What is the current 1 month SOFR rate in the cryptocurrency market today?

3 answers

• Nov 26, 2021 · 3 years ago
  The current 1 month SOFR rate in the cryptocurrency market today is 0.25%. This rate is calculated based on the average interest rates at which overnight loans are secured using Treasury securities as collateral. The SOFR rate is widely used as a benchmark for short-term interest rates in the cryptocurrency market, providing a measure of the cost of borrowing and lending in the market.
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• Nov 26, 2021 · 3 years ago
  The 1 month SOFR rate in the cryptocurrency market today is 0.25%. This rate is determined by taking the average of the daily SOFR rates over the past 30 days. The SOFR rate is considered to be a more reliable and transparent benchmark compared to other rates, such as LIBOR, which has been subject to manipulation in the past. It is used by market participants to price various financial products and assess market conditions.
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• Nov 26, 2021 · 3 years ago
  As an expert in the cryptocurrency market, I can tell you that the current 1 month SOFR rate is 0.25%. This rate is widely followed by market participants and serves as an important indicator of short-term interest rates in the cryptocurrency market. It is calculated based on actual transactions and provides a more accurate reflection of market conditions compared to other rates. If you are interested in trading cryptocurrencies, keeping an eye on the SOFR rate can help you make informed decisions.
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