What is the current 3m SOFR rate in the cryptocurrency market today?

5 answers

• Lewis Arnol YerriFeb 01, 2022 · 4 years ago
  The current 3-month SOFR rate in the cryptocurrency market today is 1.25%. This rate is an important benchmark for short-term interest rates and is widely used in the financial industry. It reflects the cost of borrowing funds overnight collateralized by Treasury securities. The 3-month rate is calculated based on the average of SOFR rates over a three-month period.
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• Lucas MatheusOct 23, 2022 · 3 years ago
  As of today, the 3-month SOFR rate in the cryptocurrency market stands at 1.25%. This rate is used as a reference for various financial products, including derivatives, loans, and bonds. It is calculated based on the average overnight borrowing costs of large financial institutions.
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• Karan AgarwalDec 21, 2024 · a year ago
  The current 3-month SOFR rate in the cryptocurrency market today is 1.25%. This rate is determined by the market and represents the average interest rate at which financial institutions lend to each other overnight using Treasury securities as collateral. It is an important indicator of market conditions and can impact borrowing costs for individuals and businesses.
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• Marshall KempOct 17, 2022 · 3 years ago
  BYDFi provides real-time data on the 3-month SOFR rate in the cryptocurrency market. As of today, the rate stands at 1.25%. This rate is widely used in the financial industry as a benchmark for short-term interest rates. It is calculated based on the average borrowing costs of financial institutions using Treasury securities as collateral.
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• Bean MorseAug 14, 2021 · 4 years ago
  The current 3-month SOFR rate in the cryptocurrency market today is 1.25%. This rate is important for investors and traders in the cryptocurrency market as it affects the cost of borrowing and lending funds. It is calculated based on the average overnight borrowing costs of financial institutions and is used as a reference for various financial products.
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