Coins / MasterDEX / MDEX → USDE
MasterDEX Ethena USDe

Convert MDEXon Base to USDEon Ethereum

1 MDEX ≈ 0.00117378 USDE

Swap MasterDEX (MDEX) on Base to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your MDEX → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.

MDEX to USDE market data

Metric MDEX · Base USDE · Ethereum
Price $0.001174 $0.9998
Market cap $345,752 $4.27B
24h volume $12 $86.36M
24h change +0.03%
7d change +17.00% +0.00%
24h high / low $0 / $0 $1.00 / $0.9993
All-time high $0.06222 $1.03
Market cap rank #3627 #24

What is the MDEX to USDE exchange rate?

At the current market price, 1 MDEX ≈ 0.00117378 USDE, and 1 USDE ≈ 851.9493 MDEX. 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 — $4.27B versus $345,752 for MasterDEX. On the overall leaderboard they sit at #3627 and #24 respectively. On a 7-day view the tape shows MDEX +17.00% and USDE +0.00%. Daily turnover runs at $12 for MDEX and $86.36M for USDE, so routed swaps between the two settle at market rates without moving the price. Measured from record highs, MDEX is down 98.1% and USDE is down 3.3%.

MDEX to USDE converter & price calculator

Indicative, based on current market prices. Get a live quote in the swap.

MDEX / USDE conversion tables

MDEX to USDE
0.1 MDEX0.00011738 USDE
0.5 MDEX0.00058689 USDE
1 MDEX0.00117378 USDE
5 MDEX0.00586889 USDE
10 MDEX0.01173779 USDE
50 MDEX0.05868894 USDE
100 MDEX0.11737788 USDE
500 MDEX0.5868894 USDE
1000 MDEX1.1738 USDE
USDE to MDEX
0.1 USDE85.1949 MDEX
0.5 USDE425.9746 MDEX
1 USDE851.9493 MDEX
5 USDE4259.75 MDEX
10 USDE8519.49 MDEX
50 USDE42597.46 MDEX
100 USDE85194.93 MDEX
500 USDE425974.64 MDEX
1000 USDE851949.28 MDEX
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About MasterDEX and Ethena USDe

MasterDEX (MDEX) ranks #3627 by market capitalisation at $345,752. The price sits 98.1% under the record high of $0.06222. Of a maximum supply of 300.00M MDEX, 294.63M MDEX (98%) is already in circulation. Over the last 7 days MDEX is +17.00%, and +100.20% across 30 days. Its 24-hour trading volume is $12.

With a total market value of $4.27B, Ethena USDe (USDE) sits at #24 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.27B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $86.36M of USDE changes hands every 24 hours.

How to convert MDEX to USDE

  1. 1 Enter the amount of MDEX on Base you want to convert — the swap widget on this page is prefilled with the MDEX → USDE pair.
  2. 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
  3. 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. 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.

MDEX to USDE FAQ

What is the MDEX to USDE exchange rate?

Right now 1 MDEX ≈ 0.00117378 USDE (and 1 USDE ≈ 851.9493 MDEX). 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 MDEX to USDE on SwitchFi?

Three steps: set the MDEX amount, connect your wallet, then approve the best quoted MDEX→USDE route. Funds move wallet-to-wallet — SwitchFi never holds them.

Is the MDEX to USDE 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 MDEX 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 MDEX 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.