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What is the current SOFR one month rate for cryptocurrencies?

Upton McdowellMay 11, 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.

3 answers

  • May 11, 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.
  • May 11, 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.
  • May 11, 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.