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About PNP and RED
Penpie is climbing, while Redstone is falling this week. The current PNP to RED conversion rate is 1.59. Inversely, this means that if you convert 1 RED you will get 0.6279 PNP. The conversion rate of PNP/RED has decreased by 5.48% in the last hour (RED/PNP increased by 5.48%). In the last 24 hours, PNP/RED grew by 5.95%, while RED/PNP shrunk by the same amount.
The exchange rate of Penpie is increasing. The current value of 1 PNP is 1.59 RED. In other words, to buy 5 Penpie, it would cost you 7.96 RED. Inversely, 1 RED would allow you to trade for 0.6279 PNP while 50 RED would convert to 31.40 PNP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.7%. Meanwhile, in the last 24 hours, the rate has changed by 6.08%, and that the highest exchange rate of 1 PNP to RED was 1.79 RED and the lowest 24 hour value was 1 PNP for 1.41 RED. Last month, 1 PNP was worth 1.77 RED. Today, it's down 11.07%. Looking back a year, Penpie has changed by 9.67 RED. That means that in a single year, the value of Penpie has shrank by 507.43%.
Penpie Market Stats
What is the project about? Penpie is a next-generation DeFi platform built by Magpie to provide Pendle Finance users with yield and veTokenomics boosting services. Integrated with Pendle Finance, Penpie focuses on locking PENDLE tokens to obtain governance rights and enhanced yield benefits within Pendle Finance. Penpie revolutionizes the way users can maximize returns on their investments and monetize their governance power. What makes your project unique? Penpie gives PENDLE holders the chance to earn high APR by converting their tokens into mPENDLE. By leveraging the power of Pendle Finance's veTokenomics model, Penpie offers users the opportunity to earn more PENDLE rewards with their PENDLE tokens. Penpie has created mPENDLE, a Penpie version of the PENDLE token, which allows users to earn a large share of PENDLE rewards while enjoying increased flexibility through Penpie. This mechanism gives PENDLE holders the chance to earn high APR% by converting their tokens into mPENDLE at a 1:1 ratio. What can your token be used for? PNP is the governance and revenue-sharing token of Penpie. Users can lock their PNP tokens on Penpie to receive vlPNP at a 1:1 ratio. vlPNP is the locked version of the PNP token.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Conversion tables
PNP to RED values from Today at 10:59 pm
0.5 PNP = 0.7963 RED |
1 PNP = 1.59 RED |
5 PNP = 7.96 RED |
10 PNP = 15.93 RED |
50 PNP = 79.63 RED |
100 PNP = 159.26 RED |
500 PNP = 796.28 RED |
1,000 PNP = 1,592.56 RED |
RED to PNP values from Today at 11:00 pm
0.5 RED = 0.314 PNP |
1 RED = 0.6279 PNP |
5 RED = 3.14 PNP |
10 RED = 6.28 PNP |
50 RED = 31.40 PNP |
100 RED = 62.79 PNP |
500 RED = 313.96 PNP |
1,000 RED = 627.92 PNP |
PNP to RED over time
PNP | Today | 24H 6.08% | 1M -11.07% | 1Y -507.43% |
|---|---|---|---|---|
0.5 PNP | 0.7963 RED | 0.7479 RED | 0.8844 RED | 4.84 RED |
1 PNP | 1.59 RED | 1.50 RED | 1.77 RED | 9.67 RED |
5 PNP | 7.96 RED | 7.48 RED | 8.84 RED | 48.37 RED |
10 PNP | 15.93 RED | 14.96 RED | 17.69 RED | 96.74 RED |
50 PNP | 79.63 RED | 74.79 RED | 88.44 RED | 483.69 RED |
100 PNP | 159.26 RED | 149.57 RED | 176.88 RED | 967.37 RED |
500 PNP | 796.28 RED | 747.86 RED | 884.41 RED | 4,836.85 RED |
1,000 PNP | 1,592.56 RED | 1,495.71 RED | 1,768.82 RED | 9,673.71 RED |
Frequently asked questions
Right now, 1 Penpie is worth about €0.1525.
Based on the current rate, you could get 6.56 PNP for 1 EUR.
Penpie price has been declining. Since yesterday, the exchange rate of Penpie has decreased. Since last month, the exchange rate of Penpie has decreased. Since this time last year, the price of Penpie has decreased.
You can use our PNP to EUR calculator at the top of this page to convert any amount of PNP to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 32.79 PNP. Inversely, 5 PNP will cost about €0.7623
Penpie can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Penpie.
There are a number of crypto assets that have the a similar or comparable market cap to Penpie, including WLTH, Lumentum Tokenized Stock (Reality), and BonusCloud. For a more robust list of assets to explore, jump to the asset page dedicated to Penpie.
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