Convert Interest Protocol IPT to Singapore Dollar SGD
IPT to SGD: 1 Interest Protocol converts to S$0.02463 SGD as of September 4 at 7:08 AM
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About Interest Protocol
Interest Protocol is falling this week. The current price of Interest Protocol is S$0.02463 per IPT. With a circulating supply of 0 IPT, it means that Interest Protocol has a total market cap of S$0.00. The amount of Interest Protocol traded has fallen by S$0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, S$0.00 worth of IPT has been traded.
The exchange rate of Interest Protocol is increasing. The current value of 1 IPT is S$0.02463 SGD. In other words, to buy 5 Interest Protocol, it would cost you S$0.12317 SGD. Inversely, S$1.00 SGD would allow you to trade for 40.59 IPT while S$50.00 SGD would convert to 2,029.74 IPT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 IPT to SGD was S$0.02468 SGD and the lowest 24 hour value was 1 IPT for S$0.02461 SGD. Last month, 1 IPT was worth S$0.03378 SGD. Today, it's up 0%. Looking back a year, Interest Protocol has changed by S$0.03384 SGD. That means that in a single year, the value of Interest Protocol has grown by 0%.
Interest Protocol Market Stats
## What Is Interest Protocol? Launched on June 13th, 2022, Interest Protocol (IP) is the first fractional reserve banking protocol on the Ethereum blockchain that pays interest to all depositors. USDi is an over-collateralized stablecoin issued by Interest Protocol. IPT is the governance token of Interest Protocol. Users can mint 1 USDi by depositing 1 USDC into the protocol, and anyone can receive 1 USDC from the protocol by burning 1 USDi that they hold. In addition, users can deposit assets into a multi-collateral vault and borrow USDi against that collateral. Regardless of how they obtained USDi, all USDi holders automatically earn yield without having to spend gas to stake. Given the same amount of capital, Interest Protocol can generate more loans with less liquidity risk than existing lending protocols without fractional reserves. Interest Protocol automatically manages its reserve ratio—USDC in the protocol’s reserve over the total supply of USDi—by employing a variable interest rate system. As the reserve ratio decreases, the borrow and deposit rates of USDi increase, and vice versa. ## How Many IPT Tokens Are There in Circulation? At launch, there will be 100 million IPT tokens in existence. 20% of this will be unissued and held in the protocol treasury. Through governance proposals, IPT holders can collectively decide to mint additional IPT tokens. ## Who Built Interest Protocol? Interest Protocol was developed by GFX Labs. GFX Labs started in 2021 with the goal of building web 3 applications that facilitate ownership and improve usability. ### Where Can I Buy IPT? IPT can be purchased by participating in the [IPT sale](
Conversion tables
IPT to SGD values from Today at 7:08 am
0.5 IPT = S$0.01232 SGD |
1 IPT = S$0.02463 SGD |
5 IPT = S$0.1232 SGD |
10 IPT = S$0.2463 SGD |
50 IPT = S$1.23 SGD |
100 IPT = S$2.46 SGD |
500 IPT = S$12.32 SGD |
1,000 IPT = S$24.63 SGD |
SGD to IPT values from Today at
S$0.50 SGD = 20.30 IPT |
S$1.00 SGD = 40.59 IPT |
S$5.00 SGD = 202.97 IPT |
S$10.00 SGD = 405.95 IPT |
S$50.00 SGD = 2,029.74 IPT |
S$100.00 SGD = 4,059.48 IPT |
S$500.00 SGD = 20,297.40 IPT |
S$1,000.00 SGD = 40,594.79 IPT |
IPT to SGD over time
IPT | Today | 24H -0.18% | 1M -37.13% | 1Y -37.35% |
|---|---|---|---|---|
0.5 IPT | S$0.01232 SGD | S$0.01234 SGD | S$0.01689 SGD | S$0.01692 SGD |
1 IPT | S$0.02463 SGD | S$0.02468 SGD | S$0.03378 SGD | S$0.03384 SGD |
5 IPT | S$0.1232 SGD | S$0.1234 SGD | S$0.1689 SGD | S$0.1692 SGD |
10 IPT | S$0.2463 SGD | S$0.2468 SGD | S$0.3378 SGD | S$0.3384 SGD |
50 IPT | S$1.23 SGD | S$1.23 SGD | S$1.69 SGD | S$1.69 SGD |
100 IPT | S$2.46 SGD | S$2.47 SGD | S$3.38 SGD | S$3.38 SGD |
500 IPT | S$12.32 SGD | S$12.34 SGD | S$16.89 SGD | S$16.92 SGD |
1,000 IPT | S$24.63 SGD | S$24.68 SGD | S$33.78 SGD | S$33.84 SGD |
Frequently asked questions
Right now, 1 Interest Protocol is worth about S$0.02463.
Based on the current rate, you could get 40.59 IPT for 1 SGD.
You can use our IPT to SGD calculator at the top of this page to convert any amount of IPT to SGD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SGD is equivalent to 202.97 IPT. Inversely, 5 IPT will cost about S$0.1232
Interest Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Interest Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Interest Protocol, including , , and . For a more robust list of assets to explore, jump to the asset page dedicated to Interest Protocol.
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