Convert Superstate Short Duration U.S. Government Securities Fund (USTB) USTB to Dai DAI
1 USTB converts to 11.12 DAI
About USTB and DAI
Superstate Short Duration U.S. Government Securities Fund (USTB) is climbing, while Dai is falling this week. The current USTB to DAI conversion rate is 11.12. Inversely, this means that if you convert 1 DAI you will get 0.08992 USTB. The conversion rate of USTB/DAI has decreased by 0.02% in the last hour (DAI/USTB increased by 0.02%). In the last 24 hours, USTB/DAI grew by 0.01%, while DAI/USTB shrunk by the same amount.
The exchange rate of Superstate Short Duration U.S. Government Securities Fund (USTB) is increasing. The current value of 1 USTB is 11.12 DAI. In other words, to buy 5 Superstate Short Duration U.S. Government Securities Fund (USTB), it would cost you 55.60 DAI. Inversely, 1 DAI would allow you to trade for 0.08992 USTB while 50 DAI would convert to 4.50 USTB, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.07%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 USTB to DAI was 11.13 DAI and the lowest 24 hour value was 1 USTB for 11.12 DAI. Last month, 1 USTB was worth 11.09 DAI. Today, it's up 0.3%. Looking back a year, Superstate Short Duration U.S. Government Securities Fund (USTB) has changed by 10.72 DAI. That means that in a single year, the value of Superstate Short Duration U.S. Government Securities Fund (USTB) has grown by 3.63%.
Superstate Short Duration U.S. Government Securities Fund (USTB) Market Stats
USTB’s innovative structure and partnership with established service providers breaks new ground in the private funds space. The fund invests in short duration U.S. Treasury and U.S. Agency securities, targeting the federal funds rate, with a 0.15% management fee.1 Accepted U.S. Qualified Purchasers are able to subscribe to and redeem from the Fund using USDC2 at a daily NAV which is calculated by NAV Consulting. USTB’s Ethereum-based Allowlist enables on-chain ownership, transfer, and compliance. Additionally in the future, it is likely that peer-to-peer transactions will be possible, subject to applicable restrictions. The Fund’s flexibility carries through to custody; investors can self-custody USTB in the on-chain addresses of their choice, such as an EOA, multi-sig, or MPC wallet. Additionally, investors can choose to utilize Anchorage Digital Bank National Association, a custodian and federally chartered bank, or BitGo, a qualified custodian and New York state chartered trust. Superstate, an Exempt Reporting Adviser, serves as the Fund’s investment manager, with Federated Hermes serving as the Fund’s sub-advisor. USTB is a series of a Delaware Trust, which is legally separate from Superstate. For more Fund details, please consult the USTB information page. USTB marks the start of our mission to tokenize the world’s assets. We’re committed to developing regulated, modern investing products that enhance investment opportunities for institutions, and, ultimately, all investors.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Conversion tables
USTB to DAI values from Today at 12:28 pm
0.5 USTB = 5.56 DAI |
1 USTB = 11.12 DAI |
5 USTB = 55.60 DAI |
10 USTB = 111.21 DAI |
50 USTB = 556.05 DAI |
100 USTB = 1,112.10 DAI |
500 USTB = 5,560.48 DAI |
1,000 USTB = 11,120.95 DAI |
DAI to USTB values from Today at 12:26 pm
0.5 DAI = 0.04496 USTB |
1 DAI = 0.08992 USTB |
5 DAI = 0.4496 USTB |
10 DAI = 0.8992 USTB |
50 DAI = 4.50 USTB |
100 DAI = 8.99 USTB |
500 DAI = 44.96 USTB |
1,000 DAI = 89.92 USTB |
USTB to DAI over time
USTB | Today | 24H 0.01% | 1M 0.30% | 1Y 3.63% |
|---|---|---|---|---|
0.5 USTB | 5.56 DAI | 5.56 DAI | 5.54 DAI | 5.36 DAI |
1 USTB | 11.12 DAI | 11.12 DAI | 11.09 DAI | 10.72 DAI |
5 USTB | 55.60 DAI | 55.60 DAI | 55.44 DAI | 53.59 DAI |
10 USTB | 111.21 DAI | 111.20 DAI | 110.88 DAI | 107.17 DAI |
50 USTB | 556.05 DAI | 555.99 DAI | 554.40 DAI | 535.87 DAI |
100 USTB | 1,112.10 DAI | 1,111.98 DAI | 1,108.81 DAI | 1,071.74 DAI |
500 USTB | 5,560.48 DAI | 5,559.90 DAI | 5,544.03 DAI | 5,358.70 DAI |
1,000 USTB | 11,120.95 DAI | 11,119.80 DAI | 11,088.06 DAI | 10,717.41 DAI |
Frequently asked questions
Right now, 1 Superstate Short Duration U.S. Government Securities Fund (USTB) is worth about $11.12.
Based on the current rate, you could get 0.08995 USTB for 1 USD.
Superstate Short Duration U.S. Government Securities Fund (USTB) price has been on the rise. Since yesterday, the exchange rate of Superstate Short Duration U.S. Government Securities Fund (USTB) has increased. Since last month, the exchange rate of Superstate Short Duration U.S. Government Securities Fund (USTB) has increased. Since this time last year, the price of Superstate Short Duration U.S. Government Securities Fund (USTB) has increased.
You can use our USTB to USD calculator at the top of this page to convert any amount of USTB to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.4498 USTB. Inversely, 5 USTB will cost about $55.58
Superstate Short Duration U.S. Government Securities Fund (USTB) can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Superstate Short Duration U.S. Government Securities Fund (USTB).
There are a number of crypto assets that have the a similar or comparable market cap to Superstate Short Duration U.S. Government Securities Fund (USTB), including Cindicator, Aave, and BnkToTheFuture. For a more robust list of assets to explore, jump to the asset page dedicated to Superstate Short Duration U.S. Government Securities Fund (USTB).
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