Convert USDEon Ethereum to USTBLon Ethereum
Swap Ethena USDe (USDE) on Ethereum to Spiko US T-Bills Money Market Fund (USTBL) on Ethereum at the best cross-chain rate. SwitchFi routes your USDE → USTBL exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
USDE to USTBL market data
| Metric | USDE · Ethereum | USTBL · Ethereum |
|---|---|---|
| Price | $0.9995 | $1.09 |
| Market cap | $4.24B | $171.82M |
| 24h volume | $105.10M | $0 |
| 24h change | +0.01% | +0.01% |
| 7d change | +0.00% | +0.10% |
| 24h high / low | $0.9996 / $0.9992 | $1.09 / $1.09 |
| All-time high | $1.03 | $1.09 |
| Market cap rank | #24 | #185 |
What is the USDE to USTBL exchange rate?
At the current market price, 1 USDE ≈ 0.91282466 USTBL, and 1 USTBL ≈ 1.0955 USDE. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
By market value the pair is uneven — Ethena USDe's $4.24B dwarfs Spiko US T-Bills Money Market Fund's $171.82M by a factor of about 25×. On the overall leaderboard they sit at #24 and #185 respectively. Day-on-day, USDE printed +0.01% and USTBL printed +0.01%, meaning the exchange rate between them has held roughly steady. On a 7-day view the tape shows USDE +0.00% and USTBL +0.10%.
USDE to USTBL converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
USDE / USTBL conversion tables
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Live quote, net of DEX/bridge/gas fees. The final amount is confirmed in your wallet at execution.
Indicative estimate — the exact amount is confirmed in your wallet at execution.
About Ethena USDe and Spiko US T-Bills Money Market Fund
With a total market value of $4.24B, Ethena USDe (USDE) sits at #24 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.24B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $105.10M of USDE changes hands every 24 hours.
Spiko US T-Bills Money Market Fund (USTBL) ranks #185 by market capitalisation at $171.82M. It is trading close to its all-time high of $1.09. There are currently 156.94M USTBL in circulation. Over the last 7 days USTBL is +0.10%, and +0.30% across 30 days.
How to convert USDE to USTBL
- 1 Enter the amount of USDE on Ethereum you want to convert — the swap widget on this page is prefilled with the USDE → USTBL pair.
- 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
- 3 Review the quoted route — the estimated and minimum amount of USTBL on Ethereum you will receive, plus network, DEX and bridge fees, are all shown before you sign.
- 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.
Other options to exchange USTBL
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TRX → USTBLEthereum
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Figure Heloc
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Convert any other cryptocurrency from USDE
USDEEthereum → BTC
Bitcoin
USDEEthereum → ETH
Ethereum
USDEEthereum → USDTEthereum
Tether
USDEEthereum → BNB
BNB
USDEEthereum → XRP
XRP
USDEEthereum → USDCEthereum
USDC
USDEEthereum → SOL
Solana
USDEEthereum → TRX
TRON
USDEEthereum → FIGR_HELOC
Figure Heloc
USDEEthereum → HYPE
Hyperliquid
USDEEthereum → ZEC
Zcash
USDEEthereum → DOGE
Dogecoin
USDE to USTBL FAQ
What is the USDE to USTBL exchange rate?
Right now 1 USDE ≈ 0.91282466 USTBL (and 1 USTBL ≈ 1.0955 USDE). Rates update continuously from live market data; the exact amount you receive is quoted in your wallet before you sign.
How to swap, exchange or convert USDE to USTBL on SwitchFi?
Three steps: set the USDE amount, connect your wallet, then approve the best quoted USDE→USTBL route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the USDE to USTBL swap instant?
Speed depends on the route: same-chain trades are near-instant, while bridged cross-chain paths usually complete in a few minutes. Progress is trackable the whole way.
Are there fees to convert USDE to USTBL?
All costs — gas, DEX fees and any bridge fee — are included in the quote before you sign, along with the guaranteed minimum you'll receive. There are no account or custody charges.
Do I need an account to exchange USDE for USTBL?
No. SwitchFi is a non-custodial router — connect a compatible wallet and swap. No sign-up, no KYC to use the on-chain swap.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.