Convert MDEXon Ethereum to USDEon Ethereum
Swap MasterDEX (MDEX) on Ethereum 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 · Ethereum | USDE · Ethereum |
|---|---|---|
| Price | $0.001174 | $0.9997 |
| Market cap | $345,752 | $4.28B |
| 24h volume | $12 | $87.98M |
| 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 ≈ 0.00117385 USDE, and 1 USDE ≈ 851.8956 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 — $4.28B 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 $87.98M 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
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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 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 $4.28B, Ethena USDe (USDE) sits at #24 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.28B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $87.98M of USDE changes hands every 24 hours.
How to convert MDEX to USDE
- 1 Enter the amount of MDEX on Ethereum you want to convert — the swap widget on this page is prefilled with the MDEX → 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.
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Convert any other cryptocurrency from MDEX
MDEXEthereum → BTC
Bitcoin
MDEXEthereum → ETH
Ethereum
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Tether
MDEXEthereum → BNB
BNB
MDEXEthereum → XRP
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MDEXEthereum → USDCEthereum
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MDEX to USDE FAQ
What is the MDEX to USDE exchange rate?
Right now 1 MDEX ≈ 0.00117385 USDE (and 1 USDE ≈ 851.8956 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.