Convert Wrapped Bitcoin WBTC to Staked Frax USD SFRXUSD
WBTC to SFRXUSD: 1 Wrapped Bitcoin converts to 52,048.96 SFRXUSD
About WBTC and SFRXUSD
Wrapped Bitcoin is climbing, while Staked Frax USD is falling this week. The current WBTC to SFRXUSD conversion rate is 52,048.96. Inversely, this means that if you convert 1 SFRXUSD you will get 0.00001921 WBTC. The conversion rate of WBTC/SFRXUSD has increased by 0.26% in the last hour (SFRXUSD/WBTC decreased by 0.26%). In the last 24 hours, WBTC/SFRXUSD grew by 1.86%, while SFRXUSD/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 52,048.96 SFRXUSD. In other words, to buy 5 Wrapped Bitcoin, it would cost you 260,244.79 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 0.00001921 WBTC while 50 SFRXUSD would convert to 0.0009606 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.78%. Meanwhile, in the last 24 hours, the rate has changed by 1.92%, which means that the highest exchange rate of 1 WBTC to SFRXUSD was 52,160.41 SFRXUSD and the lowest 24 hour value was 1 WBTC for 51,051.21 SFRXUSD. Last month, 1 WBTC was worth 53,533.80 SFRXUSD. Today, it's down 2.85%. Looking back a year, Wrapped Bitcoin has changed by 94,879.36 SFRXUSD. That means that in a single year, the value of Wrapped Bitcoin has shrank by 82.29%.
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.
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
WBTC to SFRXUSD values from Today at 3:55 am
0.5 WBTC = 26,024.48 SFRXUSD |
1 WBTC = 52,048.96 SFRXUSD |
5 WBTC = 260,244.79 SFRXUSD |
10 WBTC = 520,489.59 SFRXUSD |
50 WBTC = 2,602,447.95 SFRXUSD |
100 WBTC = 5,204,895.90 SFRXUSD |
500 WBTC = 26,024,479.49 SFRXUSD |
1,000 WBTC = 52,048,958.97 SFRXUSD |
SFRXUSD to WBTC values from Today at 3:53 am
0.5 SFRXUSD = 0.000009606 WBTC |
1 SFRXUSD = 0.00001921 WBTC |
5 SFRXUSD = 0.00009606 WBTC |
10 SFRXUSD = 0.0001921 WBTC |
50 SFRXUSD = 0.0009606 WBTC |
100 SFRXUSD = 0.001921 WBTC |
500 SFRXUSD = 0.009606 WBTC |
1,000 SFRXUSD = 0.01921 WBTC |
WBTC to SFRXUSD over time
WBTC | Today | 24H 1.92% | 1M -2.85% | 1Y -82.29% |
|---|---|---|---|---|
0.5 WBTC | 26,024.48 SFRXUSD | 25,525.60 SFRXUSD | 26,766.90 SFRXUSD | 47,439.68 SFRXUSD |
1 WBTC | 52,048.96 SFRXUSD | 51,051.21 SFRXUSD | 53,533.80 SFRXUSD | 94,879.36 SFRXUSD |
5 WBTC | 260,244.79 SFRXUSD | 255,256.04 SFRXUSD | 267,669.00 SFRXUSD | 474,396.78 SFRXUSD |
10 WBTC | 520,489.59 SFRXUSD | 510,512.08 SFRXUSD | 535,338.00 SFRXUSD | 948,793.55 SFRXUSD |
50 WBTC | 2,602,447.95 SFRXUSD | 2,552,560.38 SFRXUSD | 2,676,690.00 SFRXUSD | 4,743,967.77 SFRXUSD |
100 WBTC | 5,204,895.90 SFRXUSD | 5,105,120.76 SFRXUSD | 5,353,380.00 SFRXUSD | 9,487,935.53 SFRXUSD |
500 WBTC | 26,024,479.49 SFRXUSD | 25,525,603.79 SFRXUSD | 26,766,899.99 SFRXUSD | 47,439,677.65 SFRXUSD |
1,000 WBTC | 52,048,958.97 SFRXUSD | 51,051,207.57 SFRXUSD | 53,533,799.98 SFRXUSD | 94,879,355.31 SFRXUSD |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $62,523.66.
Based on the current rate, you could get 0.00001599 WBTC for 1 USD.
Wrapped Bitcoin price has been on the rise. Since yesterday, the exchange rate of Wrapped Bitcoin has increased. 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 0.00007997 WBTC. Inversely, 5 WBTC will cost about $312,618.29
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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