Convert Sperax SPA to Staked Frax USD SFRXUSD
SPA to SFRXUSD: 1 Sperax converts to 0.002898 SFRXUSD
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SPA and SFRXUSD
Sperax is climbing, while Staked Frax USD is falling this week. The current SPA to SFRXUSD conversion rate is 0.002898. Inversely, this means that if you convert 1 SFRXUSD you will get 345.11 SPA. The conversion rate of SPA/SFRXUSD has increased by 17.32% in the last hour (SFRXUSD/SPA decreased by 17.32%). In the last 24 hours, SPA/SFRXUSD grew by 34.1%, while SFRXUSD/SPA shrunk by the same amount.
The exchange rate of Sperax is increasing. The current value of 1 SPA is 0.002898 SFRXUSD. In other words, to buy 5 Sperax, it would cost you 0.014488 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 345.11 SPA while 50 SFRXUSD would convert to 17,255.38 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 34.51%. Meanwhile, in the last 24 hours, the rate has changed by 26.36%, which means that the highest exchange rate of 1 SPA to SFRXUSD was 0.00296 SFRXUSD and the lowest 24 hour value was 1 SPA for 0.002072 SFRXUSD. Last month, 1 SPA was worth 0.001795 SFRXUSD. Today, it's up 38.06%. Looking back a year, Sperax has changed by 0.00859 SFRXUSD. That means that in a single year, the value of Sperax has shrank by 196.46%.
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.
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
SPA to SFRXUSD values from Today at 5:25 am
0.5 SPA = 0.001449 SFRXUSD |
1 SPA = 0.002898 SFRXUSD |
5 SPA = 0.01449 SFRXUSD |
10 SPA = 0.02898 SFRXUSD |
50 SPA = 0.1449 SFRXUSD |
100 SPA = 0.2898 SFRXUSD |
500 SPA = 1.45 SFRXUSD |
1,000 SPA = 2.90 SFRXUSD |
SFRXUSD to SPA values from Today at 5:24 am
0.5 SFRXUSD = 172.55 SPA |
1 SFRXUSD = 345.11 SPA |
5 SFRXUSD = 1,725.54 SPA |
10 SFRXUSD = 3,451.08 SPA |
50 SFRXUSD = 17,255.38 SPA |
100 SFRXUSD = 34,510.77 SPA |
500 SFRXUSD = 172,553.83 SPA |
1,000 SFRXUSD = 345,107.66 SPA |
SPA to SFRXUSD over time
SPA | Today | 24H 26.36% | 1M 38.06% | 1Y -196.46% |
|---|---|---|---|---|
0.5 SPA | 0.001449 SFRXUSD | 0.001067 SFRXUSD | 0.0008974 SFRXUSD | 0.004295 SFRXUSD |
1 SPA | 0.002898 SFRXUSD | 0.002134 SFRXUSD | 0.001795 SFRXUSD | 0.00859 SFRXUSD |
5 SPA | 0.01449 SFRXUSD | 0.01067 SFRXUSD | 0.008974 SFRXUSD | 0.04295 SFRXUSD |
10 SPA | 0.02898 SFRXUSD | 0.02134 SFRXUSD | 0.01795 SFRXUSD | 0.0859 SFRXUSD |
50 SPA | 0.1449 SFRXUSD | 0.1067 SFRXUSD | 0.08974 SFRXUSD | 0.4295 SFRXUSD |
100 SPA | 0.2898 SFRXUSD | 0.2134 SFRXUSD | 0.1795 SFRXUSD | 0.859 SFRXUSD |
500 SPA | 1.45 SFRXUSD | 1.07 SFRXUSD | 0.8974 SFRXUSD | 4.30 SFRXUSD |
1,000 SPA | 2.90 SFRXUSD | 2.13 SFRXUSD | 1.79 SFRXUSD | 8.59 SFRXUSD |
Frequently asked questions
Buy Sperax with Coinbase
Create a Coinbase account to buy and sell Sperax on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.