Convert Staked Frax USD SFRXUSD to Definitive EDGE
SFRXUSD to EDGE: 1 Staked Frax USD converts to 9.77 EDGE
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About SFRXUSD and EDGE
Staked Frax USD is falling, while Definitive is climbing this week. The current SFRXUSD to EDGE conversion rate is 9.77. Inversely, this means that if you convert 1 EDGE you will get 0.1023 SFRXUSD. The conversion rate of SFRXUSD/EDGE has increased by 0.56% in the last hour (EDGE/SFRXUSD decreased by 0.56%). In the last 24 hours, SFRXUSD/EDGE shrunk by 21.88%, while EDGE/SFRXUSD grew by the same amount.
The exchange rate of Staked Frax USD is decreasing. The current value of 1 SFRXUSD is 9.77 EDGE. In other words, to buy 5 Staked Frax USD, it would cost you 48.86 EDGE. Inversely, 1 EDGE would allow you to trade for 0.1023 SFRXUSD while 50 EDGE would convert to 5.12 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.06%. Meanwhile, in the last 24 hours, the rate has changed by 22.33%, which means that the highest exchange rate of 1 SFRXUSD to EDGE was 11.95 EDGE and the lowest 24 hour value was 1 SFRXUSD for 8.65 EDGE. Last month, 1 SFRXUSD was worth 17.87 EDGE. Today, it's down 82.92%. Looking back a year, Staked Frax USD has changed by 3.98 EDGE. That means that in a single year, the value of Staked Frax USD has grown by 59.31%.
Staked Frax USD Market Stats
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token. sfrxUSD is fully redeemable for frxUSD at an increasing rate proportional to the yield mechanism (described below). sfrxUSD is not rebasing and can always be redeemed for the underlying frxUSD with no unstaking fee or price impact. sfrxUSD is unique in yielding design in that it targets a benchmark-rate strategy that alternates between the best of three governance-approved strategies: carry-trade, algorithmic market operations (AMOs), and the Interest on Reserve Balances/T-Bill (IORB) rate. This insures that sfrxUSD’s APY is the most competitive yield onchain.
Definitive Market Stats
Definitive is an advanced trading platform that offers a CeFi-like experience on DeFi rails via a non-custodial platform & API that is live across Solana, Base and other major EVM chains. EDGE is the utility token for the Definitive platform. Users can stake EDGE to unlock trading fee discounts and enhanced platform capabilities.
Conversion tables
SFRXUSD to EDGE values from Today at 8:03 pm
0.5 SFRXUSD = 4.89 EDGE |
1 SFRXUSD = 9.77 EDGE |
5 SFRXUSD = 48.86 EDGE |
10 SFRXUSD = 97.71 EDGE |
50 SFRXUSD = 488.57 EDGE |
100 SFRXUSD = 977.14 EDGE |
500 SFRXUSD = 4,885.70 EDGE |
1,000 SFRXUSD = 9,771.39 EDGE |
EDGE to SFRXUSD values from Today at 8:04 pm
0.5 EDGE = 0.05117 SFRXUSD |
1 EDGE = 0.1023 SFRXUSD |
5 EDGE = 0.5117 SFRXUSD |
10 EDGE = 1.02 SFRXUSD |
50 EDGE = 5.12 SFRXUSD |
100 EDGE = 10.23 SFRXUSD |
500 EDGE = 51.17 SFRXUSD |
1,000 EDGE = 102.34 SFRXUSD |
SFRXUSD to EDGE over time
SFRXUSD | Today | 24H -22.33% | 1M -82.92% | 1Y 59.31% |
|---|---|---|---|---|
0.5 SFRXUSD | 4.89 EDGE | 5.98 EDGE | 8.94 EDGE | 1.99 EDGE |
1 SFRXUSD | 9.77 EDGE | 11.95 EDGE | 17.87 EDGE | 3.98 EDGE |
5 SFRXUSD | 48.86 EDGE | 59.77 EDGE | 89.37 EDGE | 19.88 EDGE |
10 SFRXUSD | 97.71 EDGE | 119.53 EDGE | 178.74 EDGE | 39.76 EDGE |
50 SFRXUSD | 488.57 EDGE | 597.67 EDGE | 893.70 EDGE | 198.82 EDGE |
100 SFRXUSD | 977.14 EDGE | 1,195.34 EDGE | 1,787.39 EDGE | 397.64 EDGE |
500 SFRXUSD | 4,885.70 EDGE | 5,976.68 EDGE | 8,936.95 EDGE | 1,988.18 EDGE |
1,000 SFRXUSD | 9,771.39 EDGE | 11,953.37 EDGE | 17,873.90 EDGE | 3,976.35 EDGE |
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