Convert Merkle Trade MKL to Superstate Short Duration U.S. Government Securities Fund (USTB) USTB
MKL to USTB: 1 Merkle Trade converts to 0.003557 USTB
Merkle Trade (MKL) is not tradable on Coinbase.
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About MKL and USTB
Merkle Trade is falling, while Superstate Short Duration U.S. Government Securities Fund (USTB) is climbing this week. The current MKL to USTB conversion rate is 0.003557. Inversely, this means that if you convert 1 USTB you will get 281.15 MKL. The conversion rate of MKL/USTB has decreased by 0% in the last hour (USTB/MKL increased by 0%). In the last 24 hours, MKL/USTB shrunk by 0.01%, while USTB/MKL grew by the same amount.
The exchange rate of Merkle Trade is decreasing. The current value of 1 MKL is 0.003557 USTB. In other words, to buy 5 Merkle Trade, it would cost you 0.017784 USTB. Inversely, 1 USTB would allow you to trade for 281.15 MKL while 50 USTB would convert to 14,057.34 MKL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.07%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, and that the highest exchange rate of 1 MKL to USTB was 0.003557 USTB and the lowest 24 hour value was 1 MKL for 0.003557 USTB. Last month, 1 MKL was worth 0.003812 USTB. Today, it's down 7.17%. Looking back a year, Merkle Trade has changed by 0.00526 USTB. That means that in a single year, the value of Merkle Trade has shrank by 47.9%.
Merkle Trade Market Stats
Merkle Trade is the first gamified perpetual futures decentralized exchange (DEX) based on Aptos. It provides omnichain support, including EVM wallet integration via LayerZero. Backed by prominent investors like Hashed and Arrington Capital, Merkle Trade uniquely combines a high-performance, secure perpetual DEX with the engaging, social elements of popular online and RPG games. Believing that making directional bets on volatile assets like crypto should be fun for all, the platform has significantly lowered the barriers to entry for leverage trading crypto, commodities, and forex. In 10 months, Merkle Trade has amassed over $13.5 billion in cumulative trading volume and attracted more than 125,000 traders.
Superstate Short Duration U.S. Government Securities Fund (USTB) Market Stats
USTB’s innovative structure and partnership with established service providers breaks new ground in the private funds space. The fund invests in short duration U.S. Treasury and U.S. Agency securities, targeting the federal funds rate, with a 0.15% management fee.1 Accepted U.S. Qualified Purchasers are able to subscribe to and redeem from the Fund using USDC2 at a daily NAV which is calculated by NAV Consulting. USTB’s Ethereum-based Allowlist enables on-chain ownership, transfer, and compliance. Additionally in the future, it is likely that peer-to-peer transactions will be possible, subject to applicable restrictions. The Fund’s flexibility carries through to custody; investors can self-custody USTB in the on-chain addresses of their choice, such as an EOA, multi-sig, or MPC wallet. Additionally, investors can choose to utilize Anchorage Digital Bank National Association, a custodian and federally chartered bank, or BitGo, a qualified custodian and New York state chartered trust. Superstate, an Exempt Reporting Adviser, serves as the Fund’s investment manager, with Federated Hermes serving as the Fund’s sub-advisor. USTB is a series of a Delaware Trust, which is legally separate from Superstate. For more Fund details, please consult the USTB information page. USTB marks the start of our mission to tokenize the world’s assets. We’re committed to developing regulated, modern investing products that enhance investment opportunities for institutions, and, ultimately, all investors.
Conversion tables
MKL to USTB values from Today at 5:13 am
0.5 MKL = 0.001778 USTB |
1 MKL = 0.003557 USTB |
5 MKL = 0.01778 USTB |
10 MKL = 0.03557 USTB |
50 MKL = 0.1778 USTB |
100 MKL = 0.3557 USTB |
500 MKL = 1.78 USTB |
1,000 MKL = 3.56 USTB |
USTB to MKL values from Today at 5:14 am
0.5 USTB = 140.57 MKL |
1 USTB = 281.15 MKL |
5 USTB = 1,405.73 MKL |
10 USTB = 2,811.47 MKL |
50 USTB = 14,057.34 MKL |
100 USTB = 28,114.68 MKL |
500 USTB = 140,573.39 MKL |
1,000 USTB = 281,146.79 MKL |
MKL to USTB over time
MKL | Today | 24H -0.01% | 1M -7.17% | 1Y -47.90% |
|---|---|---|---|---|
0.5 MKL | 0.001778 USTB | 0.001779 USTB | 0.001906 USTB | 0.00263 USTB |
1 MKL | 0.003557 USTB | 0.003557 USTB | 0.003812 USTB | 0.00526 USTB |
5 MKL | 0.01778 USTB | 0.01779 USTB | 0.01906 USTB | 0.0263 USTB |
10 MKL | 0.03557 USTB | 0.03557 USTB | 0.03812 USTB | 0.0526 USTB |
50 MKL | 0.1778 USTB | 0.1779 USTB | 0.1906 USTB | 0.263 USTB |
100 MKL | 0.3557 USTB | 0.3557 USTB | 0.3812 USTB | 0.526 USTB |
500 MKL | 1.78 USTB | 1.78 USTB | 1.91 USTB | 2.63 USTB |
1,000 MKL | 3.56 USTB | 3.56 USTB | 3.81 USTB | 5.26 USTB |
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