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About SPA and NGM
Sperax is falling, while e-Money is climbing this week. The current SPA to NGM conversion rate is 0.5756. Inversely, this means that if you convert 1 NGM you will get 1.74 SPA. The conversion rate of SPA/NGM has decreased by 0.16% in the last hour (NGM/SPA increased by 0.16%). In the last 24 hours, SPA/NGM shrunk by 0.45%, while NGM/SPA grew by the same amount.
The exchange rate of Sperax is decreasing. The current value of 1 SPA is 0.5756 NGM. In other words, to buy 5 Sperax, it would cost you 2.8782 NGM. Inversely, 1 NGM would allow you to trade for 1.74 SPA while 50 NGM would convert to 86.86 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.03%. Meanwhile, in the last 24 hours, the rate has changed by 0.31%, which means that the highest exchange rate of 1 SPA to NGM was 0.5921 NGM and the lowest 24 hour value was 1 SPA for 0.5726 NGM. Last month, 1 SPA was worth 0.5399 NGM. Today, it's up 6.21%. Looking back a year, Sperax has changed by 0.713 NGM. That means that in a single year, the value of Sperax has shrank by 23.86%.
Sperax Market Stats
SPA is the governance token of the Sperax ecosystem. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD - a stablecoin featuring ‘auto-yield’ generation. SPA tokens must be staked in order to participate in the Sperax DAO. Sperax ecosystem is governed by community of SPA stakers or veSPA holders, who make up Sperax DAO.
e-Money Market Stats
e-Money stablecoins are a further stage in the development of collateralized stablecoins, but with some great advantages of their own which truly set them apart. Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros and the eUSD stablecoin is collateralized by US dollars. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.
Conversion tables
SPA to NGM values from Today at 11:42 pm
0.5 SPA = 0.2878 NGM |
1 SPA = 0.5756 NGM |
5 SPA = 2.88 NGM |
10 SPA = 5.76 NGM |
50 SPA = 28.78 NGM |
100 SPA = 57.56 NGM |
500 SPA = 287.82 NGM |
1,000 SPA = 575.63 NGM |
NGM to SPA values from Today at 11:40 pm
0.5 NGM = 0.8686 SPA |
1 NGM = 1.74 SPA |
5 NGM = 8.69 SPA |
10 NGM = 17.37 SPA |
50 NGM = 86.86 SPA |
100 NGM = 173.72 SPA |
500 NGM = 868.61 SPA |
1,000 NGM = 1,737.22 SPA |
SPA to NGM over time
SPA | Today | 24H -0.31% | 1M 6.21% | 1Y -23.86% |
|---|---|---|---|---|
0.5 SPA | 0.2878 NGM | 0.2887 NGM | 0.2699 NGM | 0.3565 NGM |
1 SPA | 0.5756 NGM | 0.5774 NGM | 0.5399 NGM | 0.713 NGM |
5 SPA | 2.88 NGM | 2.89 NGM | 2.70 NGM | 3.56 NGM |
10 SPA | 5.76 NGM | 5.77 NGM | 5.40 NGM | 7.13 NGM |
50 SPA | 28.78 NGM | 28.87 NGM | 26.99 NGM | 35.65 NGM |
100 SPA | 57.56 NGM | 57.74 NGM | 53.99 NGM | 71.30 NGM |
500 SPA | 287.82 NGM | 288.72 NGM | 269.94 NGM | 356.49 NGM |
1,000 SPA | 575.63 NGM | 577.43 NGM | 539.89 NGM | 712.97 NGM |
Frequently asked questions
Right now, 1 Sperax is worth about €0.001745.
Based on the current rate, you could get 573.13 SPA for 1 EUR.
Sperax price has been on the rise. Since yesterday, the exchange rate of Sperax has increased. Since last month, the exchange rate of Sperax has decreased. Since this time last year, the price of Sperax has decreased.
You can use our SPA to EUR calculator at the top of this page to convert any amount of SPA to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 2,865.64 SPA. Inversely, 5 SPA will cost about €0.008724
Sperax is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Sperax.
There are a number of crypto assets that have the a similar or comparable market cap to Sperax, including Counterparty, CONX, and Galeon. For a more robust list of assets to explore, jump to the asset page dedicated to Sperax.
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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.