Convert Coinbase Wrapped Staked ETH CBETH to Paxos Standard PAX
CBETH to PAX: 1 Coinbase Wrapped Staked ETH converts to 2,385.53 PAX
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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 cbETH and PAX
Coinbase Wrapped Staked ETH is falling, while Paxos Standard is climbing this week. The current cbETH to PAX conversion rate is 2,385.53. Inversely, this means that if you convert 1 PAX you will get 0.0004192 cbETH. The conversion rate of cbETH/PAX has increased by 0.54% in the last hour (PAX/cbETH decreased by 0.53%). In the last 24 hours, cbETH/PAX shrunk by 2.86%, while PAX/cbETH grew by 2.95%.
The exchange rate of Coinbase Wrapped Staked ETH is decreasing. The current value of 1 cbETH is 2,385.53 PAX. In other words, to buy 5 Coinbase Wrapped Staked ETH, it would cost you 11,927.65 PAX. Inversely, 1 PAX would allow you to trade for 0.0004192 cbETH while 50 PAX would convert to 0.02096 cbETH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.74%. Meanwhile, in the last 24 hours, the rate has changed by 1.97%, and that the highest exchange rate of 1 cbETH to PAX was 2,438.35 PAX and the lowest 24 hour value was 1 cbETH for 2,302.64 PAX. Last month, 1 cbETH was worth 2,864.93 PAX. Today, it's down 16.73%. Looking back a year, Coinbase Wrapped Staked ETH has changed by 4,016.38 PAX. That means that in a single year, the value of Coinbase Wrapped Staked ETH has shrank by 40.6%.
Coinbase Wrapped Staked ETH Market Stats
Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.
Paxos Standard Market Stats
Pax Dollar (USDP), also known by its former name Paxos Standard (PAX), is a U.S. dollar-backed stablecoin issued by Paxos and available on Ethereum. Paxos states that USDP is backed by reserves held in cash and cash equivalents and is redeemable one-to-one for U.S. dollars, subject to its terms and eligibility requirements.
Conversion tables
CBETH to PAX values from Today at 1:55 am
0.5 CBETH = 1,192.77 PAX |
1 CBETH = 2,385.53 PAX |
5 CBETH = 11,927.65 PAX |
10 CBETH = 23,855.31 PAX |
50 CBETH = 119,276.54 PAX |
100 CBETH = 238,553.08 PAX |
500 CBETH = 1,192,765.40 PAX |
1,000 CBETH = 2,385,530.80 PAX |
PAX to CBETH values from Today at 1:55 am
0.5 PAX = 0.0002096 CBETH |
1 PAX = 0.0004192 CBETH |
5 PAX = 0.002096 CBETH |
10 PAX = 0.004192 CBETH |
50 PAX = 0.02096 CBETH |
100 PAX = 0.04192 CBETH |
500 PAX = 0.2096 CBETH |
1,000 PAX = 0.4192 CBETH |
CBETH to PAX over time
CBETH | Today | 24H -2.01% | 1M -20.10% | 1Y -68.36% |
|---|---|---|---|---|
0.5 CBETH | 1,192.77 PAX | 1,216.77 PAX | 1,432.47 PAX | 2,008.19 PAX |
1 CBETH | 2,385.53 PAX | 2,433.54 PAX | 2,864.93 PAX | 4,016.38 PAX |
5 CBETH | 11,927.65 PAX | 12,167.71 PAX | 14,324.66 PAX | 20,081.91 PAX |
10 CBETH | 23,855.31 PAX | 24,335.42 PAX | 28,649.31 PAX | 40,163.81 PAX |
50 CBETH | 119,276.54 PAX | 121,677.12 PAX | 143,246.57 PAX | 200,819.07 PAX |
100 CBETH | 238,553.08 PAX | 243,354.24 PAX | 286,493.14 PAX | 401,638.14 PAX |
500 CBETH | 1,192,765.40 PAX | 1,216,771.18 PAX | 1,432,465.71 PAX | 2,008,190.69 PAX |
1,000 CBETH | 2,385,530.80 PAX | 2,433,542.37 PAX | 2,864,931.42 PAX | 4,016,381.38 PAX |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.