Convert mPendle MPENDLE to Wrapped Bitcoin WBTC
MPENDLE to WBTC: 1 mPendle converts to 0.000008238 WBTC
About MPENDLE and WBTC
mPendle is falling, while Wrapped Bitcoin is climbing this week. The current MPENDLE to WBTC conversion rate is 0.000008238. Inversely, this means that if you convert 1 WBTC you will get 121,386.04 MPENDLE. The conversion rate of MPENDLE/WBTC has decreased by 0.79% in the last hour (WBTC/MPENDLE increased by 0.79%). In the last 24 hours, MPENDLE/WBTC shrunk by 1.72%, while WBTC/MPENDLE grew by 1.75%.
The exchange rate of mPendle is decreasing. The current value of 1 MPENDLE is 0.000008238 WBTC. In other words, to buy 5 mPendle, it would cost you 0.000041191 WBTC. Inversely, 1 WBTC would allow you to trade for 121,386.04 MPENDLE while 50 WBTC would convert to 6,069,301.96 MPENDLE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.45%. Meanwhile, in the last 24 hours, the rate has changed by 1.67%, and that the highest exchange rate of 1 MPENDLE to WBTC was 0.000008547 WBTC and the lowest 24 hour value was 1 MPENDLE for 0.000008219 WBTC. Last month, 1 MPENDLE was worth 0.000008841 WBTC. Today, it's down 6.81%. Looking back a year, mPendle has changed by 0.00001925 WBTC. That means that in a single year, the value of mPendle has shrank by 57.2%.
mPendle Market Stats
What is the project about? Penpie is a next-generation DeFi platform designed 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. History of your project. What’s next for your project? What can your token be used for? mPENDLE refers to "Magpie PENDLE", is a liquid version of vePENDLE that allows users to earn passive income on Penpie. PENDLE holders can convert tokens into mPENDLE on Penpie to earn boosted APR. Penpie takes all converted PENDLE tokens and locks them on Pendle Finance in order to acquire more vePENDLE. This, in turn, allows Penpie to provide boosted APR for its depositors. The process of permanently removing tokens from circulation is known as 'blackholing' and cannot be reversed. mPENDLE holders have the option to exchange their tokens for PENDLE on Wombat Exchange.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
MPENDLE to WBTC values from Today at 11:47 pm
0.5 MPENDLE = 0.000004119 WBTC |
1 MPENDLE = 0.000008238 WBTC |
5 MPENDLE = 0.00004119 WBTC |
10 MPENDLE = 0.00008238 WBTC |
50 MPENDLE = 0.0004119 WBTC |
100 MPENDLE = 0.0008238 WBTC |
500 MPENDLE = 0.004119 WBTC |
1,000 MPENDLE = 0.008238 WBTC |
WBTC to MPENDLE values from Today at 11:45 pm
0.5 WBTC = 60,693.02 MPENDLE |
1 WBTC = 121,386.04 MPENDLE |
5 WBTC = 606,930.20 MPENDLE |
10 WBTC = 1,213,860.39 MPENDLE |
50 WBTC = 6,069,301.96 MPENDLE |
100 WBTC = 12,138,603.92 MPENDLE |
500 WBTC = 60,693,019.62 MPENDLE |
1,000 WBTC = 121,386,039.23 MPENDLE |
MPENDLE to WBTC over time
MPENDLE | Today | 24H -1.70% | 1M -7.31% | 1Y -133.65% |
|---|---|---|---|---|
0.5 MPENDLE | 0.000004119 WBTC | 0.000004189 WBTC | 0.00000442 WBTC | 0.000009624 WBTC |
1 MPENDLE | 0.000008238 WBTC | 0.000008378 WBTC | 0.000008841 WBTC | 0.00001925 WBTC |
5 MPENDLE | 0.00004119 WBTC | 0.00004189 WBTC | 0.0000442 WBTC | 0.00009624 WBTC |
10 MPENDLE | 0.00008238 WBTC | 0.00008378 WBTC | 0.00008841 WBTC | 0.0001925 WBTC |
50 MPENDLE | 0.0004119 WBTC | 0.0004189 WBTC | 0.000442 WBTC | 0.0009624 WBTC |
100 MPENDLE | 0.0008238 WBTC | 0.0008378 WBTC | 0.0008841 WBTC | 0.001925 WBTC |
500 MPENDLE | 0.004119 WBTC | 0.004189 WBTC | 0.00442 WBTC | 0.009624 WBTC |
1,000 MPENDLE | 0.008238 WBTC | 0.008378 WBTC | 0.008841 WBTC | 0.01925 WBTC |
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