Convert Sperax SPA to Backed IBTA $ Treasury Bond 1-3yr BIBTA
1 SPA converts to 0.0004215 BIBTA
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About SPA and BIBTA
Sperax is falling, while Backed IBTA $ Treasury Bond 1-3yr is climbing this week. The current SPA to BIBTA conversion rate is 0.0004215. Inversely, this means that if you convert 1 BIBTA you will get 2,372.35 SPA. The conversion rate of SPA/BIBTA has decreased by 0.02% in the last hour (BIBTA/SPA increased by 0.02%). In the last 24 hours, SPA/BIBTA shrunk by 4.03%, while BIBTA/SPA grew by the same amount.
The exchange rate of Sperax is decreasing. The current value of 1 SPA is 0.0004215 BIBTA. In other words, to buy 5 Sperax, it would cost you 0.0021076 BIBTA. Inversely, 1 BIBTA would allow you to trade for 2,372.35 SPA while 50 BIBTA would convert to 118,617.66 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.7%. Meanwhile, in the last 24 hours, the rate has changed by 3.92%, and that the highest exchange rate of 1 SPA to BIBTA was 0.000438 BIBTA and the lowest 24 hour value was 1 SPA for 0.0004161 BIBTA. Last month, 1 SPA was worth 0.0004862 BIBTA. Today, it's down 15.34%. Looking back a year, Sperax has changed by 0.002061 BIBTA. That means that in a single year, the value of Sperax has shrank by 388.9%.
Sperax Market Stats
SPA is the governance token of the Sperax ecosystem. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD - a stablecoin featuring ‘auto-yield’ generation. SPA tokens must be staked in order to participate in the Sperax DAO. Sperax ecosystem is governed by community of SPA stakers or veSPA holders, who make up Sperax DAO.
Backed IBTA $ Treasury Bond 1-3yr Market Stats
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bIBTA tracks the iShares $ Treasury Bond 1-3yr UCITS ETF, aiming to reflect an index of USD bonds by the US Treasury with 1-3yr maturities. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)
Conversion tables
SPA to BIBTA values from Today at 12:26 pm
0.5 SPA = 0.0002108 BIBTA |
1 SPA = 0.0004215 BIBTA |
5 SPA = 0.002108 BIBTA |
10 SPA = 0.004215 BIBTA |
50 SPA = 0.02108 BIBTA |
100 SPA = 0.04215 BIBTA |
500 SPA = 0.2108 BIBTA |
1,000 SPA = 0.4215 BIBTA |
BIBTA to SPA values from Today at 12:26 pm
0.5 BIBTA = 1,186.18 SPA |
1 BIBTA = 2,372.35 SPA |
5 BIBTA = 11,861.77 SPA |
10 BIBTA = 23,723.53 SPA |
50 BIBTA = 118,617.66 SPA |
100 BIBTA = 237,235.32 SPA |
500 BIBTA = 1,186,176.59 SPA |
1,000 BIBTA = 2,372,353.18 SPA |
SPA to BIBTA over time
SPA | Today | 24H -3.92% | 1M -15.34% | 1Y -388.90% |
|---|---|---|---|---|
0.5 SPA | 0.0002108 BIBTA | 0.000219 BIBTA | 0.0002431 BIBTA | 0.00103 BIBTA |
1 SPA | 0.0004215 BIBTA | 0.000438 BIBTA | 0.0004862 BIBTA | 0.002061 BIBTA |
5 SPA | 0.002108 BIBTA | 0.00219 BIBTA | 0.002431 BIBTA | 0.0103 BIBTA |
10 SPA | 0.004215 BIBTA | 0.00438 BIBTA | 0.004862 BIBTA | 0.02061 BIBTA |
50 SPA | 0.02108 BIBTA | 0.0219 BIBTA | 0.02431 BIBTA | 0.103 BIBTA |
100 SPA | 0.04215 BIBTA | 0.0438 BIBTA | 0.04862 BIBTA | 0.2061 BIBTA |
500 SPA | 0.2108 BIBTA | 0.219 BIBTA | 0.2431 BIBTA | 1.03 BIBTA |
1,000 SPA | 0.4215 BIBTA | 0.438 BIBTA | 0.4862 BIBTA | 2.06 BIBTA |
Frequently asked questions
Right now, 1 Sperax is worth about $0.002503.
Based on the current rate, you could get 399.52 SPA for 1 USD.
Sperax price has been declining. Since yesterday, the exchange rate of Sperax has decreased. Since last month, the exchange rate of Sperax has decreased. Since this time last year, the price of Sperax has decreased.
You can use our SPA to USD calculator at the top of this page to convert any amount of SPA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,997.60 SPA. Inversely, 5 SPA will cost about $0.01252
Sperax is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Sperax.
There are a number of crypto assets that have the a similar or comparable market cap to Sperax, including Boson Protocol, VNX Swiss Franc, and OVERTAKE. For a more robust list of assets to explore, jump to the asset page dedicated to Sperax.
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