Convert Staked Frax USD SFRXUSD to Raydium RAY
SFRXUSD to RAY: 1 Staked Frax USD converts to 0.7417 RAY
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About SFRXUSD and RAY
Staked Frax USD is climbing, while Raydium is falling this week. The current SFRXUSD to RAY conversion rate is 0.7417. Inversely, this means that if you convert 1 RAY you will get 1.35 SFRXUSD. The conversion rate of SFRXUSD/RAY has decreased by 0.84% in the last hour (RAY/SFRXUSD increased by 0.84%). In the last 24 hours, SFRXUSD/RAY grew by 2.95%, while RAY/SFRXUSD shrunk by 2.87%.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 0.7417 RAY. In other words, to buy 5 Staked Frax USD, it would cost you 3.7086 RAY. Inversely, 1 RAY would allow you to trade for 1.35 SFRXUSD while 50 RAY would convert to 67.41 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.17%. Meanwhile, in the last 24 hours, the rate has changed by 2.58%, which means that the highest exchange rate of 1 SFRXUSD to RAY was 0.7593 RAY and the lowest 24 hour value was 1 SFRXUSD for 0.715 RAY. Last month, 1 SFRXUSD was worth 0.5201 RAY. Today, it's up 42.6%. Looking back a year, Staked Frax USD has changed by 0.7885 RAY. That means that in a single year, the value of Staked Frax USD has shrank by 5.93%.
Staked Frax USD Market Stats
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
Conversion tables
SFRXUSD to RAY values from Today at 11:24 am
0.5 SFRXUSD = 0.3709 RAY |
1 SFRXUSD = 0.7417 RAY |
5 SFRXUSD = 3.71 RAY |
10 SFRXUSD = 7.42 RAY |
50 SFRXUSD = 37.09 RAY |
100 SFRXUSD = 74.17 RAY |
500 SFRXUSD = 370.86 RAY |
1,000 SFRXUSD = 741.73 RAY |
RAY to SFRXUSD values from Today at 11:26 am
0.5 RAY = 0.6741 SFRXUSD |
1 RAY = 1.35 SFRXUSD |
5 RAY = 6.74 SFRXUSD |
10 RAY = 13.48 SFRXUSD |
50 RAY = 67.41 SFRXUSD |
100 RAY = 134.82 SFRXUSD |
500 RAY = 674.10 SFRXUSD |
1,000 RAY = 1,348.21 SFRXUSD |
SFRXUSD to RAY over time
SFRXUSD | Today | 24H 2.52% | 1M 29.87% | 1Y -6.30% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.3709 RAY | 0.3615 RAY | 0.2601 RAY | 0.3942 RAY |
1 SFRXUSD | 0.7417 RAY | 0.7231 RAY | 0.5201 RAY | 0.7885 RAY |
5 SFRXUSD | 3.71 RAY | 3.62 RAY | 2.60 RAY | 3.94 RAY |
10 SFRXUSD | 7.42 RAY | 7.23 RAY | 5.20 RAY | 7.88 RAY |
50 SFRXUSD | 37.09 RAY | 36.15 RAY | 26.01 RAY | 39.42 RAY |
100 SFRXUSD | 74.17 RAY | 72.31 RAY | 52.01 RAY | 78.85 RAY |
500 SFRXUSD | 370.86 RAY | 361.53 RAY | 260.07 RAY | 394.24 RAY |
1,000 SFRXUSD | 741.73 RAY | 723.05 RAY | 520.14 RAY | 788.48 RAY |
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