About WUSDR and IDEX
Wrapped USDR is falling, while IDEX is climbing this week. The current WUSDR to IDEX conversion rate is 684.45. Inversely, this means that if you convert 1 IDEX you will get 0.001461 WUSDR. The conversion rate of WUSDR/IDEX has increased by 185.31% in the last hour (IDEX/WUSDR decreased by 185.31%). In the last 24 hours, WUSDR/IDEX shrunk by 4.42%, while IDEX/WUSDR grew by the same amount.
The exchange rate of Wrapped USDR is decreasing. The current value of 1 WUSDR is 684.45 IDEX. In other words, to buy 5 Wrapped USDR, it would cost you 3,422.25 IDEX. Inversely, 1 IDEX would allow you to trade for 0.001461 WUSDR while 50 IDEX would convert to 0.07305 WUSDR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.98%. Meanwhile, in the last 24 hours, the rate has changed by 2.25%, which means that the highest exchange rate of 1 WUSDR to IDEX was 753.49 IDEX and the lowest 24 hour value was 1 WUSDR for 234.82 IDEX. Last month, 1 WUSDR was worth 404.10 IDEX. Today, it's up 40.96%. Looking back a year, Wrapped USDR has changed by 4.96 IDEX. That means that in a single year, the value of Wrapped USDR has grown by 99.27%.
Wrapped USDR Market Stats
wUSDR is a wrapped version of USDR. USDR is the world’s first stablecoin collateralized by tokenized, yield-producing real estate. USDR has its own value accrual system built into its design, differentiating it from other currencies. Using a consistent stream of dependable yield derived from rental revenue, USDR will deliver a native real yield to stakers through a daily rebase, projected to range between 10 - 20% APY. As an asset class, real estate is inflation-proof and wealth generating, making it an ideal backing for a stablecoin. While the dollar has lost over 80% of its purchasing power over the past 50 years, the price of single-family home has gone up by 14x in countries like the United States. So a real estate backed stablecoin not only works as a hedge against the volatility of crypto markets, it also protects holders from the impacts of ongoing currency debasement. USDR is minted using DAI and can always be redeemed 1:1 for DAI. Treasury DAI is used to purchase and tokenize income-generating real estate, which is added to the treasury and serves as the primary source of protocol yield. As the value of the tokenized real estate appreciates over time, USDR becomes overcollateralized. Tokenized real world assets are the path to meaningfully grow the market cap of crypto and DeFi, reaching the next billion users in the process. Bringing RWAs on-chain allows for transparent, trust-minimized and efficient access to categories like the ~$330T global real estate market. Without the need for a mortgage or a downpayment, it’s now possible for anyone with a phone to access many of the benefits of real estate though USDR.
IDEX Market Stats
IDEX is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.
Conversion tables
WUSDR to IDEX values from Today at 3:22 am
0.5 WUSDR = 342.23 IDEX |
1 WUSDR = 684.45 IDEX |
5 WUSDR = 3,422.25 IDEX |
10 WUSDR = 6,844.51 IDEX |
50 WUSDR = 34,222.53 IDEX |
100 WUSDR = 68,445.05 IDEX |
500 WUSDR = 342,225.25 IDEX |
1,000 WUSDR = 684,450.51 IDEX |
IDEX to WUSDR values from Today at 3:22 am
0.5 IDEX = 0.0007305 WUSDR |
1 IDEX = 0.001461 WUSDR |
5 IDEX = 0.007305 WUSDR |
10 IDEX = 0.01461 WUSDR |
50 IDEX = 0.07305 WUSDR |
100 IDEX = 0.1461 WUSDR |
500 IDEX = 0.7305 WUSDR |
1,000 IDEX = 1.46 WUSDR |
WUSDR to IDEX over time
WUSDR | Today | 24H -2.25% | 1M 40.96% | 1Y 99.27% |
|---|---|---|---|---|
0.5 WUSDR | 342.23 IDEX | 349.92 IDEX | 202.05 IDEX | 2.48 IDEX |
1 WUSDR | 684.45 IDEX | 699.84 IDEX | 404.10 IDEX | 4.96 IDEX |
5 WUSDR | 3,422.25 IDEX | 3,499.18 IDEX | 2,020.52 IDEX | 24.82 IDEX |
10 WUSDR | 6,844.51 IDEX | 6,998.36 IDEX | 4,041.05 IDEX | 49.63 IDEX |
50 WUSDR | 34,222.53 IDEX | 34,991.79 IDEX | 20,205.24 IDEX | 248.17 IDEX |
100 WUSDR | 68,445.05 IDEX | 69,983.58 IDEX | 40,410.47 IDEX | 496.34 IDEX |
500 WUSDR | 342,225.25 IDEX | 349,917.91 IDEX | 202,052.36 IDEX | 2,481.70 IDEX |
1,000 WUSDR | 684,450.51 IDEX | 699,835.81 IDEX | 404,104.72 IDEX | 4,963.40 IDEX |
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