Convert Frax USD FRXUSD to Wrapped Bitcoin WBTC
FRXUSD to WBTC: 1 Frax USD converts to 0.00001242 WBTC
About FRXUSD and WBTC
Frax USD is climbing, while Wrapped Bitcoin is falling this week. The current FRXUSD to WBTC conversion rate is 0.00001242. Inversely, this means that if you convert 1 WBTC you will get 80,515.02 FRXUSD. The conversion rate of FRXUSD/WBTC has decreased by 0.23% in the last hour (WBTC/FRXUSD increased by 0.23%). In the last 24 hours, FRXUSD/WBTC grew by 0.5%, while WBTC/FRXUSD shrunk by 0.49%.
The exchange rate of Frax USD is increasing. The current value of 1 FRXUSD is 0.00001242 WBTC. In other words, to buy 5 Frax USD, it would cost you 0.0000621 WBTC. Inversely, 1 WBTC would allow you to trade for 80,515.02 FRXUSD while 50 WBTC would convert to 4,025,751.22 FRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.79%. Meanwhile, in the last 24 hours, the rate has changed by 0.45%, which means that the highest exchange rate of 1 FRXUSD to WBTC was 0.00001263 WBTC and the lowest 24 hour value was 1 FRXUSD for 0.00001236 WBTC. Last month, 1 FRXUSD was worth 0.00001185 WBTC. Today, it's up 4.79%. Looking back a year, Frax USD has changed by 0.000008736 WBTC. That means that in a single year, the value of Frax USD has grown by 42.18%.
Frax USD Market Stats
Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol. It operates using a hybrid model where governance-approved enshrined custodians mint and redeem frxUSD backed by cash-equivalent reserves, while advanced onchain mechanisms developed by the Frax Finance Protocol ensure stability, security, and seamless usability across DeFi and traditional financial systems.
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
FRXUSD to WBTC values from Today at 11:53 pm
0.5 FRXUSD = 0.00000621 WBTC |
1 FRXUSD = 0.00001242 WBTC |
5 FRXUSD = 0.0000621 WBTC |
10 FRXUSD = 0.0001242 WBTC |
50 FRXUSD = 0.000621 WBTC |
100 FRXUSD = 0.001242 WBTC |
500 FRXUSD = 0.00621 WBTC |
1,000 FRXUSD = 0.01242 WBTC |
WBTC to FRXUSD values from Today at 11:53 pm
0.5 WBTC = 40,257.51 FRXUSD |
1 WBTC = 80,515.02 FRXUSD |
5 WBTC = 402,575.12 FRXUSD |
10 WBTC = 805,150.24 FRXUSD |
50 WBTC = 4,025,751.22 FRXUSD |
100 WBTC = 8,051,502.44 FRXUSD |
500 WBTC = 40,257,512.20 FRXUSD |
1,000 WBTC = 80,515,024.40 FRXUSD |
FRXUSD to WBTC over time
FRXUSD | Today | 24H 0.45% | 1M 4.57% | 1Y 29.66% |
|---|---|---|---|---|
0.5 FRXUSD | 0.00000621 WBTC | 0.000006182 WBTC | 0.000005926 WBTC | 0.000004368 WBTC |
1 FRXUSD | 0.00001242 WBTC | 0.00001236 WBTC | 0.00001185 WBTC | 0.000008736 WBTC |
5 FRXUSD | 0.0000621 WBTC | 0.00006182 WBTC | 0.00005926 WBTC | 0.00004368 WBTC |
10 FRXUSD | 0.0001242 WBTC | 0.0001236 WBTC | 0.0001185 WBTC | 0.00008736 WBTC |
50 FRXUSD | 0.000621 WBTC | 0.0006182 WBTC | 0.0005926 WBTC | 0.0004368 WBTC |
100 FRXUSD | 0.001242 WBTC | 0.001236 WBTC | 0.001185 WBTC | 0.0008736 WBTC |
500 FRXUSD | 0.00621 WBTC | 0.006182 WBTC | 0.005926 WBTC | 0.004368 WBTC |
1,000 FRXUSD | 0.01242 WBTC | 0.01236 WBTC | 0.01185 WBTC | 0.008736 WBTC |
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