Convert FRXUSDon Optimism to USDEon Ethereum
Swap Frax USD (FRXUSD) on Optimism to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your FRXUSD → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
FRXUSD to USDE market data
| Metric | FRXUSD · Optimism | USDE · Ethereum |
|---|---|---|
| Price | $0.9995 | $0.9986 |
| Market cap | $108.56M | $4.39B |
| 24h volume | $9.45M | $113.55M |
| 24h change | -0.00% | -0.02% |
| 7d change | -0.05% | +0.02% |
| 24h high / low | $1.00 / $0.9991 | $0.9988 / $0.9983 |
| All-time high | $1.01 | $1.03 |
| Market cap rank | #250 | #25 |
What is the FRXUSD to USDE exchange rate?
At the current market price, 1 FRXUSD ≈ 1.0009 USDE, and 1 USDE ≈ 0.99914455 FRXUSD. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Frax USD is the smaller side of this pair — Ethena USDe's market capitalisation of $4.39B is roughly 40× larger than Frax USD's $108.56M. FRXUSD holds rank #250 while USDE holds #25 by market capitalisation. Day-on-day, FRXUSD printed -0.00% and USDE printed -0.02%, meaning the exchange rate between them has held roughly steady. Zooming out to a week, FRXUSD has moved -0.05% while USDE has moved +0.02%. Daily turnover runs at $9.45M for FRXUSD and $113.55M for USDE, so routed swaps between the two settle at market rates without moving the price.
FRXUSD to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
FRXUSD / 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 Frax USD and Ethena USDe
Frax USD (FRXUSD) is the #250 cryptocurrency by market cap, worth $108.56M in aggregate. The price is hovering near its record high of $1.01. Circulating supply stands at 108.60M FRXUSD. Recent performance reads -0.05% over 7 days and -0.03% over the past month for FRXUSD. Around $9.45M of FRXUSD changes hands every 24 hours.
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 +0.02%, and -0.08% across 30 days. Around $113.55M of USDE changes hands every 24 hours.
How to convert FRXUSD to USDE
- 1 Enter the amount of FRXUSD on Optimism you want to convert — the swap widget on this page is prefilled with the FRXUSD → 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.
Other options to exchange USDE
BTC → USDEEthereum
Bitcoin
ETH → USDEEthereum
Ethereum
USDTEthereum → USDEEthereum
Tether
BNB → USDEEthereum
BNB
USDCEthereum → USDEEthereum
USDC
XRP → USDEEthereum
XRP
SOL → USDEEthereum
Solana
TRX → USDEEthereum
TRON
FIGR_HELOC → USDEEthereum
Figure Heloc
HYPE → USDEEthereum
Hyperliquid
DOGE → USDEEthereum
Dogecoin
USDSEthereum → USDEEthereum
USDS
Convert any other cryptocurrency from FRXUSD
FRXUSDOptimism → BTC
Bitcoin
FRXUSDOptimism → ETH
Ethereum
FRXUSDOptimism → USDTEthereum
Tether
FRXUSDOptimism → BNB
BNB
FRXUSDOptimism → USDCEthereum
USDC
FRXUSDOptimism → XRP
XRP
FRXUSDOptimism → SOL
Solana
FRXUSDOptimism → TRX
TRON
FRXUSDOptimism → FIGR_HELOC
Figure Heloc
FRXUSDOptimism → HYPE
Hyperliquid
FRXUSDOptimism → DOGE
Dogecoin
FRXUSDOptimism → USDSEthereum
USDS
FRXUSD to USDE FAQ
What is the FRXUSD to USDE exchange rate?
At current prices one FRXUSD converts to about 1.0009 USDE, and one USDE to about 0.99914455 FRXUSD. The figure tracks the market in real time — the binding rate is the one quoted at execution.
How to swap, exchange or convert FRXUSD to USDE on SwitchFi?
Three steps: set the FRXUSD amount, connect your wallet, then approve the best quoted FRXUSD→USDE route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the FRXUSD to USDE swap instant?
Same-chain swaps settle in seconds; cross-chain routes typically take a few minutes while the bridge confirms on both sides. You can track live status until the funds land.
Are there fees to convert FRXUSD to USDE?
SwitchFi shows the network, DEX and bridge fees up front in the quote. You always see the minimum you'll receive before confirming — there are no hidden custody fees because you never give up control of your funds.
Do I need an account to exchange FRXUSD for USDE?
No account is needed. You connect a wallet, approve the swap and receive the funds directly — there is no registration or KYC step for on-chain swaps.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.