Convert Sovryn SOV to Leveraged stETH XSTETH
SOV to XSTETH: 1 Sovryn converts to 0.4552 XSTETH
About SOV and XSTETH
Sovryn is climbing, while Leveraged stETH is falling this week. The current SOV to XSTETH conversion rate is 0.4552. Inversely, this means that if you convert 1 XSTETH you will get 2.20 SOV. The conversion rate of SOV/XSTETH has increased by 0.05% in the last hour (XSTETH/SOV decreased by 0.05%). In the last 24 hours, SOV/XSTETH grew by 3.28%, while XSTETH/SOV shrunk by the same amount.
The exchange rate of Sovryn is increasing. The current value of 1 SOV is 0.4552 XSTETH. In other words, to buy 5 Sovryn, it would cost you 2.2758 XSTETH. Inversely, 1 XSTETH would allow you to trade for 2.20 SOV while 50 XSTETH would convert to 109.85 SOV, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.42%. Meanwhile, in the last 24 hours, the rate has changed by 1.46%, and that the highest exchange rate of 1 SOV to XSTETH was 0.4639 XSTETH and the lowest 24 hour value was 1 SOV for 0.446 XSTETH. Last month, 1 SOV was worth 18.49 XSTETH. Today, it's down 3,962.92%. Looking back a year, Sovryn has changed by 0.08053 XSTETH. That means that in a single year, the value of Sovryn has grown by 82.31%.
Sovryn Market Stats
$SOV is the governance token of the Sovryn Protocol, home of the largest defi ecosystem on top of Bitcoin
Leveraged stETH Market Stats
xstETH token, also called leveraged stETH, is a decentralized, composable leveraged long stETH futures contract with a low risk of liquidations and a 0 funding fee. To create a stable-leverage pair, f(x) holds a reserve of some base token. To start, let’s consider stETH. Minted against that stETH reserve are two types of derivative tokens; one stable, and one volatile(xstETH). At all times, the total market cap of the two derivative tokens is held equal to the value of the reserve, and any derivative token can be redeemed at any time for its share of the reserve base token. The volatile token price rises at a multiple rate of stETH. Based on the performance of xETH, this multiple generally varies between 1.5x- 4x, though it can rise as high as 4.3X before the protocol responds to limit it.
Conversion tables
SOV to XSTETH values from Today at 1:12 am
0.5 SOV = 0.2276 XSTETH |
1 SOV = 0.4552 XSTETH |
5 SOV = 2.28 XSTETH |
10 SOV = 4.55 XSTETH |
50 SOV = 22.76 XSTETH |
100 SOV = 45.52 XSTETH |
500 SOV = 227.58 XSTETH |
1,000 SOV = 455.16 XSTETH |
XSTETH to SOV values from Today at 1:14 am
0.5 XSTETH = 1.10 SOV |
1 XSTETH = 2.20 SOV |
5 XSTETH = 10.99 SOV |
10 XSTETH = 21.97 SOV |
50 XSTETH = 109.85 SOV |
100 XSTETH = 219.70 SOV |
500 XSTETH = 1,098.51 SOV |
1,000 XSTETH = 2,197.03 SOV |
SOV to XSTETH over time
SOV | Today | 24H 1.46% | 1M -3,962.92% | 1Y 82.31% |
|---|---|---|---|---|
0.5 SOV | 0.2276 XSTETH | 0.2243 XSTETH | 9.25 XSTETH | 0.04026 XSTETH |
1 SOV | 0.4552 XSTETH | 0.4485 XSTETH | 18.49 XSTETH | 0.08053 XSTETH |
5 SOV | 2.28 XSTETH | 2.24 XSTETH | 92.46 XSTETH | 0.4026 XSTETH |
10 SOV | 4.55 XSTETH | 4.49 XSTETH | 184.93 XSTETH | 0.8053 XSTETH |
50 SOV | 22.76 XSTETH | 22.43 XSTETH | 924.64 XSTETH | 4.03 XSTETH |
100 SOV | 45.52 XSTETH | 44.85 XSTETH | 1,849.28 XSTETH | 8.05 XSTETH |
500 SOV | 227.58 XSTETH | 224.26 XSTETH | 9,246.42 XSTETH | 40.26 XSTETH |
1,000 SOV | 455.16 XSTETH | 448.53 XSTETH | 18,492.83 XSTETH | 80.53 XSTETH |
Related conversions
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.