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What is the current SOFR one month rate for cryptocurrencies?

avatarSRINITHA K ECEMar 18, 2022 · 3 years ago3 answers

Can you provide me with the current SOFR one month rate for cryptocurrencies? I'm interested in knowing the rate for this specific period.

What is the current SOFR one month rate for cryptocurrencies?
Cryptocurrencies
SOFR
Interest Rate

3 answers

  • avatarMar 18, 2022 · 3 years ago
    Sure! The current SOFR one month rate for cryptocurrencies is 2.5%. This rate is used as a benchmark for short-term interest rates in the cryptocurrency market. It is important to note that the rate may vary depending on the specific cryptocurrency and the exchange you are trading on.
  • avatarMar 18, 2022 · 3 years ago
    The current SOFR one month rate for cryptocurrencies is 2.5%. This rate is an indicator of the cost of borrowing and lending cryptocurrencies for a one-month period. It is widely used in the cryptocurrency market to determine interest rates and pricing for various financial products.
  • avatarMar 18, 2022 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, provides the current SOFR one month rate for cryptocurrencies. As of today, the rate stands at 2.5%. This rate is used by traders and investors to assess the cost of borrowing and lending cryptocurrencies for a one-month period. It is an important factor to consider when making investment decisions in the cryptocurrency market.

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