Convert INIT to USTBLon Ethereum
Swap Initia (INIT) to Spiko US T-Bills Money Market Fund (USTBL) on Ethereum at the best cross-chain rate. SwitchFi routes your INIT → USTBL exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
INIT to USTBL market data
| Metric | INIT | USTBL · Ethereum |
|---|---|---|
| Price | $0.05663 | $1.09 |
| Market cap | $11.32M | $168.27M |
| 24h volume | $2.45M | $50 |
| 24h change | +2.20% | +0.01% |
| 7d change | -2.09% | +0.07% |
| 24h high / low | $0.05712 / $0.05542 | $1.09 / $1.09 |
| All-time high | $1.42 | $1.09 |
| Market cap rank | #1097 | #187 |
What is the INIT to USTBL exchange rate?
At the current market price, 1 INIT ≈ 0.05200459 USTBL, and 1 USTBL ≈ 19.2291 INIT. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
In size terms Initia is the junior asset: it is valued at $11.32M against Spiko US T-Bills Money Market Fund's $168.27M, a gap of about 15×. On the overall leaderboard they sit at #1097 and #187 respectively. Day-on-day, INIT printed +2.20% and USTBL printed +0.01%, meaning the exchange rate between them has moved in INIT's favour. Across the last 7 days the comparison reads -2.09% for INIT versus +0.07% for USTBL. With $2.45M and $50 in respective daily volume, neither side of a INIT→USTBL swap struggles for depth.
INIT to USTBL converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
INIT / 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 Initia and Spiko US T-Bills Money Market Fund
Initia (INIT) is the #1097 cryptocurrency by market cap, worth $11.32M in aggregate. Compared with its $1.42 all-time peak, it currently trades 96.0% lower. 199.78M INIT is circulating out of a hard cap of 1.00B INIT — about 20% of the eventual supply. INIT has moved -2.09% week-on-week and +3.25% over 30 days. Daily turnover comes to $2.45M.
Spiko US T-Bills Money Market Fund (USTBL) ranks #187 by market capitalisation at $168.27M. It is trading close to its all-time high of $1.09. There are currently 154.51M USTBL in circulation. Over the last 7 days USTBL is +0.07%, and +0.28% across 30 days. Around $50 of USTBL changes hands every 24 hours.
How to convert INIT to USTBL
- 1 Enter the amount of INIT you want to convert — the swap widget on this page is prefilled with the INIT → 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.
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INIT to USTBL FAQ
What is the INIT to USTBL exchange rate?
1 INIT is worth roughly 0.05200459 USTBL at the moment (inverted: 1 USTBL ≈ 19.2291 INIT). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert INIT to USTBL on SwitchFi?
Enter the amount of INIT you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best INIT→USTBL path — non-custodial, straight from your wallet.
Is the INIT 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 INIT to USTBL?
The usual on-chain costs apply (network gas plus DEX/bridge fees), but they're disclosed inside the quote together with the minimum received. Nothing is charged for accounts or custody.
Do I need an account to exchange INIT for USTBL?
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.