Convert Paxos Standard PAX to Snowbank SB
PAX to SB: 1 Paxos Standard converts to 0.004084 SB
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About PAX and SB
Paxos Standard is falling, while Snowbank is climbing this week. The current PAX to SB conversion rate is 0.004084. Inversely, this means that if you convert 1 SB you will get 244.88 PAX. The conversion rate of PAX/SB has decreased by 2.47% in the last hour (SB/PAX increased by 2.54%). In the last 24 hours, PAX/SB shrunk by 5.73%, while SB/PAX grew by 6.08%.
The exchange rate of Paxos Standard is decreasing. The current value of 1 PAX is 0.004084 SB. In other words, to buy 5 Paxos Standard, it would cost you 0.020418 SB. Inversely, 1 SB would allow you to trade for 244.88 PAX while 50 SB would convert to 12,244.14 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.63%. Meanwhile, in the last 24 hours, the rate has changed by 5.31%, and that the highest exchange rate of 1 PAX to SB was 0.004312 SB and the lowest 24 hour value was 1 PAX for 0.00402 SB. Last month, 1 PAX was worth 0.004239 SB. Today, it's down 3.66%. Looking back a year, Paxos Standard has changed by 0.004444 SB. That means that in a single year, the value of Paxos Standard has shrank by 8.12%.
Paxos Standard Market Stats
Pax Dollar (USDP), also known by its former name Paxos Standard (PAX), is a U.S. dollar-backed stablecoin issued by Paxos and available on Ethereum. Paxos states that USDP is backed by reserves held in cash and cash equivalents and is redeemable one-to-one for U.S. dollars, subject to its terms and eligibility requirements.
Snowbank Market Stats
Snowbank DAO is the decentralized reserve currency protocol available on the Avalanche Network based on the SB token. Each SB token is backed by a basket of assets (e.g., MIM, SB-AVAX LP Tokens etc etc) in the Snowbank DAO treasury, giving it an intrinsic value that it cannot fall below. Snowbank DAO also introduces economic and game-theoretic dynamics into the market through staking and minting.
Conversion tables
PAX to SB values from Today at 1:08 am
0.5 PAX = 0.002042 SB |
1 PAX = 0.004084 SB |
5 PAX = 0.02042 SB |
10 PAX = 0.04084 SB |
50 PAX = 0.2042 SB |
100 PAX = 0.4084 SB |
500 PAX = 2.04 SB |
1,000 PAX = 4.08 SB |
SB to PAX values from Today at 1:07 am
0.5 SB = 122.44 PAX |
1 SB = 244.88 PAX |
5 SB = 1,224.41 PAX |
10 SB = 2,448.83 PAX |
50 SB = 12,244.14 PAX |
100 SB = 24,488.28 PAX |
500 SB = 122,441.41 PAX |
1,000 SB = 244,882.82 PAX |
PAX to SB over time
PAX | Today | 24H -5.60% | 1M -3.80% | 1Y -8.84% |
|---|---|---|---|---|
0.5 PAX | 0.002042 SB | 0.002156 SB | 0.002119 SB | 0.002222 SB |
1 PAX | 0.004084 SB | 0.004312 SB | 0.004239 SB | 0.004444 SB |
5 PAX | 0.02042 SB | 0.02156 SB | 0.02119 SB | 0.02222 SB |
10 PAX | 0.04084 SB | 0.04312 SB | 0.04239 SB | 0.04444 SB |
50 PAX | 0.2042 SB | 0.2156 SB | 0.2119 SB | 0.2222 SB |
100 PAX | 0.4084 SB | 0.4312 SB | 0.4239 SB | 0.4444 SB |
500 PAX | 2.04 SB | 2.16 SB | 2.12 SB | 2.22 SB |
1,000 PAX | 4.08 SB | 4.31 SB | 4.24 SB | 4.44 SB |
Frequently asked questions
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.