Convert FRED to USDEon Ethereum
Swap First Convicted RACCON (FRED) to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your FRED → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
FRED to USDE market data
| Metric | FRED | USDE · Ethereum |
|---|---|---|
| Price | $0.0003233 | $0.9985 |
| Market cap | $323,261 | $4.39B |
| 24h volume | $28,023 | $118.40M |
| 24h change | -7.67% | -0.02% |
| 7d change | -11.34% | +0.00% |
| 24h high / low | $0.0003502 / $0.0003215 | $0.9988 / $0.9983 |
| All-time high | $0.3032 | $1.03 |
| Market cap rank | #4083 | #25 |
What is the FRED to USDE exchange rate?
At the current market price, 1 FRED ≈ 0.00032379 USDE, and 1 USDE ≈ 3088.38 FRED. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Ethena USDe carries the larger market value of the two — $4.39B versus $323,261 for First Convicted RACCON. They currently rank #4083 and #25 among all cryptocurrencies. The last 24 hours put FRED at -7.67% against -0.02% for USDE — the FRED/USDE rate has moved in USDE's favour. On a 7-day view the tape shows FRED -11.34% and USDE +0.00%. Liquidity is ample on both legs — FRED trades $28,023 a day and USDE trades $118.40M — so conversions execute at market rates. Measured from record highs, FRED is down 99.9% and USDE is down 3.4%.
FRED to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
FRED / USDE 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 First Convicted RACCON and Ethena USDe
First Convicted RACCON (FRED) is the #4083 cryptocurrency by market cap, worth $323,261 in aggregate. The price sits 99.9% under the record high of $0.3032. Of a maximum supply of 999.84M FRED, 999.84M FRED (100%) is already in circulation. FRED has moved -11.34% week-on-week and -0.76% over 30 days. Its 24-hour trading volume is $28,023.
With a total market value of $4.39B, Ethena USDe (USDE) sits at #25 among all cryptocurrencies. The price sits 3.4% under the record high of $1.03. There are currently 4.39B USDE in circulation. Over the last 7 days USDE is +0.00%, and -0.08% across 30 days. Around $118.40M of USDE changes hands every 24 hours.
How to convert FRED to USDE
- 1 Enter the amount of FRED you want to convert — the swap widget on this page is prefilled with the FRED → USDE 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 USDE 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.
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FRED to USDE FAQ
What is the FRED to USDE exchange rate?
Right now 1 FRED ≈ 0.00032379 USDE (and 1 USDE ≈ 3088.38 FRED). 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 FRED to USDE on SwitchFi?
Enter the amount of FRED you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best FRED→USDE path — non-custodial, straight from your wallet.
Is the FRED to USDE 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 FRED to USDE?
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 FRED for USDE?
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.