Convert MERCon Ethereum to USDEon Ethereum
Swap Liquid Mercury (MERC) on Ethereum to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your MERC → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
MERC to USDE market data
| Metric | MERC · Ethereum | USDE · Ethereum |
|---|---|---|
| Price | $0.007538 | $0.9986 |
| Market cap | $24.66M | $4.39B |
| 24h volume | $17,626 | $118.35M |
| 24h change | -0.75% | -0.01% |
| 7d change | +10.23% | +0.02% |
| 24h high / low | $0.007883 / $0.007511 | $0.9988 / $0.9983 |
| All-time high | $1.00 | $1.03 |
| Market cap rank | #719 | #25 |
What is the MERC to USDE exchange rate?
At the current market price, 1 MERC ≈ 0.00754797 USDE, and 1 USDE ≈ 132.4859 MERC. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Liquid Mercury is the smaller side of this pair — Ethena USDe's market capitalisation of $4.39B is roughly 178× larger than Liquid Mercury's $24.66M. On the overall leaderboard they sit at #719 and #25 respectively. Over the past 24 hours MERC is -0.75% while USDE is -0.01%, so the MERC/USDE rate has moved in USDE's favour. On a 7-day view the tape shows MERC +10.23% and USDE +0.02%. Daily turnover runs at $17,626 for MERC and $118.35M for USDE, so routed swaps between the two settle at market rates without moving the price. MERC currently trades 99.2% below its all-time high, while USDE sits 3.4% under its own peak.
MERC to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
MERC / 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 Liquid Mercury and Ethena USDe
Liquid Mercury (MERC) ranks #719 by market capitalisation at $24.66M. The price sits 99.2% under the record high of $1.00. Of a maximum supply of 6.00B MERC, 3.27B MERC (55%) is already in circulation. MERC has moved +10.23% week-on-week and +287.63% over 30 days. Its 24-hour trading volume is $17,626.
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 $118.35M of USDE changes hands every 24 hours.
How to convert MERC to USDE
- 1 Enter the amount of MERC on Ethereum you want to convert — the swap widget on this page is prefilled with the MERC → 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 MERC
MERCEthereum → BTC
Bitcoin
MERCEthereum → ETH
Ethereum
MERCEthereum → USDTEthereum
Tether
MERCEthereum → BNB
BNB
MERCEthereum → USDCEthereum
USDC
MERCEthereum → XRP
XRP
MERCEthereum → SOL
Solana
MERCEthereum → TRX
TRON
MERCEthereum → FIGR_HELOC
Figure Heloc
MERCEthereum → HYPE
Hyperliquid
MERCEthereum → DOGE
Dogecoin
MERCEthereum → USDSEthereum
USDS
MERC to USDE FAQ
What is the MERC to USDE exchange rate?
Right now 1 MERC ≈ 0.00754797 USDE (and 1 USDE ≈ 132.4859 MERC). 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 MERC to USDE on SwitchFi?
Type in how much MERC you're converting, connect a wallet, check the quoted MERC→USDE route and confirm in the wallet. The router compares DEX and bridge paths and settles without ever taking custody.
Is the MERC 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 MERC to USDE?
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 MERC 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.