Convert Staked Frax USD SFRXUSD to Optimism OP
SFRXUSD to OP: 1 Staked Frax USD converts to 12.09 OP
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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 OP
Staked Frax USD is climbing, while Optimism is falling this week. The current SFRXUSD to OP conversion rate is 12.09. Inversely, this means that if you convert 1 OP you will get 0.08271 SFRXUSD. The conversion rate of SFRXUSD/OP has decreased by 0.34% in the last hour (OP/SFRXUSD increased by 0.34%). In the last 24 hours, SFRXUSD/OP grew by 0.82%, while OP/SFRXUSD shrunk by 0.82%.
The exchange rate of Staked Frax USD is increasing. The current value of 1 SFRXUSD is 12.09 OP. In other words, to buy 5 Staked Frax USD, it would cost you 60.45 OP. Inversely, 1 OP would allow you to trade for 0.08271 SFRXUSD while 50 OP would convert to 4.14 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 13.19%. Meanwhile, in the last 24 hours, the rate has changed by 1.02%, which means that the highest exchange rate of 1 SFRXUSD to OP was 12.16 OP and the lowest 24 hour value was 1 SFRXUSD for 11.86 OP. Last month, 1 SFRXUSD was worth 10.86 OP. Today, it's up 11.34%. Looking back a year, Staked Frax USD has changed by 2.76 OP. That means that in a single year, the value of Staked Frax USD has grown by 338.37%.
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.
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
Conversion tables
SFRXUSD to OP values from Today at 4:43 pm
0.5 SFRXUSD = 6.04 OP |
1 SFRXUSD = 12.09 OP |
5 SFRXUSD = 60.45 OP |
10 SFRXUSD = 120.90 OP |
50 SFRXUSD = 604.49 OP |
100 SFRXUSD = 1,208.99 OP |
500 SFRXUSD = 6,044.93 OP |
1,000 SFRXUSD = 12,089.87 OP |
OP to SFRXUSD values from Today at 4:44 pm
0.5 OP = 0.04136 SFRXUSD |
1 OP = 0.08271 SFRXUSD |
5 OP = 0.4136 SFRXUSD |
10 OP = 0.8271 SFRXUSD |
50 OP = 4.14 SFRXUSD |
100 OP = 8.27 SFRXUSD |
500 OP = 41.36 SFRXUSD |
1,000 OP = 82.71 SFRXUSD |
SFRXUSD to OP over time
SFRXUSD | Today | 24H 1.01% | 1M 10.18% | 1Y 77.19% |
|---|---|---|---|---|
0.5 SFRXUSD | 6.04 OP | 5.98 OP | 5.43 OP | 1.38 OP |
1 SFRXUSD | 12.09 OP | 11.97 OP | 10.86 OP | 2.76 OP |
5 SFRXUSD | 60.45 OP | 59.84 OP | 54.29 OP | 13.79 OP |
10 SFRXUSD | 120.90 OP | 119.68 OP | 108.59 OP | 27.58 OP |
50 SFRXUSD | 604.49 OP | 598.41 OP | 542.93 OP | 137.90 OP |
100 SFRXUSD | 1,208.99 OP | 1,196.81 OP | 1,085.86 OP | 275.79 OP |
500 SFRXUSD | 6,044.93 OP | 5,984.06 OP | 5,429.29 OP | 1,378.97 OP |
1,000 SFRXUSD | 12,089.87 OP | 11,968.12 OP | 10,858.58 OP | 2,757.93 OP |
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