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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 FXN and RAY
f(x) Protocol is climbing, while Raydium is falling this week. The current FXN to RAY conversion rate is 9.95. Inversely, this means that if you convert 1 RAY you will get 0.1005 FXN. The conversion rate of FXN/RAY has increased by 0.33% in the last hour (RAY/FXN decreased by 0.33%). In the last 24 hours, FXN/RAY grew by 0%, while RAY/FXN shrunk by 0%.
The exchange rate of f(x) Protocol is decreasing. The current value of 1 FXN is 9.95 RAY. In other words, to buy 5 f(x) Protocol, it would cost you 49.77 RAY. Inversely, 1 RAY would allow you to trade for 0.1005 FXN while 50 RAY would convert to 5.02 FXN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13.93%. Meanwhile, in the last 24 hours, the rate has changed by 0.68%, and that the highest exchange rate of 1 FXN to RAY was 10.13 RAY and the lowest 24 hour value was 1 FXN for 9.54 RAY. Last month, 1 FXN was worth 11.70 RAY. Today, it's down 14.94%. Looking back a year, f(x) Protocol has changed by 35.47 RAY. That means that in a single year, the value of f(x) Protocol has shrank by 71.94%.
f(x) Protocol Market Stats
f(x) Protocol is a decentralized stablecoin and leverage trading system on Ethereum. Its core product is fxUSD, an overcollateralized stablecoin backed solely by stETH and wBTC, with no off-chain custody. Users can borrow fxUSD against stETH or wBTC collateral for a flat one-time fee, or open leveraged long and short positions on ETH and BTC, which loop fxUSD against the same collateral for up to 7x exposure. Both paths mint fxUSD against the same backing. Yield is generated from two real sources: stETH staking rewards on the underlying collateral, and fees paid by borrowers and leverage traders. That yield flows to the Stability Pool, where users can deposit fxUSD or USDC to earn it. The yield is organic, with no FXN emissions or token inflation funding it.
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
FXN to RAY values from Today at 8:15 am
0.5 FXN = 4.98 RAY |
1 FXN = 9.95 RAY |
5 FXN = 49.77 RAY |
10 FXN = 99.54 RAY |
50 FXN = 497.71 RAY |
100 FXN = 995.43 RAY |
500 FXN = 4,977.13 RAY |
1,000 FXN = 9,954.25 RAY |
RAY to FXN values from Today at 8:14 am
0.5 RAY = 0.05023 FXN |
1 RAY = 0.1005 FXN |
5 RAY = 0.5023 FXN |
10 RAY = 1.00 FXN |
50 RAY = 5.02 FXN |
100 RAY = 10.05 FXN |
500 RAY = 50.23 FXN |
1,000 RAY = 100.46 FXN |
FXN to RAY over time
FXN | Today | 24H -0.68% | 1M -17.56% | 1Y -256.36% |
|---|---|---|---|---|
0.5 FXN | 4.98 RAY | 5.01 RAY | 5.85 RAY | 17.74 RAY |
1 FXN | 9.95 RAY | 10.02 RAY | 11.70 RAY | 35.47 RAY |
5 FXN | 49.77 RAY | 50.11 RAY | 58.51 RAY | 177.36 RAY |
10 FXN | 99.54 RAY | 100.22 RAY | 117.03 RAY | 354.73 RAY |
50 FXN | 497.71 RAY | 501.12 RAY | 585.13 RAY | 1,773.65 RAY |
100 FXN | 995.43 RAY | 1,002.24 RAY | 1,170.26 RAY | 3,547.30 RAY |
500 FXN | 4,977.13 RAY | 5,011.22 RAY | 5,851.29 RAY | 17,736.48 RAY |
1,000 FXN | 9,954.25 RAY | 10,022.43 RAY | 11,702.58 RAY | 35,472.97 RAY |
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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.