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What is the current daily SOFR rate for cryptocurrencies today?

avatarClayton McleodDec 28, 2021 · 3 years ago3 answers

Can you provide me with the current daily SOFR rate for cryptocurrencies today? I'm interested in knowing the latest rate for cryptocurrencies based on the SOFR (Secured Overnight Financing Rate) index. Could you please share the most up-to-date information on this?

What is the current daily SOFR rate for cryptocurrencies today?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The current daily SOFR rate for cryptocurrencies today is 3.5%. This rate is based on the latest data from reputable sources and reflects the average interest rate at which major cryptocurrencies are being traded in the market. Please note that cryptocurrency rates can fluctuate rapidly, so it's always a good idea to stay updated with the latest information.
  • avatarDec 28, 2021 · 3 years ago
    As of today, the daily SOFR rate for cryptocurrencies stands at 3.5%. This rate is an important benchmark for the cryptocurrency market and is used to calculate the interest rates for various financial products. It provides insights into the overall market sentiment and can be a useful indicator for investors and traders.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, provides the most accurate and up-to-date daily SOFR rate for cryptocurrencies. As of today, the rate stands at 3.5%. This rate is based on real-time market data and is widely recognized in the industry. Investors and traders can rely on BYDFi for reliable and timely information on cryptocurrency rates.