About SJUSD and MKR
sjUSD is climbing, while Maker is falling this week. The current SJUSD to MKR conversion rate is 0.0007234. Inversely, this means that if you convert 1 MKR you will get 1,382.34 SJUSD. The conversion rate of SJUSD/MKR has decreased by 0.04% in the last hour (MKR/SJUSD increased by 0.04%). In the last 24 hours, SJUSD/MKR grew by 3.12%, while MKR/SJUSD shrunk by the same amount.
The exchange rate of sjUSD is increasing. The current value of 1 SJUSD is 0.0007234 MKR. In other words, to buy 5 sjUSD, it would cost you 0.0036171 MKR. Inversely, 1 MKR would allow you to trade for 1,382.34 SJUSD while 50 MKR would convert to 69,116.83 SJUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.16%. Meanwhile, in the last 24 hours, the rate has changed by 3.06%, and that the highest exchange rate of 1 SJUSD to MKR was 0.0007419 MKR and the lowest 24 hour value was 1 SJUSD for 0.0006918 MKR. Last month, 1 SJUSD was worth 0.0006911 MKR. Today, it's up 4.47%. Looking back a year, sjUSD has changed by 0.00 MKR. That means that in a single year, the value of sjUSD has grown by 100%.
sjUSD Market Stats
jUSD is a decentralized synthetic dollar issued by Aegis. It maintains a stable value close to $1 and is backed by collateral held in JLP, the liquidity provider token of the “Jupiter Perps” exchange. JLP earns yield from trading fees, funding payments, and liquidation revenue generated by perpetual futures markets. Price exposure from JLP is mitigated by shorting the corresponding perpetual futures for each underlying volatile asset. This creates a delta-neutral position that allows jUSD to function as a yield-generating digital dollar.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
SJUSD to MKR values from Today at 10:29 pm
0.5 SJUSD = 0.0003617 MKR |
1 SJUSD = 0.0007234 MKR |
5 SJUSD = 0.003617 MKR |
10 SJUSD = 0.007234 MKR |
50 SJUSD = 0.03617 MKR |
100 SJUSD = 0.07234 MKR |
500 SJUSD = 0.3617 MKR |
1,000 SJUSD = 0.7234 MKR |
MKR to SJUSD values from Today at 10:27 pm
0.5 MKR = 691.17 SJUSD |
1 MKR = 1,382.34 SJUSD |
5 MKR = 6,911.68 SJUSD |
10 MKR = 13,823.37 SJUSD |
50 MKR = 69,116.83 SJUSD |
100 MKR = 138,233.65 SJUSD |
500 MKR = 691,168.26 SJUSD |
1,000 MKR = 1,382,336.51 SJUSD |
SJUSD to MKR over time
SJUSD | Today | 24H 3.06% | 1M 4.47% | 1Y 100.00% |
|---|---|---|---|---|
0.5 SJUSD | 0.0003617 MKR | 0.0003507 MKR | 0.0003456 MKR | 0.00 MKR |
1 SJUSD | 0.0007234 MKR | 0.0007013 MKR | 0.0006911 MKR | 0.00 MKR |
5 SJUSD | 0.003617 MKR | 0.003507 MKR | 0.003456 MKR | 0.00 MKR |
10 SJUSD | 0.007234 MKR | 0.007013 MKR | 0.006911 MKR | 0.00 MKR |
50 SJUSD | 0.03617 MKR | 0.03507 MKR | 0.03456 MKR | 0.00 MKR |
100 SJUSD | 0.07234 MKR | 0.07013 MKR | 0.06911 MKR | 0.00 MKR |
500 SJUSD | 0.3617 MKR | 0.3507 MKR | 0.3456 MKR | 0.00 MKR |
1,000 SJUSD | 0.7234 MKR | 0.7013 MKR | 0.6911 MKR | 0.00 MKR |
Frequently asked questions
Right now, 1 sjUSD is worth about $1.03.
Based on the current rate, you could get 0.9687 SJUSD for 1 USD.
You can use our SJUSD to USD calculator at the top of this page to convert any amount of SJUSD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.84 SJUSD. Inversely, 5 SJUSD will cost about $5.16
sjUSD can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy sjUSD.
There are a number of crypto assets that have the a similar or comparable market cap to sjUSD, including ThunderCore Bridged TT-WBTC (ThunderCore), Metis Bridged WBTC (Metis Andromeda), and Fuse Bridged WBTC (Fuse). For a more robust list of assets to explore, jump to the asset page dedicated to sjUSD.
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