Convert Leveraged stETH XSTETH to USDN USDN
XSTETH to USDN: 1 Leveraged stETH converts to 0.02515 USDN
About XSTETH and USDN
Leveraged stETH is falling, while USDN is climbing this week. The current XSTETH to USDN conversion rate is 0.02515. Inversely, this means that if you convert 1 USDN you will get 39.76 XSTETH. The conversion rate of XSTETH/USDN has increased by 0.52% in the last hour (USDN/XSTETH decreased by 0.52%). In the last 24 hours, XSTETH/USDN shrunk by 0.35%, while USDN/XSTETH grew by 0.35%.
The exchange rate of Leveraged stETH is decreasing. The current value of 1 XSTETH is 0.02515 USDN. In other words, to buy 5 Leveraged stETH, it would cost you 0.12575 USDN. Inversely, 1 USDN would allow you to trade for 39.76 XSTETH while 50 USDN would convert to 1,988.10 XSTETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.92%. Meanwhile, in the last 24 hours, the rate has changed by 0.23%, and that the highest exchange rate of 1 XSTETH to USDN was 0.02551 USDN and the lowest 24 hour value was 1 XSTETH for 0.02493 USDN. Last month, 1 XSTETH was worth 0.0288 USDN. Today, it's down 12.68%. Looking back a year, Leveraged stETH has changed by 1.01 USDN. That means that in a single year, the value of Leveraged stETH has shrank by 97.5%.
Leveraged stETH Market Stats
xstETH token, also called leveraged stETH, is a decentralized, composable leveraged long stETH futures contract with a low risk of liquidations and a 0 funding fee. To create a stable-leverage pair, f(x) holds a reserve of some base token. To start, let’s consider stETH. Minted against that stETH reserve are two types of derivative tokens; one stable, and one volatile(xstETH). At all times, the total market cap of the two derivative tokens is held equal to the value of the reserve, and any derivative token can be redeemed at any time for its share of the reserve base token. The volatile token price rises at a multiple rate of stETH. Based on the performance of xETH, this multiple generally varies between 1.5x- 4x, though it can rise as high as 4.3X before the protocol responds to limit it.
USDN Market Stats
USDN is a 1:1 USD-backed stablecoin issued by Paxos Trust Company on ERC-20. USDN reserves are 100% held in cash and US Treasuries.
Conversion tables
XSTETH to USDN values from Today at 6:27 pm
0.5 XSTETH = 0.01257 USDN |
1 XSTETH = 0.02515 USDN |
5 XSTETH = 0.1257 USDN |
10 XSTETH = 0.2515 USDN |
50 XSTETH = 1.26 USDN |
100 XSTETH = 2.51 USDN |
500 XSTETH = 12.57 USDN |
1,000 XSTETH = 25.15 USDN |
USDN to XSTETH values from Today at 3:52 am
0.5 USDN = 19.88 XSTETH |
1 USDN = 39.76 XSTETH |
5 USDN = 198.81 XSTETH |
10 USDN = 397.62 XSTETH |
50 USDN = 1,988.10 XSTETH |
100 USDN = 3,976.21 XSTETH |
500 USDN = 19,881.03 XSTETH |
1,000 USDN = 39,762.06 XSTETH |
XSTETH to USDN over time
XSTETH | Today | 24H -0.23% | 1M -14.53% | 1Y -3,904.90% |
|---|---|---|---|---|
0.5 XSTETH | 0.01257 USDN | 0.0126 USDN | 0.0144 USDN | 0.5036 USDN |
1 XSTETH | 0.02515 USDN | 0.02521 USDN | 0.0288 USDN | 1.01 USDN |
5 XSTETH | 0.1257 USDN | 0.126 USDN | 0.144 USDN | 5.04 USDN |
10 XSTETH | 0.2515 USDN | 0.2521 USDN | 0.288 USDN | 10.07 USDN |
50 XSTETH | 1.26 USDN | 1.26 USDN | 1.44 USDN | 50.36 USDN |
100 XSTETH | 2.51 USDN | 2.52 USDN | 2.88 USDN | 100.72 USDN |
500 XSTETH | 12.57 USDN | 12.60 USDN | 14.40 USDN | 503.61 USDN |
1,000 XSTETH | 25.15 USDN | 25.21 USDN | 28.80 USDN | 1,007.22 USDN |
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