Convert Synthetix Network Token SNX to Staked Frax USD SFRXUSD
SNX to SFRXUSD: 1 Synthetix Network Token converts to 0.2045 SFRXUSD
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About SNX and SFRXUSD
Synthetix Network Token is climbing, while Staked Frax USD is falling this week. The current SNX to SFRXUSD conversion rate is 0.2045. Inversely, this means that if you convert 1 SFRXUSD you will get 4.89 SNX. The conversion rate of SNX/SFRXUSD has decreased by 1.21% in the last hour (SFRXUSD/SNX increased by 1.21%). In the last 24 hours, SNX/SFRXUSD grew by 4.5%, while SFRXUSD/SNX shrunk by the same amount.
The exchange rate of Synthetix Network Token is increasing. The current value of 1 SNX is 0.2045 SFRXUSD. In other words, to buy 5 Synthetix Network Token, it would cost you 1.0227 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 4.89 SNX while 50 SFRXUSD would convert to 244.45 SNX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 20.07%. Meanwhile, in the last 24 hours, the rate has changed by 4.49%, and that the highest exchange rate of 1 SNX to SFRXUSD was 0.2087 SFRXUSD and the lowest 24 hour value was 1 SNX for 0.1949 SFRXUSD. Last month, 1 SNX was worth 0.2896 SFRXUSD. Today, it's down 41.58%. Looking back a year, Synthetix Network Token has changed by 0.579 SFRXUSD. That means that in a single year, the value of Synthetix Network Token has shrank by 183.09%.
Synthetix Network Token Market Stats
Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities.
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.
Conversion tables
SNX to SFRXUSD values from Today at 11:28 pm
0.5 SNX = 0.1023 SFRXUSD |
1 SNX = 0.2045 SFRXUSD |
5 SNX = 1.02 SFRXUSD |
10 SNX = 2.05 SFRXUSD |
50 SNX = 10.23 SFRXUSD |
100 SNX = 20.45 SFRXUSD |
500 SNX = 102.27 SFRXUSD |
1,000 SNX = 204.54 SFRXUSD |
SFRXUSD to SNX values from Today at 11:27 pm
0.5 SFRXUSD = 2.44 SNX |
1 SFRXUSD = 4.89 SNX |
5 SFRXUSD = 24.44 SNX |
10 SFRXUSD = 48.89 SNX |
50 SFRXUSD = 244.45 SNX |
100 SFRXUSD = 488.90 SNX |
500 SFRXUSD = 2,444.49 SNX |
1,000 SFRXUSD = 4,888.99 SNX |
SNX to SFRXUSD over time
SNX | Today | 24H 4.49% | 1M -41.58% | 1Y -183.09% |
|---|---|---|---|---|
0.5 SNX | 0.1023 SFRXUSD | 0.09768 SFRXUSD | 0.1448 SFRXUSD | 0.2895 SFRXUSD |
1 SNX | 0.2045 SFRXUSD | 0.1954 SFRXUSD | 0.2896 SFRXUSD | 0.579 SFRXUSD |
5 SNX | 1.02 SFRXUSD | 0.9768 SFRXUSD | 1.45 SFRXUSD | 2.90 SFRXUSD |
10 SNX | 2.05 SFRXUSD | 1.95 SFRXUSD | 2.90 SFRXUSD | 5.79 SFRXUSD |
50 SNX | 10.23 SFRXUSD | 9.77 SFRXUSD | 14.48 SFRXUSD | 28.95 SFRXUSD |
100 SNX | 20.45 SFRXUSD | 19.54 SFRXUSD | 28.96 SFRXUSD | 57.90 SFRXUSD |
500 SNX | 102.27 SFRXUSD | 97.68 SFRXUSD | 144.80 SFRXUSD | 289.52 SFRXUSD |
1,000 SNX | 204.54 SFRXUSD | 195.37 SFRXUSD | 289.60 SFRXUSD | 579.04 SFRXUSD |
Frequently asked questions
Right now, 1 Synthetix Network Token is worth about $0.245.
Based on the current rate, you could get 4.08 SNX for 1 USD.
Synthetix Network Token price has been on the rise. Since yesterday, the exchange rate of Synthetix Network Token has increased. Since last month, the exchange rate of Synthetix Network Token has decreased. Since this time last year, the price of Synthetix Network Token has decreased.
You can use our SNX to USD calculator at the top of this page to convert any amount of SNX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 20.41 SNX. Inversely, 5 SNX will cost about $1.23
Synthetix Network Token is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Synthetix Network Token.
There are a number of crypto assets that have the a similar or comparable market cap to Synthetix Network Token, including Aave SNX V2, Walrus, and Walrus. For a more robust list of assets to explore, jump to the asset page dedicated to Synthetix Network Token.
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