Convert Cod3x USD CDXUSD to Wrapped Bitcoin WBTC
CDXUSD to WBTC: 1 Cod3x USD converts to 0.000004712 WBTC
About CDXUSD and WBTC
Cod3x USD is falling, while Wrapped Bitcoin is climbing this week. The current CDXUSD to WBTC conversion rate is 0.000004712. Inversely, this means that if you convert 1 WBTC you will get 212,218.56 CDXUSD. The conversion rate of CDXUSD/WBTC has decreased by 0.55% in the last hour (WBTC/CDXUSD increased by 0.55%). In the last 24 hours, CDXUSD/WBTC shrunk by 3.26%, while WBTC/CDXUSD grew by the same amount.
The exchange rate of Cod3x USD is decreasing. The current value of 1 CDXUSD is 0.000004712 WBTC. In other words, to buy 5 Cod3x USD, it would cost you 0.000023561 WBTC. Inversely, 1 WBTC would allow you to trade for 212,218.56 CDXUSD while 50 WBTC would convert to 10,610,927.75 CDXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 32.41%. Meanwhile, in the last 24 hours, the rate has changed by 3.45%, and that the highest exchange rate of 1 CDXUSD to WBTC was 0.00000488 WBTC and the lowest 24 hour value was 1 CDXUSD for 0.000004398 WBTC. Last month, 1 CDXUSD was worth 0.00001526 WBTC. Today, it's down 223.9%. 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 89.32%.
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 9:39 pm
0.5 CDXUSD = 0.000002356 WBTC |
1 CDXUSD = 0.000004712 WBTC |
5 CDXUSD = 0.00002356 WBTC |
10 CDXUSD = 0.00004712 WBTC |
50 CDXUSD = 0.0002356 WBTC |
100 CDXUSD = 0.0004712 WBTC |
500 CDXUSD = 0.002356 WBTC |
1,000 CDXUSD = 0.004712 WBTC |
WBTC to CDXUSD values from Today at 9:37 pm
0.5 WBTC = 106,109.28 CDXUSD |
1 WBTC = 212,218.56 CDXUSD |
5 WBTC = 1,061,092.78 CDXUSD |
10 WBTC = 2,122,185.55 CDXUSD |
50 WBTC = 10,610,927.75 CDXUSD |
100 WBTC = 21,221,855.51 CDXUSD |
500 WBTC = 106,109,277.53 CDXUSD |
1,000 WBTC = 212,218,555.06 CDXUSD |
CDXUSD to WBTC over time
CDXUSD | Today | 24H -3.45% | 1M -223.90% | 1Y -89.32% |
|---|---|---|---|---|
0.5 CDXUSD | 0.000002356 WBTC | 0.000002437 WBTC | 0.000007631 WBTC | 0.000004461 WBTC |
1 CDXUSD | 0.000004712 WBTC | 0.000004875 WBTC | 0.00001526 WBTC | 0.000008921 WBTC |
5 CDXUSD | 0.00002356 WBTC | 0.00002437 WBTC | 0.00007631 WBTC | 0.00004461 WBTC |
10 CDXUSD | 0.00004712 WBTC | 0.00004875 WBTC | 0.0001526 WBTC | 0.00008921 WBTC |
50 CDXUSD | 0.0002356 WBTC | 0.0002437 WBTC | 0.0007631 WBTC | 0.0004461 WBTC |
100 CDXUSD | 0.0004712 WBTC | 0.0004875 WBTC | 0.001526 WBTC | 0.0008921 WBTC |
500 CDXUSD | 0.002356 WBTC | 0.002437 WBTC | 0.007631 WBTC | 0.004461 WBTC |
1,000 CDXUSD | 0.004712 WBTC | 0.004875 WBTC | 0.01526 WBTC | 0.008921 WBTC |
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