1,413,527.32 SFRXUSD |
1,000 TETH = 2,827,054.64 SFRXUSD |
SFRXUSD to TETH over time
SFRXUSD | Today | 24H -2.33% | 1M -10.18% | 1Y 35.91% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.0001769 TETH | 0.000181 TETH | 0.0001949 TETH | 0.0001134 TETH |
1 SFRXUSD | 0.0003537 TETH | 0.000362 TETH | 0.0003897 TETH | 0.0002267 TETH |
5 SFRXUSD | 0.001769 TETH | 0.00181 TETH | 0.001949 TETH | 0.001134 TETH |
10 SFRXUSD | 0.003537 TETH | 0.00362 TETH | 0.003897 TETH | 0.002267 TETH |
50 SFRXUSD | 0.01769 TETH | 0.0181 TETH | 0.01949 TETH | 0.01134 TETH |
100 SFRXUSD | 0.03537 TETH | 0.0362 TETH | 0.03897 TETH | 0.02267 TETH |
500 SFRXUSD | 0.1769 TETH | 0.181 TETH | 0.1949 TETH | 0.1134 TETH |
1,000 SFRXUSD | 0.3537 TETH | 0.362 TETH | 0.3897 TETH | 0.2267 TETH |
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