Convert Wrapped USDR WUSDR to Synthetix Network Token SNX
WUSDR to SNX: 1 Wrapped USDR converts to 1.42 SNX
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About WUSDR and SNX
Wrapped USDR is climbing, while Synthetix Network Token is falling this week. The current WUSDR to SNX conversion rate is 1.42. Inversely, this means that if you convert 1 SNX you will get 0.7065 WUSDR. The conversion rate of WUSDR/SNX has decreased by 0.87% in the last hour (SNX/WUSDR increased by 0.87%). In the last 24 hours, WUSDR/SNX grew by 4.45%, while SNX/WUSDR shrunk by the same amount.
The exchange rate of Wrapped USDR is increasing. The current value of 1 WUSDR is 1.42 SNX. In other words, to buy 5 Wrapped USDR, it would cost you 7.08 SNX. Inversely, 1 SNX would allow you to trade for 0.7065 WUSDR while 50 SNX would convert to 35.33 WUSDR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 30.58%. Meanwhile, in the last 24 hours, the rate has changed by 4.26%, which means that the highest exchange rate of 1 WUSDR to SNX was 1.50 SNX and the lowest 24 hour value was 1 WUSDR for 1.33 SNX. Last month, 1 WUSDR was worth 0.955 SNX. Today, it's up 32.53%. Looking back a year, Wrapped USDR has changed by 0.2777 SNX. That means that in a single year, the value of Wrapped USDR has grown by 80.38%.
Wrapped USDR Market Stats
wUSDR is a wrapped version of USDR. USDR is the world’s first stablecoin collateralized by tokenized, yield-producing real estate. USDR has its own value accrual system built into its design, differentiating it from other currencies. Using a consistent stream of dependable yield derived from rental revenue, USDR will deliver a native real yield to stakers through a daily rebase, projected to range between 10 - 20% APY. As an asset class, real estate is inflation-proof and wealth generating, making it an ideal backing for a stablecoin. While the dollar has lost over 80% of its purchasing power over the past 50 years, the price of single-family home has gone up by 14x in countries like the United States. So a real estate backed stablecoin not only works as a hedge against the volatility of crypto markets, it also protects holders from the impacts of ongoing currency debasement. USDR is minted using DAI and can always be redeemed 1:1 for DAI. Treasury DAI is used to purchase and tokenize income-generating real estate, which is added to the treasury and serves as the primary source of protocol yield. As the value of the tokenized real estate appreciates over time, USDR becomes overcollateralized. Tokenized real world assets are the path to meaningfully grow the market cap of crypto and DeFi, reaching the next billion users in the process. Bringing RWAs on-chain allows for transparent, trust-minimized and efficient access to categories like the ~$330T global real estate market. Without the need for a mortgage or a downpayment, it’s now possible for anyone with a phone to access many of the benefits of real estate though USDR.
Synthetix Network Token Market Stats
Synthetix Network Token (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities.
Conversion tables
WUSDR to SNX values from Today at 1:10 pm
0.5 WUSDR = 0.7077 SNX |
1 WUSDR = 1.42 SNX |
5 WUSDR = 7.08 SNX |
10 WUSDR = 14.15 SNX |
50 WUSDR = 70.77 SNX |
100 WUSDR = 141.54 SNX |
500 WUSDR = 707.71 SNX |
1,000 WUSDR = 1,415.41 SNX |
SNX to WUSDR values from Today at 1:13 pm
0.5 SNX = 0.3533 WUSDR |
1 SNX = 0.7065 WUSDR |
5 SNX = 3.53 WUSDR |
10 SNX = 7.07 WUSDR |
50 SNX = 35.33 WUSDR |
100 SNX = 70.65 WUSDR |
500 SNX = 353.25 WUSDR |
1,000 SNX = 706.51 WUSDR |
WUSDR to SNX over time
WUSDR | Today | 24H 4.26% | 1M 32.53% | 1Y 80.38% |
|---|---|---|---|---|
0.5 WUSDR | 0.7077 SNX | 0.6776 SNX | 0.4775 SNX | 0.1389 SNX |
1 WUSDR | 1.42 SNX | 1.36 SNX | 0.955 SNX | 0.2777 SNX |
5 WUSDR | 7.08 SNX | 6.78 SNX | 4.77 SNX | 1.39 SNX |
10 WUSDR | 14.15 SNX | 13.55 SNX | 9.55 SNX | 2.78 SNX |
50 WUSDR | 70.77 SNX | 67.76 SNX | 47.75 SNX | 13.89 SNX |
100 WUSDR | 141.54 SNX | 135.51 SNX | 95.50 SNX | 27.77 SNX |
500 WUSDR | 707.71 SNX | 677.56 SNX | 477.48 SNX | 138.85 SNX |
1,000 WUSDR | 1,415.41 SNX | 1,355.11 SNX | 954.97 SNX | 277.70 SNX |
Frequently asked questions
Right now, 1 Wrapped USDR is worth about $0.3298.
Based on the current rate, you could get 3.03 WUSDR for 1 USD.
Wrapped USDR price has been on the rise. Since yesterday, the exchange rate of Wrapped USDR has increased. Since last month, the exchange rate of Wrapped USDR has increased. Since this time last year, the price of Wrapped USDR has increased.
You can use our WUSDR to USD calculator at the top of this page to convert any amount of WUSDR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 15.16 WUSDR. Inversely, 5 WUSDR will cost about $1.65
Wrapped USDR can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Wrapped USDR.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped USDR, including Golden Inu, Renq Finance, and JP. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped USDR.
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