Convert Resolv Liquidity Provider Token RLP to Drift Protocol DRIFT
RLP to DRIFT: 1 Resolv Liquidity Provider Token converts to 5.70 DRIFT
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About RLP and DRIFT
Resolv Liquidity Provider Token is climbing, while Drift Protocol is falling this week. The current RLP to DRIFT conversion rate is 5.70. Inversely, this means that if you convert 1 DRIFT you will get 0.1754 RLP. The conversion rate of RLP/DRIFT has increased by 0.64% in the last hour (DRIFT/RLP decreased by 0.63%). In the last 24 hours, RLP/DRIFT grew by 2.74%, while DRIFT/RLP shrunk by 2.66%.
The exchange rate of Resolv Liquidity Provider Token is increasing. The current value of 1 RLP is 5.70 DRIFT. In other words, to buy 5 Resolv Liquidity Provider Token, it would cost you 28.51 DRIFT. Inversely, 1 DRIFT would allow you to trade for 0.1754 RLP while 50 DRIFT would convert to 8.77 RLP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 18.96%. Meanwhile, in the last 24 hours, the rate has changed by 2.77%, which means that the highest exchange rate of 1 RLP to DRIFT was 5.71 DRIFT and the lowest 24 hour value was 1 RLP for 5.48 DRIFT. Last month, 1 RLP was worth 9.15 DRIFT. Today, it's down 37.67%. Looking back a year, Resolv Liquidity Provider Token has changed by 2.52 DRIFT. That means that in a single year, the value of Resolv Liquidity Provider Token has grown by 126.2%.
Resolv Liquidity Provider Token Market Stats
Resolv is a protocol that maintains USR, an overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR. USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount. RLP: ETH portfolio backs USR with a more than 100% ratio. Excess part of collateral acts as a backing for RLP - Resolv Liquidity Pool. Key features of RLP: RLP is designed to protect USR from market and counterparty risks. In exchange, RLP users receive higher portion of profits of the collateral pool. RLP has a price, representing value of ETH backing a single unit of RLP token; RLP price can vary. Collateral required for minting or redemption is based on the latest price;
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
Conversion tables
RLP to DRIFT values from Today at 1:34 pm
0.5 RLP = 2.85 DRIFT |
1 RLP = 5.70 DRIFT |
5 RLP = 28.51 DRIFT |
10 RLP = 57.01 DRIFT |
50 RLP = 285.07 DRIFT |
100 RLP = 570.14 DRIFT |
500 RLP = 2,850.69 DRIFT |
1,000 RLP = 5,701.39 DRIFT |
DRIFT to RLP values from Today at 1:31 pm
0.5 DRIFT = 0.0877 RLP |
1 DRIFT = 0.1754 RLP |
5 DRIFT = 0.877 RLP |
10 DRIFT = 1.75 RLP |
50 DRIFT = 8.77 RLP |
100 DRIFT = 17.54 RLP |
500 DRIFT = 87.70 RLP |
1,000 DRIFT = 175.40 RLP |
RLP to DRIFT over time
RLP | Today | 24H 2.70% | 1M -60.43% | 1Y 55.79% |
|---|---|---|---|---|
0.5 RLP | 2.85 DRIFT | 2.77 DRIFT | 4.57 DRIFT | 1.26 DRIFT |
1 RLP | 5.70 DRIFT | 5.55 DRIFT | 9.15 DRIFT | 2.52 DRIFT |
5 RLP | 28.51 DRIFT | 27.74 DRIFT | 45.73 DRIFT | 12.60 DRIFT |
10 RLP | 57.01 DRIFT | 55.48 DRIFT | 91.47 DRIFT | 25.20 DRIFT |
50 RLP | 285.07 DRIFT | 277.38 DRIFT | 457.33 DRIFT | 126.02 DRIFT |
100 RLP | 570.14 DRIFT | 554.77 DRIFT | 914.67 DRIFT | 252.05 DRIFT |
500 RLP | 2,850.69 DRIFT | 2,773.84 DRIFT | 4,573.33 DRIFT | 1,260.24 DRIFT |
1,000 RLP | 5,701.39 DRIFT | 5,547.68 DRIFT | 9,146.66 DRIFT | 2,520.47 DRIFT |
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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.