Convert Staked Frax USD SFRXUSD to Treehouse ETH TETH
SFRXUSD to TETH: 1 Staked Frax USD converts to 0.0003526 TETH
About SFRXUSD and TETH
Staked Frax USD is falling, while Treehouse ETH is climbing this week. The current SFRXUSD to TETH conversion rate is 0.0003526. Inversely, this means that if you convert 1 TETH you will get 2,836.18 SFRXUSD. The conversion rate of SFRXUSD/TETH has decreased by 0.56% in the last hour (TETH/SFRXUSD increased by 0.56%). In the last 24 hours, SFRXUSD/TETH shrunk by 4.82%, while TETH/SFRXUSD grew by the same amount.
The exchange rate of Staked Frax USD is decreasing. The current value of 1 SFRXUSD is 0.0003526 TETH. In other words, to buy 5 Staked Frax USD, it would cost you 0.0017629 TETH. Inversely, 1 TETH would allow you to trade for 2,836.18 SFRXUSD while 50 TETH would convert to 141,809.21 SFRXUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.07%. Meanwhile, in the last 24 hours, the rate has changed by 4.55%, and that the highest exchange rate of 1 SFRXUSD to TETH was 0.0003702 TETH and the lowest 24 hour value was 1 SFRXUSD for 0.00035 TETH. Last month, 1 SFRXUSD was worth 0.0003994 TETH. Today, it's down 13.29%. Looking back a year, Staked Frax USD has changed by 0.0002253 TETH. That means that in a single year, the value of Staked Frax USD has grown by 36.09%.
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.
Treehouse ETH Market Stats
tETH is a liquid staking token (LST) that converges the fragmented on-chain ETH interest rates market. Holders of tETH earn real yield in excess of Ethereum’s Proof-of-Stake (PoS) rewards through interest rate arbitrage while still being able to use tETH for DeFi activities. tETH is also foundational to supporting the eventual implementation of Treehouse’s Decentralized Offered Rates (DOR) consensus mechanism as well as the Treehouse Actively Validated Service (AVS).
Conversion tables
SFRXUSD to TETH values from Today at 4:48 pm
0.5 SFRXUSD = 0.0001763 TETH |
1 SFRXUSD = 0.0003526 TETH |
5 SFRXUSD = 0.001763 TETH |
10 SFRXUSD = 0.003526 TETH |
50 SFRXUSD = 0.01763 TETH |
100 SFRXUSD = 0.03526 TETH |
500 SFRXUSD = 0.1763 TETH |
1,000 SFRXUSD = 0.3526 TETH |
TETH to SFRXUSD values from Today at 4:49 pm
0.5 TETH = 1,418.09 SFRXUSD |
1 TETH = 2,836.18 SFRXUSD |
5 TETH = 14,180.92 SFRXUSD |
10 TETH = 28,361.84 SFRXUSD |
50 TETH = 141,809.21 SFRXUSD |
100 TETH = 283,618.42 SFRXUSD |
500 TETH = 1,418,092.09 SFRXUSD |
1,000 TETH = 2,836,184.17 SFRXUSD |
SFRXUSD to TETH over time
SFRXUSD | Today | 24H -4.55% | 1M -13.29% | 1Y 36.09% |
|---|---|---|---|---|
0.5 SFRXUSD | 0.0001763 TETH | 0.0001843 TETH | 0.0001997 TETH | 0.0001127 TETH |
1 SFRXUSD | 0.0003526 TETH | 0.0003686 TETH | 0.0003994 TETH | 0.0002253 TETH |
5 SFRXUSD | 0.001763 TETH | 0.001843 TETH | 0.001997 TETH | 0.001127 TETH |
10 SFRXUSD | 0.003526 TETH | 0.003686 TETH | 0.003994 TETH | 0.002253 TETH |
50 SFRXUSD | 0.01763 TETH | 0.01843 TETH | 0.01997 TETH | 0.01127 TETH |
100 SFRXUSD | 0.03526 TETH | 0.03686 TETH | 0.03994 TETH | 0.02253 TETH |
500 SFRXUSD | 0.1763 TETH | 0.1843 TETH | 0.1997 TETH | 0.1127 TETH |
1,000 SFRXUSD | 0.3526 TETH | 0.3686 TETH | 0.3994 TETH | 0.2253 TETH |
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