Convert Wrapped Bitcoin WBTC to f(x) Protocol FXN
WBTC to FXN: 1 Wrapped Bitcoin converts to 4,893.09 FXN
About WBTC and FXN
Wrapped Bitcoin is climbing, while f(x) Protocol is falling this week. The current WBTC to FXN conversion rate is 4,893.09. Inversely, this means that if you convert 1 FXN you will get 0.0002044 WBTC. The conversion rate of WBTC/FXN has increased by 1.37% in the last hour (FXN/WBTC decreased by 1.37%). In the last 24 hours, WBTC/FXN grew by 1.62%, while FXN/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 4,893.09 FXN. In other words, to buy 5 Wrapped Bitcoin, it would cost you 24,465.44 FXN. Inversely, 1 FXN would allow you to trade for 0.0002044 WBTC while 50 FXN would convert to 0.01022 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.44%. Meanwhile, in the last 24 hours, the rate has changed by 1.65%, and that the highest exchange rate of 1 WBTC to FXN was 4,974.81 FXN and the lowest 24 hour value was 1 WBTC for 4,763.33 FXN. Last month, 1 WBTC was worth 4,363.86 FXN. Today, it's up 10.82%. Looking back a year, Wrapped Bitcoin has changed by 1,034.03 FXN. That means that in a single year, the value of Wrapped Bitcoin has grown by 78.87%.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
f(x) Protocol Market Stats
f(x) Protocol is a decentralized stablecoin and leverage trading system on Ethereum. Its core product is fxUSD, an overcollateralized stablecoin backed solely by stETH and wBTC, with no off-chain custody. Users can borrow fxUSD against stETH or wBTC collateral for a flat one-time fee, or open leveraged long and short positions on ETH and BTC, which loop fxUSD against the same collateral for up to 7x exposure. Both paths mint fxUSD against the same backing. Yield is generated from two real sources: stETH staking rewards on the underlying collateral, and fees paid by borrowers and leverage traders. That yield flows to the Stability Pool, where users can deposit fxUSD or USDC to earn it. The yield is organic, with no FXN emissions or token inflation funding it.
Conversion tables
WBTC to FXN values from Today at 2:28 pm
0.5 WBTC = 2,446.54 FXN |
1 WBTC = 4,893.09 FXN |
5 WBTC = 24,465.44 FXN |
10 WBTC = 48,930.89 FXN |
50 WBTC = 244,654.43 FXN |
100 WBTC = 489,308.86 FXN |
500 WBTC = 2,446,544.32 FXN |
1,000 WBTC = 4,893,088.63 FXN |
FXN to WBTC values from Today at 2:30 pm
0.5 FXN = 0.0001022 WBTC |
1 FXN = 0.0002044 WBTC |
5 FXN = 0.001022 WBTC |
10 FXN = 0.002044 WBTC |
50 FXN = 0.01022 WBTC |
100 FXN = 0.02044 WBTC |
500 FXN = 0.1022 WBTC |
1,000 FXN = 0.2044 WBTC |
WBTC to FXN over time
WBTC | Today | 24H 1.65% | 1M 10.82% | 1Y 78.87% |
|---|---|---|---|---|
0.5 WBTC | 2,446.54 FXN | 2,406.21 FXN | 2,181.93 FXN | 517.01 FXN |
1 WBTC | 4,893.09 FXN | 4,812.42 FXN | 4,363.86 FXN | 1,034.03 FXN |
5 WBTC | 24,465.44 FXN | 24,062.12 FXN | 21,819.32 FXN | 5,170.14 FXN |
10 WBTC | 48,930.89 FXN | 48,124.24 FXN | 43,638.64 FXN | 10,340.28 FXN |
50 WBTC | 244,654.43 FXN | 240,621.20 FXN | 218,193.19 FXN | 51,701.41 FXN |
100 WBTC | 489,308.86 FXN | 481,242.41 FXN | 436,386.39 FXN | 103,402.82 FXN |
500 WBTC | 2,446,544.32 FXN | 2,406,212.03 FXN | 2,181,931.95 FXN | 517,014.12 FXN |
1,000 WBTC | 4,893,088.63 FXN | 4,812,424.06 FXN | 4,363,863.89 FXN | 1,034,028.23 FXN |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $64,558.76.
Based on the current rate, you could get 0.00001549 WBTC for 1 USD.
Wrapped Bitcoin price has been declining. Since yesterday, the exchange rate of Wrapped Bitcoin has decreased. Since last month, the exchange rate of Wrapped Bitcoin has decreased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00007745 WBTC. Inversely, 5 WBTC will cost about $322,793.82
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Lido wstETH, Wrapped Beacon ETH, and USDS. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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