Convert Merkle Trade MKL to Superstate Short Duration U.S. Government Securities Fund (USTB) USTB
MKL to USTB: 1 Merkle Trade converts to 0.00356 USTB
Merkle Trade (MKL) is not tradable on Coinbase.
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About MKL and USTB
Merkle Trade is falling, while Superstate Short Duration U.S. Government Securities Fund (USTB) is climbing this week. The current MKL to USTB conversion rate is 0.00356. Inversely, this means that if you convert 1 USTB you will get 280.93 MKL. The conversion rate of MKL/USTB has decreased by 0% in the last hour (USTB/MKL increased by 0%). In the last 24 hours, MKL/USTB shrunk by 0.01%, while USTB/MKL grew by the same amount.
The exchange rate of Merkle Trade is decreasing. The current value of 1 MKL is 0.00356 USTB. In other words, to buy 5 Merkle Trade, it would cost you 0.017798 USTB. Inversely, 1 USTB would allow you to trade for 280.93 MKL while 50 USTB would convert to 14,046.50 MKL, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.29%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 MKL to USTB was 0.00356 USTB and the lowest 24 hour value was 1 MKL for 0.00356 USTB. Last month, 1 MKL was worth 0.003939 USTB. Today, it's down 10.65%. Looking back a year, Merkle Trade has changed by 0.00643 USTB. That means that in a single year, the value of Merkle Trade has shrank by 80.63%.
Merkle Trade Market Stats
Merkle Trade is the first gamified perpetual futures decentralized exchange (DEX) based on Aptos. It provides omnichain support, including EVM wallet integration via LayerZero. Backed by prominent investors like Hashed and Arrington Capital, Merkle Trade uniquely combines a high-performance, secure perpetual DEX with the engaging, social elements of popular online and RPG games. Believing that making directional bets on volatile assets like crypto should be fun for all, the platform has significantly lowered the barriers to entry for leverage trading crypto, commodities, and forex. In 10 months, Merkle Trade has amassed over $13.5 billion in cumulative trading volume and attracted more than 125,000 traders.
Superstate Short Duration U.S. Government Securities Fund (USTB) Market Stats
USTB’s innovative structure and partnership with established service providers breaks new ground in the private funds space. The fund invests in short duration U.S. Treasury and U.S. Agency securities, targeting the federal funds rate, with a 0.15% management fee.1 Accepted U.S. Qualified Purchasers are able to subscribe to and redeem from the Fund using USDC2 at a daily NAV which is calculated by NAV Consulting. USTB’s Ethereum-based Allowlist enables on-chain ownership, transfer, and compliance. Additionally in the future, it is likely that peer-to-peer transactions will be possible, subject to applicable restrictions. The Fund’s flexibility carries through to custody; investors can self-custody USTB in the on-chain addresses of their choice, such as an EOA, multi-sig, or MPC wallet. Additionally, investors can choose to utilize Anchorage Digital Bank National Association, a custodian and federally chartered bank, or BitGo, a qualified custodian and New York state chartered trust. Superstate, an Exempt Reporting Adviser, serves as the Fund’s investment manager, with Federated Hermes serving as the Fund’s sub-advisor. USTB is a series of a Delaware Trust, which is legally separate from Superstate. For more Fund details, please consult the USTB information page. USTB marks the start of our mission to tokenize the world’s assets. We’re committed to developing regulated, modern investing products that enhance investment opportunities for institutions, and, ultimately, all investors.
Conversion tables
MKL to USTB values from Today at 11:40 am
0.5 MKL = 0.00178 USTB |
1 MKL = 0.00356 USTB |
5 MKL = 0.0178 USTB |
10 MKL = 0.0356 USTB |
50 MKL = 0.178 USTB |
100 MKL = 0.356 USTB |
500 MKL = 1.78 USTB |
1,000 MKL = 3.56 USTB |
USTB to MKL values from Today at 11:42 am
0.5 USTB = 140.47 MKL |
1 USTB = 280.93 MKL |
5 USTB = 1,404.65 MKL |
10 USTB = 2,809.30 MKL |
50 USTB = 14,046.50 MKL |
100 USTB = 28,093.00 MKL |
500 USTB = 140,465.01 MKL |
1,000 USTB = 280,930.03 MKL |
MKL to USTB over time
MKL | Today | 24H -0.01% | 1M -10.65% | 1Y -80.63% |
|---|---|---|---|---|
0.5 MKL | 0.00178 USTB | 0.00178 USTB | 0.001969 USTB | 0.003215 USTB |
1 MKL | 0.00356 USTB | 0.00356 USTB | 0.003939 USTB | 0.00643 USTB |
5 MKL | 0.0178 USTB | 0.0178 USTB | 0.01969 USTB | 0.03215 USTB |
10 MKL | 0.0356 USTB | 0.0356 USTB | 0.03939 USTB | 0.0643 USTB |
50 MKL | 0.178 USTB | 0.178 USTB | 0.1969 USTB | 0.3215 USTB |
100 MKL | 0.356 USTB | 0.356 USTB | 0.3939 USTB | 0.643 USTB |
500 MKL | 1.78 USTB | 1.78 USTB | 1.97 USTB | 3.21 USTB |
1,000 MKL | 3.56 USTB | 3.56 USTB | 3.94 USTB | 6.43 USTB |
Frequently asked questions
Right now, 1 Merkle Trade is worth about ARS 60.20.
Based on the current rate, you could get 0.01661 MKL for 1 ARS.
You can use our MKL to ARS calculator at the top of this page to convert any amount of MKL to ARS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 ARS is equivalent to 0.08305 MKL. Inversely, 5 MKL will cost about ARS 301.02
Merkle Trade is not currently available through Coinbase, but you can sign up to get the latest news on Merkle Trade and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Merkle Trade, including Black Agnus, LUCI, and KEN. For a more robust list of assets to explore, jump to the asset page dedicated to Merkle Trade.
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