Convert Wrapped Bitcoin WBTC to Rings scUSD SCUSD
WBTC to SCUSD: 1 Wrapped Bitcoin converts to 85,200.65 SCUSD
About WBTC and SCUSD
Wrapped Bitcoin is climbing, while Rings scUSD is falling this week. The current WBTC to SCUSD conversion rate is 85,200.65. Inversely, this means that if you convert 1 SCUSD you will get 0.00001174 WBTC. The conversion rate of WBTC/SCUSD has decreased by 0.58% in the last hour (SCUSD/WBTC increased by 0.58%). In the last 24 hours, WBTC/SCUSD grew by 0.44%, while SCUSD/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 85,200.65 SCUSD. In other words, to buy 5 Wrapped Bitcoin, it would cost you 426,003.25 SCUSD. Inversely, 1 SCUSD would allow you to trade for 0.00001174 WBTC while 50 SCUSD would convert to 0.0005868 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.79%. Meanwhile, in the last 24 hours, the rate has changed by 0.62%, which means that the highest exchange rate of 1 WBTC to SCUSD was 113,804.95 SCUSD and the lowest 24 hour value was 1 WBTC for 66,148.02 SCUSD. Last month, 1 WBTC was worth 77,210.10 SCUSD. Today, it's up 9.38%. Looking back a year, Wrapped Bitcoin has changed by 112,285.31 SCUSD. That means that in a single year, the value of Wrapped Bitcoin has shrank by 31.79%.
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.
Rings scUSD Market Stats
Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.
Conversion tables
WBTC to SCUSD values from Today at 12:55 pm
0.5 WBTC = 42,600.32 SCUSD |
1 WBTC = 85,200.65 SCUSD |
5 WBTC = 426,003.25 SCUSD |
10 WBTC = 852,006.49 SCUSD |
50 WBTC = 4,260,032.46 SCUSD |
100 WBTC = 8,520,064.91 SCUSD |
500 WBTC = 42,600,324.57 SCUSD |
1,000 WBTC = 85,200,649.13 SCUSD |
SCUSD to WBTC values from Today at 12:57 pm
0.5 SCUSD = 0.000005868 WBTC |
1 SCUSD = 0.00001174 WBTC |
5 SCUSD = 0.00005868 WBTC |
10 SCUSD = 0.0001174 WBTC |
50 SCUSD = 0.0005868 WBTC |
100 SCUSD = 0.001174 WBTC |
500 SCUSD = 0.005868 WBTC |
1,000 SCUSD = 0.01174 WBTC |
WBTC to SCUSD over time
WBTC | Today | 24H 0.62% | 1M 9.38% | 1Y -31.79% |
|---|---|---|---|---|
0.5 WBTC | 42,600.32 SCUSD | 42,337.00 SCUSD | 38,605.05 SCUSD | 56,142.65 SCUSD |
1 WBTC | 85,200.65 SCUSD | 84,674.00 SCUSD | 77,210.10 SCUSD | 112,285.31 SCUSD |
5 WBTC | 426,003.25 SCUSD | 423,370.00 SCUSD | 386,050.52 SCUSD | 561,426.53 SCUSD |
10 WBTC | 852,006.49 SCUSD | 846,740.00 SCUSD | 772,101.05 SCUSD | 1,122,853.06 SCUSD |
50 WBTC | 4,260,032.46 SCUSD | 4,233,700.02 SCUSD | 3,860,505.25 SCUSD | 5,614,265.28 SCUSD |
100 WBTC | 8,520,064.91 SCUSD | 8,467,400.04 SCUSD | 7,721,010.49 SCUSD | 11,228,530.57 SCUSD |
500 WBTC | 42,600,324.57 SCUSD | 42,337,000.19 SCUSD | 38,605,052.46 SCUSD | 56,142,652.85 SCUSD |
1,000 WBTC | 85,200,649.13 SCUSD | 84,674,000.37 SCUSD | 77,210,104.93 SCUSD | 112,285,305.69 SCUSD |
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