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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 SPA and NGM
Sperax is falling, while e-Money is climbing this week. The current SPA to NGM conversion rate is 0.5576. Inversely, this means that if you convert 1 NGM you will get 1.79 SPA. The conversion rate of SPA/NGM has decreased by 0.37% in the last hour (NGM/SPA increased by 0.38%). In the last 24 hours, SPA/NGM shrunk by 2.28%, while NGM/SPA grew by 2.33%.
The exchange rate of Sperax is increasing. The current value of 1 SPA is 0.5576 NGM. In other words, to buy 5 Sperax, it would cost you 2.7878 NGM. Inversely, 1 NGM would allow you to trade for 1.79 SPA while 50 NGM would convert to 89.68 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.24%. Meanwhile, in the last 24 hours, the rate has changed by 0.29%, and that the highest exchange rate of 1 SPA to NGM was 0.5777 NGM and the lowest 24 hour value was 1 SPA for 0.5053 NGM. Last month, 1 SPA was worth 0.5196 NGM. Today, it's up 7.3%. Looking back a year, Sperax has changed by 0.9286 NGM. That means that in a single year, the value of Sperax has shrank by 39.96%.
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.
e-Money Market Stats
e-Money stablecoins are a further stage in the development of collateralized stablecoins, but with some great advantages of their own which truly set them apart. Firstly, e-Money stablecoins are not prone to the many drawbacks and inherent instability of algorithmic stablecoins. e-Money stablecoins are collateralized in the same currency as which they are issued so the eEUR stablecoin is collateralized in Euros and the eUSD stablecoin is collateralized by US dollars. The simplicity of this system also means that currency-backed stablecoins are highly efficient and liquid.
Conversion tables
SPA to NGM values from Today at 2:03 am
0.5 SPA = 0.2788 NGM |
1 SPA = 0.5576 NGM |
5 SPA = 2.79 NGM |
10 SPA = 5.58 NGM |
50 SPA = 27.88 NGM |
100 SPA = 55.76 NGM |
500 SPA = 278.78 NGM |
1,000 SPA = 557.55 NGM |
NGM to SPA values from Today at 2:14 am
0.5 NGM = 0.8968 SPA |
1 NGM = 1.79 SPA |
5 NGM = 8.97 SPA |
10 NGM = 17.94 SPA |
50 NGM = 89.68 SPA |
100 NGM = 179.36 SPA |
500 NGM = 896.78 SPA |
1,000 NGM = 1,793.55 SPA |
SPA to NGM over time
SPA | Today | 24H 0.28% | 1M 6.80% | 1Y -66.56% |
|---|---|---|---|---|
0.5 SPA | 0.2788 NGM | 0.278 NGM | 0.2598 NGM | 0.4643 NGM |
1 SPA | 0.5576 NGM | 0.556 NGM | 0.5196 NGM | 0.9286 NGM |
5 SPA | 2.79 NGM | 2.78 NGM | 2.60 NGM | 4.64 NGM |
10 SPA | 5.58 NGM | 5.56 NGM | 5.20 NGM | 9.29 NGM |
50 SPA | 27.88 NGM | 27.80 NGM | 25.98 NGM | 46.43 NGM |
100 SPA | 55.76 NGM | 55.60 NGM | 51.96 NGM | 92.86 NGM |
500 SPA | 278.78 NGM | 277.98 NGM | 259.81 NGM | 464.32 NGM |
1,000 SPA | 557.55 NGM | 555.96 NGM | 519.62 NGM | 928.64 NGM |
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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.