Convert Optimism OP to Staked Frax USD SFRXUSD
OP to SFRXUSD: 1 Optimism converts to 0.08151 SFRXUSD
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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 OP and SFRXUSD
Optimism is falling, while Staked Frax USD is climbing this week. The current OP to SFRXUSD conversion rate is 0.08151. Inversely, this means that if you convert 1 SFRXUSD you will get 12.27 OP. The conversion rate of OP/SFRXUSD has increased by 0.97% in the last hour (SFRXUSD/OP decreased by 0.96%). In the last 24 hours, OP/SFRXUSD shrunk by 1.14%, while SFRXUSD/OP grew by 1.15%.
The exchange rate of Optimism is decreasing. The current value of 1 OP is 0.08151 SFRXUSD. In other words, to buy 5 Optimism, it would cost you 0.40757 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 12.27 OP while 50 SFRXUSD would convert to 613.40 OP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.44%. Meanwhile, in the last 24 hours, the rate has changed by 1.64%, and that the highest exchange rate of 1 OP to SFRXUSD was 0.08389 SFRXUSD and the lowest 24 hour value was 1 OP for 0.07814 SFRXUSD. Last month, 1 OP was worth 0.09909 SFRXUSD. Today, it's down 17.74%. Looking back a year, Optimism has changed by 0.3885 SFRXUSD. That means that in a single year, the value of Optimism has shrank by 79.02%.
Optimism Market Stats
Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more
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.
Conversion tables
OP to SFRXUSD values from Today at 2:01 am
0.5 OP = 0.04076 SFRXUSD |
1 OP = 0.08151 SFRXUSD |
5 OP = 0.4076 SFRXUSD |
10 OP = 0.8151 SFRXUSD |
50 OP = 4.08 SFRXUSD |
100 OP = 8.15 SFRXUSD |
500 OP = 40.76 SFRXUSD |
1,000 OP = 81.51 SFRXUSD |
SFRXUSD to OP values from Today at 2:00 am
0.5 SFRXUSD = 6.13 OP |
1 SFRXUSD = 12.27 OP |
5 SFRXUSD = 61.34 OP |
10 SFRXUSD = 122.68 OP |
50 SFRXUSD = 613.40 OP |
100 SFRXUSD = 1,226.79 OP |
500 SFRXUSD = 6,133.97 OP |
1,000 SFRXUSD = 12,267.94 OP |
OP to SFRXUSD over time
OP | Today | 24H -1.66% | 1M -21.57% | 1Y -376.66% |
|---|---|---|---|---|
0.5 OP | 0.04076 SFRXUSD | 0.04144 SFRXUSD | 0.04955 SFRXUSD | 0.1943 SFRXUSD |
1 OP | 0.08151 SFRXUSD | 0.08287 SFRXUSD | 0.09909 SFRXUSD | 0.3885 SFRXUSD |
5 OP | 0.4076 SFRXUSD | 0.4144 SFRXUSD | 0.4955 SFRXUSD | 1.94 SFRXUSD |
10 OP | 0.8151 SFRXUSD | 0.8287 SFRXUSD | 0.9909 SFRXUSD | 3.89 SFRXUSD |
50 OP | 4.08 SFRXUSD | 4.14 SFRXUSD | 4.95 SFRXUSD | 19.43 SFRXUSD |
100 OP | 8.15 SFRXUSD | 8.29 SFRXUSD | 9.91 SFRXUSD | 38.85 SFRXUSD |
500 OP | 40.76 SFRXUSD | 41.44 SFRXUSD | 49.55 SFRXUSD | 194.27 SFRXUSD |
1,000 OP | 81.51 SFRXUSD | 82.87 SFRXUSD | 99.09 SFRXUSD | 388.54 SFRXUSD |
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