{"uid":"cap_uBK-Yk4PuiClSASOO0fMR","slug":"sofr-rate-secured-overnight-financing-rate-via-fred-04cc0a10","name":"SOFR Rate (Secured Overnight Financing Rate) via FRED","description":"Secured Overnight Financing Rate (SOFR), via FRED (SOFR)","url":"https://finance-api.kdlcfa.workers.dev/sofr-rate","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET"],"type":"string"},"queryParams":{"type":"object","required":[],"properties":{}}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"object"}}}}},"responseSchema":null,"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.01","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.01/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.01","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.01","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_g0TMJ9D5xPUDLSN655WCS","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.01","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns the current Secured Overnight Financing Rate (SOFR) sourced from the Federal Reserve Economic Data (FRED) database","exampleAgentPrompt":"What is the current SOFR rate? Pull it from FRED so I can use it in my floating rate note calculation.","exampleUseCases":[{"title":"Floating rate loan pricing","prompt":"I need to price a floating rate commercial loan — can you pull the latest SOFR rate so I can add the spread on top?"},{"title":"LIBOR transition reference check","prompt":"We're migrating our legacy LIBOR contracts to SOFR — what is the current SOFR rate today so I can update our reference rate?"},{"title":"Daily rate monitoring for treasury dashboard","prompt":"Fetch today's SOFR rate from FRED and tell me what it is so I can log it in our treasury rate tracker."}],"resultDescription":"Returns the latest SOFR rate value as published by FRED, including the rate percentage and the associated date for the observation, providing a current benchmark for overnight secured lending backed by U.S. Treasury securities.","failureModes":["FRED data source unavailable or delayed — rate may not reflect same-day publication","No data returned if FRED has not yet published the latest observation (published next business day)","Payment not processed — HTTP 402 if the $0.01 USDC micropayment is not included","Network timeout from the Cloudflare Worker if the upstream FRED API is slow"],"whenToPreferThis":"Choose this endpoint when you need the authoritative SOFR benchmark rate sourced directly from FRED (Federal Reserve Economic Data) for use in loan pricing, derivative valuation, floating rate note calculations, or regulatory compliance. Prefer this over scraped or unofficial sources when accuracy and provenance matter. Best suited for single, on-demand rate lookups rather than bulk historical time series queries.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-14T18:46:15.788Z","isFirstParty":false}