Convert Drift Protocol DRIFT to Superstate Short Duration U.S. Government Securities Fund (USTB) USTB
DRIFT to USTB: 1 Drift Protocol converts to 0.001593 USTB
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About DRIFT and USTB
Drift Protocol is falling, while Superstate Short Duration U.S. Government Securities Fund (USTB) is climbing this week. The current DRIFT to USTB conversion rate is 0.001593. Inversely, this means that if you convert 1 USTB you will get 627.87 DRIFT. The conversion rate of DRIFT/USTB has decreased by 1.31% in the last hour (USTB/DRIFT increased by 1.31%). In the last 24 hours, DRIFT/USTB shrunk by 5.17%, while USTB/DRIFT grew by the same amount.
The exchange rate of Drift Protocol is decreasing. The current value of 1 DRIFT is 0.001593 USTB. In other words, to buy 5 Drift Protocol, it would cost you 0.007963 USTB. Inversely, 1 USTB would allow you to trade for 627.87 DRIFT while 50 USTB would convert to 31,393.51 DRIFT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.67%. Meanwhile, in the last 24 hours, the rate has changed by 5.14%, and that the highest exchange rate of 1 DRIFT to USTB was 0.001675 USTB and the lowest 24 hour value was 1 DRIFT for 0.001553 USTB. Last month, 1 DRIFT was worth 0.001043 USTB. Today, it's up 34.54%. Looking back a year, Drift Protocol has changed by 0.05921 USTB. That means that in a single year, the value of Drift Protocol has shrank by 3,617.44%.
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
Superstate Short Duration U.S. Government Securities Fund (USTB) Market Stats
USTB’s innovative structure and partnership with established service providers breaks new ground in the private funds space. The fund invests in short duration U.S. Treasury and U.S. Agency securities, targeting the federal funds rate, with a 0.15% management fee.1 Accepted U.S. Qualified Purchasers are able to subscribe to and redeem from the Fund using USDC2 at a daily NAV which is calculated by NAV Consulting. USTB’s Ethereum-based Allowlist enables on-chain ownership, transfer, and compliance. Additionally in the future, it is likely that peer-to-peer transactions will be possible, subject to applicable restrictions. The Fund’s flexibility carries through to custody; investors can self-custody USTB in the on-chain addresses of their choice, such as an EOA, multi-sig, or MPC wallet. Additionally, investors can choose to utilize Anchorage Digital Bank National Association, a custodian and federally chartered bank, or BitGo, a qualified custodian and New York state chartered trust. Superstate, an Exempt Reporting Adviser, serves as the Fund’s investment manager, with Federated Hermes serving as the Fund’s sub-advisor. USTB is a series of a Delaware Trust, which is legally separate from Superstate. For more Fund details, please consult the USTB information page. USTB marks the start of our mission to tokenize the world’s assets. We’re committed to developing regulated, modern investing products that enhance investment opportunities for institutions, and, ultimately, all investors.
Conversion tables
DRIFT to USTB values from Today at 6:51 am
0.5 DRIFT = 0.0007963 USTB |
1 DRIFT = 0.001593 USTB |
5 DRIFT = 0.007963 USTB |
10 DRIFT = 0.01593 USTB |
50 DRIFT = 0.07963 USTB |
100 DRIFT = 0.1593 USTB |
500 DRIFT = 0.7963 USTB |
1,000 DRIFT = 1.59 USTB |
USTB to DRIFT values from Today at 6:54 am
0.5 USTB = 313.94 DRIFT |
1 USTB = 627.87 DRIFT |
5 USTB = 3,139.35 DRIFT |
10 USTB = 6,278.70 DRIFT |
50 USTB = 31,393.51 DRIFT |
100 USTB = 62,787.02 DRIFT |
500 USTB = 313,935.08 DRIFT |
1,000 USTB = 627,870.17 DRIFT |
DRIFT to USTB over time
DRIFT | Today | 24H -5.14% | 1M 34.54% | 1Y -3,617.44% |
|---|---|---|---|---|
0.5 DRIFT | 0.0007963 USTB | 0.0008373 USTB | 0.0005213 USTB | 0.0296 USTB |
1 DRIFT | 0.001593 USTB | 0.001675 USTB | 0.001043 USTB | 0.05921 USTB |
5 DRIFT | 0.007963 USTB | 0.008373 USTB | 0.005213 USTB | 0.296 USTB |
10 DRIFT | 0.01593 USTB | 0.01675 USTB | 0.01043 USTB | 0.5921 USTB |
50 DRIFT | 0.07963 USTB | 0.08373 USTB | 0.05213 USTB | 2.96 USTB |
100 DRIFT | 0.1593 USTB | 0.1675 USTB | 0.1043 USTB | 5.92 USTB |
500 DRIFT | 0.7963 USTB | 0.8373 USTB | 0.5213 USTB | 29.60 USTB |
1,000 DRIFT | 1.59 USTB | 1.67 USTB | 1.04 USTB | 59.21 USTB |
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