Convert Cod3x USD CDXUSD to Wrapped Bitcoin WBTC
CDXUSD to WBTC: 1 Cod3x USD converts to 0.000004715 WBTC
About CDXUSD and WBTC
Cod3x USD is climbing, while Wrapped Bitcoin is falling this week. The current CDXUSD to WBTC conversion rate is 0.000004715. Inversely, this means that if you convert 1 WBTC you will get 212,082.80 CDXUSD. The conversion rate of CDXUSD/WBTC has increased by 0.25% in the last hour (WBTC/CDXUSD decreased by 0.25%). In the last 24 hours, CDXUSD/WBTC grew by 1.89%, while WBTC/CDXUSD shrunk by the same amount.
The exchange rate of Cod3x USD is increasing. The current value of 1 CDXUSD is 0.000004715 WBTC. In other words, to buy 5 Cod3x USD, it would cost you 0.000023576 WBTC. Inversely, 1 WBTC would allow you to trade for 212,082.80 CDXUSD while 50 WBTC would convert to 10,604,139.91 CDXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 32.17%. Meanwhile, in the last 24 hours, the rate has changed by 1.81%, and that the highest exchange rate of 1 CDXUSD to WBTC was 0.000004775 WBTC and the lowest 24 hour value was 1 CDXUSD for 0.000004409 WBTC. Last month, 1 CDXUSD was worth 0.00001534 WBTC. Today, it's down 225.3%. Looking back a year, Cod3x USD has changed by 0.000008921 WBTC. That means that in a single year, the value of Cod3x USD has shrank by 89.2%.
Cod3x USD Market Stats
cdxUSD presents a unique implementation of features from the industry's leading Collateralized Debt Position (CDP) platforms, aggregated into a new DeFi primitive that addresses assessed fl aws and optimizes for user safety and reduced protocol risk. The stablecoin features structural risk mitigations that reinforce its security and enable it to scale yields organically alongside the system. Cod3x cdxUSD is planned to be available on various EVM chains in the form of an ERC20 Token. Cod3x is able to create and manage Facilitators, whereby each Facilitator is associated with a strategy that can autonomously mint and burn cdxUSD tokens. The design allows for flexibility and upgradability on how cdxUSD is minted, while isolating risk.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
CDXUSD to WBTC values from Today at 11:46 pm
0.5 CDXUSD = 0.000002358 WBTC |
1 CDXUSD = 0.000004715 WBTC |
5 CDXUSD = 0.00002358 WBTC |
10 CDXUSD = 0.00004715 WBTC |
50 CDXUSD = 0.0002358 WBTC |
100 CDXUSD = 0.0004715 WBTC |
500 CDXUSD = 0.002358 WBTC |
1,000 CDXUSD = 0.004715 WBTC |
WBTC to CDXUSD values from Today at 11:43 pm
0.5 WBTC = 106,041.40 CDXUSD |
1 WBTC = 212,082.80 CDXUSD |
5 WBTC = 1,060,413.99 CDXUSD |
10 WBTC = 2,120,827.98 CDXUSD |
50 WBTC = 10,604,139.91 CDXUSD |
100 WBTC = 21,208,279.81 CDXUSD |
500 WBTC = 106,041,399.05 CDXUSD |
1,000 WBTC = 212,082,798.10 CDXUSD |
CDXUSD to WBTC over time
CDXUSD | Today | 24H 1.81% | 1M -225.30% | 1Y -89.20% |
|---|---|---|---|---|
0.5 CDXUSD | 0.000002358 WBTC | 0.000002315 WBTC | 0.000007669 WBTC | 0.000004461 WBTC |
1 CDXUSD | 0.000004715 WBTC | 0.00000463 WBTC | 0.00001534 WBTC | 0.000008921 WBTC |
5 CDXUSD | 0.00002358 WBTC | 0.00002315 WBTC | 0.00007669 WBTC | 0.00004461 WBTC |
10 CDXUSD | 0.00004715 WBTC | 0.0000463 WBTC | 0.0001534 WBTC | 0.00008921 WBTC |
50 CDXUSD | 0.0002358 WBTC | 0.0002315 WBTC | 0.0007669 WBTC | 0.0004461 WBTC |
100 CDXUSD | 0.0004715 WBTC | 0.000463 WBTC | 0.001534 WBTC | 0.0008921 WBTC |
500 CDXUSD | 0.002358 WBTC | 0.002315 WBTC | 0.007669 WBTC | 0.004461 WBTC |
1,000 CDXUSD | 0.004715 WBTC | 0.00463 WBTC | 0.01534 WBTC | 0.008921 WBTC |
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