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About SJUSD and RED
sjUSD is climbing, while Redstone is falling this week. The current SJUSD to RED conversion rate is 11.59. Inversely, this means that if you convert 1 RED you will get 0.08631 SJUSD. The conversion rate of SJUSD/RED has decreased by 0.56% in the last hour (RED/SJUSD increased by 0.56%). In the last 24 hours, SJUSD/RED grew by 0.9%, while RED/SJUSD shrunk by the same amount.
The exchange rate of sjUSD is increasing. The current value of 1 SJUSD is 11.59 RED. In other words, to buy 5 sjUSD, it would cost you 57.93 RED. Inversely, 1 RED would allow you to trade for 0.08631 SJUSD while 50 RED would convert to 4.32 SJUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.62%. Meanwhile, in the last 24 hours, the rate has changed by 0.89%, which means that the highest exchange rate of 1 SJUSD to RED was 11.85 RED and the lowest 24 hour value was 1 SJUSD for 11.44 RED. Last month, 1 SJUSD was worth 11.42 RED. Today, it's up 1.46%. Looking back a year, sjUSD has changed by 0.00 RED. 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.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Conversion tables
SJUSD to RED values from Today at 2:19 am
0.5 SJUSD = 5.79 RED |
1 SJUSD = 11.59 RED |
5 SJUSD = 57.93 RED |
10 SJUSD = 115.86 RED |
50 SJUSD = 579.31 RED |
100 SJUSD = 1,158.63 RED |
500 SJUSD = 5,793.15 RED |
1,000 SJUSD = 11,586.30 RED |
RED to SJUSD values from Today at 2:20 am
0.5 RED = 0.04315 SJUSD |
1 RED = 0.08631 SJUSD |
5 RED = 0.4315 SJUSD |
10 RED = 0.8631 SJUSD |
50 RED = 4.32 SJUSD |
100 RED = 8.63 SJUSD |
500 RED = 43.15 SJUSD |
1,000 RED = 86.31 SJUSD |
SJUSD to RED over time
SJUSD | Today | 24H 0.89% | 1M 1.46% | 1Y 100.00% |
|---|---|---|---|---|
0.5 SJUSD | 5.79 RED | 5.74 RED | 5.71 RED | 0.00 RED |
1 SJUSD | 11.59 RED | 11.48 RED | 11.42 RED | 0.00 RED |
5 SJUSD | 57.93 RED | 57.42 RED | 57.09 RED | 0.00 RED |
10 SJUSD | 115.86 RED | 114.83 RED | 114.17 RED | 0.00 RED |
50 SJUSD | 579.31 RED | 574.16 RED | 570.86 RED | 0.00 RED |
100 SJUSD | 1,158.63 RED | 1,148.32 RED | 1,141.72 RED | 0.00 RED |
500 SJUSD | 5,793.15 RED | 5,741.60 RED | 5,708.58 RED | 0.00 RED |
1,000 SJUSD | 11,586.30 RED | 11,483.19 RED | 11,417.15 RED | 0.00 RED |
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 Santiment Network Token, Fusion, and BytomDAO. For a more robust list of assets to explore, jump to the asset page dedicated to sjUSD.
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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.