Convert INIT to THBILLon Ethereum
Swap Initia (INIT) to Theo Short Duration US Treasury Fund (THBILL) on Ethereum at the best cross-chain rate. SwitchFi routes your INIT → THBILL exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
INIT to THBILL market data
| Metric | INIT | THBILL · Ethereum |
|---|---|---|
| Price | $0.06222 | $1.02 |
| Market cap | $12.86M | $117.80M |
| 24h volume | $2.38M | $9,477 |
| 24h change | +4.88% | -0.06% |
| 7d change | +12.90% | +0.30% |
| 24h high / low | $0.06266 / $0.05922 | $1.02 / $1.02 |
| All-time high | $1.42 | $1.11 |
| Market cap rank | #1068 | #240 |
What is the INIT to THBILL exchange rate?
At the current market price, 1 INIT ≈ 0.06117994 THBILL, and 1 THBILL ≈ 16.3452 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 $12.86M against Theo Short Duration US Treasury Fund's $117.80M, a gap of about 9.2×. On the overall leaderboard they sit at #1068 and #240 respectively. Day-on-day, INIT printed +4.88% and THBILL printed -0.06%, meaning the exchange rate between them has moved in INIT's favour. Zooming out to a week, INIT has moved +12.90% while THBILL has moved +0.30%. Liquidity is ample on both legs — INIT trades $2.38M a day and THBILL trades $9,477 — so conversions execute at market rates. INIT currently trades 95.6% below its all-time high, while THBILL sits 8.5% under its own peak.
INIT to THBILL converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
INIT / THBILL 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 Theo Short Duration US Treasury Fund
Initia (INIT) is the #1068 cryptocurrency by market cap, worth $12.86M in aggregate. Compared with its $1.42 all-time peak, it currently trades 95.6% lower. 206.70M INIT is circulating out of a hard cap of 1.00B INIT — about 21% of the eventual supply. INIT has moved +12.90% week-on-week and +23.20% over 30 days. Daily turnover comes to $2.38M.
Theo Short Duration US Treasury Fund (THBILL) is the #240 cryptocurrency by market cap, worth $117.80M in aggregate. It is trading 8.5% below its all-time high of $1.11. There are currently 115.84M THBILL in circulation. Recent performance reads +0.30% over 7 days and +0.20% over the past month for THBILL. Daily turnover comes to $9,477.
How to convert INIT to THBILL
- 1 Enter the amount of INIT you want to convert — the swap widget on this page is prefilled with the INIT → THBILL 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 THBILL 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 THBILL FAQ
What is the INIT to THBILL exchange rate?
At current prices one INIT converts to about 0.06117994 THBILL, and one THBILL to about 16.3452 INIT. The figure tracks the market in real time — the binding rate is the one quoted at execution.
How to swap, exchange or convert INIT to THBILL 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→THBILL path — non-custodial, straight from your wallet.
Is the INIT to THBILL swap instant?
If both assets live on the same chain the swap confirms within seconds. Cross-chain conversions add a few minutes of bridge confirmation time, with live status tracking throughout.
Are there fees to convert INIT to THBILL?
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 INIT for THBILL?
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.