Convert Backed HIGH € High Yield Corp Bond BHIGH to Definitive EDGE
BHIGH to EDGE: 1 Backed HIGH € High Yield Corp Bond converts to 74.26 EDGE
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About BHIGH and EDGE
Backed HIGH € High Yield Corp Bond is climbing, while Definitive is falling this week. The current BHIGH to EDGE conversion rate is 74.26. Inversely, this means that if you convert 1 EDGE you will get 0.01347 BHIGH. The conversion rate of BHIGH/EDGE has decreased by 0.27% in the last hour (EDGE/BHIGH increased by 0.27%). In the last 24 hours, BHIGH/EDGE grew by 0.62%, while EDGE/BHIGH shrunk by 0.62%.
The exchange rate of Backed HIGH € High Yield Corp Bond is increasing. The current value of 1 BHIGH is 74.26 EDGE. In other words, to buy 5 Backed HIGH € High Yield Corp Bond, it would cost you 371.32 EDGE. Inversely, 1 EDGE would allow you to trade for 0.01347 BHIGH while 50 EDGE would convert to 0.6733 BHIGH, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 14.92%. Meanwhile, in the last 24 hours, the rate has changed by 0.61%, which means that the highest exchange rate of 1 BHIGH to EDGE was 75.46 EDGE and the lowest 24 hour value was 1 BHIGH for 72.39 EDGE. Last month, 1 BHIGH was worth 88.79 EDGE. Today, it's down 16.36%. Looking back a year, Backed HIGH € High Yield Corp Bond has changed by 29.48 EDGE. That means that in a single year, the value of Backed HIGH € High Yield Corp Bond has grown by 151.89%.
Backed HIGH € High Yield Corp Bond Market Stats
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bHIGH tracks the iShares € High Yield Corp Bond UCITS ETF, representing an index of Euro-denominated high yield corporate bonds. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)
Definitive Market Stats
Definitive is an advanced trading platform that offers a CeFi-like experience on DeFi rails via a non-custodial platform & API that is live across Solana, Base and other major EVM chains. EDGE is the utility token for the Definitive platform. Users can stake EDGE to unlock trading fee discounts and enhanced platform capabilities.
Conversion tables
BHIGH to EDGE values from Today at 7:17 pm
0.5 BHIGH = 37.13 EDGE |
1 BHIGH = 74.26 EDGE |
5 BHIGH = 371.32 EDGE |
10 BHIGH = 742.64 EDGE |
50 BHIGH = 3,713.21 EDGE |
100 BHIGH = 7,426.43 EDGE |
500 BHIGH = 37,132.13 EDGE |
1,000 BHIGH = 74,264.25 EDGE |
EDGE to BHIGH values from Today at 7:15 pm
0.5 EDGE = 0.006733 BHIGH |
1 EDGE = 0.01347 BHIGH |
5 EDGE = 0.06733 BHIGH |
10 EDGE = 0.1347 BHIGH |
50 EDGE = 0.6733 BHIGH |
100 EDGE = 1.35 BHIGH |
500 EDGE = 6.73 BHIGH |
1,000 EDGE = 13.47 BHIGH |
BHIGH to EDGE over time
BHIGH | Today | 24H 0.61% | 1M -19.56% | 1Y 60.30% |
|---|---|---|---|---|
0.5 BHIGH | 37.13 EDGE | 36.91 EDGE | 44.40 EDGE | 14.74 EDGE |
1 BHIGH | 74.26 EDGE | 73.81 EDGE | 88.79 EDGE | 29.48 EDGE |
5 BHIGH | 371.32 EDGE | 369.07 EDGE | 443.95 EDGE | 147.42 EDGE |
10 BHIGH | 742.64 EDGE | 738.14 EDGE | 887.90 EDGE | 294.83 EDGE |
50 BHIGH | 3,713.21 EDGE | 3,690.69 EDGE | 4,439.51 EDGE | 1,474.15 EDGE |
100 BHIGH | 7,426.43 EDGE | 7,381.38 EDGE | 8,879.02 EDGE | 2,948.30 EDGE |
500 BHIGH | 37,132.13 EDGE | 36,906.88 EDGE | 44,395.10 EDGE | 14,741.51 EDGE |
1,000 BHIGH | 74,264.25 EDGE | 73,813.76 EDGE | 88,790.19 EDGE | 29,483.01 EDGE |
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