Convert Staked Frax USD SFRXUSD to USDC USDC
SFRXUSD to USDC: 1 Staked Frax USD converts to 1.21 USDC
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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 USDC
Staked Frax USD is climbing, while USDC is falling this week. The current SFRXUSD to USDC conversion rate is 1.21. Inversely, this means that if you convert 1 USDC you will get 0.8254 SFRXUSD. The conversion rate of SFRXUSD/USDC has decreased by 0.01% in the last hour (USDC/SFRXUSD increased by 0.01%). In the last 24 hours, SFRXUSD/USDC grew by 0%, while USDC/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 1.21 USDC. In other words, to buy 5 Staked Frax USD, it would cost you 6.06 USDC. Inversely, 1 USDC would allow you to trade for 0.8254 SFRXUSD while 50 USDC would convert to 41.27 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.11%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 SFRXUSD to USDC was 1.22 USDC and the lowest 24 hour value was 1 SFRXUSD for 1.21 USDC. Last month, 1 SFRXUSD was worth 1.21 USDC. Today, it's up 0.38%. Looking back a year, Staked Frax USD has changed by 1.15 USDC. That means that in a single year, the value of Staked Frax USD has grown by 4.99%.
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.
USDC Market Stats
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
Conversion tables
SFRXUSD to USDC values from Today at 5:41 pm
0.5 SFRXUSD = 0.6058 USDC |
1 SFRXUSD = 1.21 USDC |
5 SFRXUSD = 6.06 USDC |
10 SFRXUSD = 12.12 USDC |
50 SFRXUSD = 60.58 USDC |
100 SFRXUSD = 121.16 USDC |
500 SFRXUSD = 605.80 USDC |
1,000 SFRXUSD = 1,211.60 USDC |
USDC to SFRXUSD values from Today at 5:44 pm
0.5 USDC = 0.4127 SFRXUSD |
1 USDC = 0.8254 SFRXUSD |
5 USDC = 4.13 SFRXUSD |
10 USDC = 8.25 SFRXUSD |
50 USDC = 41.27 SFRXUSD |
100 USDC = 82.54 SFRXUSD |
500 USDC = 412.68 SFRXUSD |
1,000 USDC = 825.36 SFRXUSD |
SFRXUSD to USDC over time
SFRXUSD | Today | 24H 0.01% | 1M 0.38% | 1Y 4.99% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.6058 USDC | 0.6058 USDC | 0.6035 USDC | 0.5756 USDC |
1 SFRXUSD | 1.21 USDC | 1.21 USDC | 1.21 USDC | 1.15 USDC |
5 SFRXUSD | 6.06 USDC | 6.06 USDC | 6.04 USDC | 5.76 USDC |
10 SFRXUSD | 12.12 USDC | 12.12 USDC | 12.07 USDC | 11.51 USDC |
50 SFRXUSD | 60.58 USDC | 60.58 USDC | 60.35 USDC | 57.56 USDC |
100 SFRXUSD | 121.16 USDC | 121.15 USDC | 120.70 USDC | 115.12 USDC |
500 SFRXUSD | 605.80 USDC | 605.77 USDC | 603.52 USDC | 575.58 USDC |
1,000 SFRXUSD | 1,211.60 USDC | 1,211.54 USDC | 1,207.03 USDC | 1,151.16 USDC |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.