Convert Staked Frax USD SFRXUSD to Wrapped Bitcoin WBTC
SFRXUSD to WBTC: 1 Staked Frax USD converts to 0.00001925 WBTC
About SFRXUSD and WBTC
Staked Frax USD is climbing, while Wrapped Bitcoin is falling this week. The current SFRXUSD to WBTC conversion rate is 0.00001925. Inversely, this means that if you convert 1 WBTC you will get 51,950.23 SFRXUSD. The conversion rate of SFRXUSD/WBTC has increased by 0.06% in the last hour (WBTC/SFRXUSD decreased by 0.06%). In the last 24 hours, SFRXUSD/WBTC grew by 0.83%, while WBTC/SFRXUSD shrunk by the same amount.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 0.00001925 WBTC. In other words, to buy 5 Staked Frax USD, it would cost you 0.00009625 WBTC. Inversely, 1 WBTC would allow you to trade for 51,950.23 SFRXUSD while 50 WBTC would convert to 2,597,511.61 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.81%. Meanwhile, in the last 24 hours, the rate has changed by 0.8%, which means that the highest exchange rate of 1 SFRXUSD to WBTC was 0.00001933 WBTC and the lowest 24 hour value was 1 SFRXUSD for 0.00001894 WBTC. Last month, 1 SFRXUSD was worth 0.00001935 WBTC. Today, it's down 0.55%. Looking back a year, Staked Frax USD has changed by 0.00000997 WBTC. That means that in a single year, the value of Staked Frax USD has grown by 48.21%.
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.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
SFRXUSD to WBTC values from Today at 1:06 pm
0.5 SFRXUSD = 0.000009625 WBTC |
1 SFRXUSD = 0.00001925 WBTC |
5 SFRXUSD = 0.00009625 WBTC |
10 SFRXUSD = 0.0001925 WBTC |
50 SFRXUSD = 0.0009625 WBTC |
100 SFRXUSD = 0.001925 WBTC |
500 SFRXUSD = 0.009625 WBTC |
1,000 SFRXUSD = 0.01925 WBTC |
WBTC to SFRXUSD values from Today at 1:09 pm
0.5 WBTC = 25,975.12 SFRXUSD |
1 WBTC = 51,950.23 SFRXUSD |
5 WBTC = 259,751.16 SFRXUSD |
10 WBTC = 519,502.32 SFRXUSD |
50 WBTC = 2,597,511.61 SFRXUSD |
100 WBTC = 5,195,023.22 SFRXUSD |
500 WBTC = 25,975,116.08 SFRXUSD |
1,000 WBTC = 51,950,232.16 SFRXUSD |
SFRXUSD to WBTC over time
SFRXUSD | Today | 24H 0.80% | 1M -0.55% | 1Y 48.21% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.000009625 WBTC | 0.000009548 WBTC | 0.000009677 WBTC | 0.000004985 WBTC |
1 SFRXUSD | 0.00001925 WBTC | 0.0000191 WBTC | 0.00001935 WBTC | 0.00000997 WBTC |
5 SFRXUSD | 0.00009625 WBTC | 0.00009548 WBTC | 0.00009677 WBTC | 0.00004985 WBTC |
10 SFRXUSD | 0.0001925 WBTC | 0.000191 WBTC | 0.0001935 WBTC | 0.0000997 WBTC |
50 SFRXUSD | 0.0009625 WBTC | 0.0009548 WBTC | 0.0009677 WBTC | 0.0004985 WBTC |
100 SFRXUSD | 0.001925 WBTC | 0.00191 WBTC | 0.001935 WBTC | 0.000997 WBTC |
500 SFRXUSD | 0.009625 WBTC | 0.009548 WBTC | 0.009677 WBTC | 0.004985 WBTC |
1,000 SFRXUSD | 0.01925 WBTC | 0.0191 WBTC | 0.01935 WBTC | 0.00997 WBTC |
Frequently asked questions
Right now, 1 Staked Frax USD is worth about $1.21.
Based on the current rate, you could get 0.8292 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 4.15 SFRXUSD. Inversely, 5 SFRXUSD will cost about $6.03
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 Venus ETH, Mantle Restaked Ether, 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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