Convert Sperax SPA to Staked Frax USD SFRXUSD
SPA to SFRXUSD: 1 Sperax converts to 0.002245 SFRXUSD
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About SPA and SFRXUSD
Sperax is falling, while Staked Frax USD is climbing this week. The current SPA to SFRXUSD conversion rate is 0.002245. Inversely, this means that if you convert 1 SFRXUSD you will get 445.44 SPA. The conversion rate of SPA/SFRXUSD has decreased by 0.36% in the last hour (SFRXUSD/SPA increased by 0.36%). In the last 24 hours, SPA/SFRXUSD shrunk by 0.26%, while SFRXUSD/SPA grew by 0.26%.
The exchange rate of Sperax is decreasing. The current value of 1 SPA is 0.002245 SFRXUSD. In other words, to buy 5 Sperax, it would cost you 0.011225 SFRXUSD. Inversely, 1 SFRXUSD would allow you to trade for 445.44 SPA while 50 SFRXUSD would convert to 22,272.17 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by 0.61%, and that the highest exchange rate of 1 SPA to SFRXUSD was 0.002322 SFRXUSD and the lowest 24 hour value was 1 SPA for 0.002243 SFRXUSD. Last month, 1 SPA was worth 0.001895 SFRXUSD. Today, it's up 18.49%. Looking back a year, Sperax has changed by 0.006675 SFRXUSD. That means that in a single year, the value of Sperax has shrank by 66.37%.
Sperax Market Stats
SPA is the governance token of the Sperax ecosystem. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD - a stablecoin featuring ‘auto-yield’ generation. SPA tokens must be staked in order to participate in the Sperax DAO. Sperax ecosystem is governed by community of SPA stakers or veSPA holders, who make up Sperax DAO.
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
SPA to SFRXUSD values from Today at 3:04 pm
0.5 SPA = 0.001122 SFRXUSD |
1 SPA = 0.002245 SFRXUSD |
5 SPA = 0.01122 SFRXUSD |
10 SPA = 0.02245 SFRXUSD |
50 SPA = 0.1122 SFRXUSD |
100 SPA = 0.2245 SFRXUSD |
500 SPA = 1.12 SFRXUSD |
1,000 SPA = 2.24 SFRXUSD |
SFRXUSD to SPA values from Today at 3:12 pm
0.5 SFRXUSD = 222.72 SPA |
1 SFRXUSD = 445.44 SPA |
5 SFRXUSD = 2,227.22 SPA |
10 SFRXUSD = 4,454.43 SPA |
50 SFRXUSD = 22,272.17 SPA |
100 SFRXUSD = 44,544.34 SPA |
500 SFRXUSD = 222,721.68 SPA |
1,000 SFRXUSD = 445,443.36 SPA |
SPA to SFRXUSD over time
SPA | Today | 24H -0.61% | 1M 15.61% | 1Y -197.33% |
|---|---|---|---|---|
0.5 SPA | 0.001122 SFRXUSD | 0.001129 SFRXUSD | 0.0009473 SFRXUSD | 0.003337 SFRXUSD |
1 SPA | 0.002245 SFRXUSD | 0.002259 SFRXUSD | 0.001895 SFRXUSD | 0.006675 SFRXUSD |
5 SPA | 0.01122 SFRXUSD | 0.01129 SFRXUSD | 0.009473 SFRXUSD | 0.03337 SFRXUSD |
10 SPA | 0.02245 SFRXUSD | 0.02259 SFRXUSD | 0.01895 SFRXUSD | 0.06675 SFRXUSD |
50 SPA | 0.1122 SFRXUSD | 0.1129 SFRXUSD | 0.09473 SFRXUSD | 0.3337 SFRXUSD |
100 SPA | 0.2245 SFRXUSD | 0.2259 SFRXUSD | 0.1895 SFRXUSD | 0.6675 SFRXUSD |
500 SPA | 1.12 SFRXUSD | 1.13 SFRXUSD | 0.9473 SFRXUSD | 3.34 SFRXUSD |
1,000 SPA | 2.24 SFRXUSD | 2.26 SFRXUSD | 1.89 SFRXUSD | 6.67 SFRXUSD |
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