Convert MTX to USDEon Ethereum
Swap Matrix (MTX) to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your MTX → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
MTX to USDE market data
| Metric | MTX | USDE · Ethereum |
|---|---|---|
| Price | $38.93 | $0.9994 |
| Market cap | $38.93M | $4.24B |
| 24h volume | $64,655 | $95.12M |
| 24h change | -0.85% | -0.00% |
| 7d change | +17.00% | +0.00% |
| 24h high / low | $39.57 / $38.75 | $0.9996 / $0.9992 |
| All-time high | $39.68 | $1.03 |
| Market cap rank | #534 | #24 |
What is the MTX to USDE exchange rate?
At the current market price, 1 MTX ≈ 38.9515 USDE, and 1 USDE ≈ 0.02567295 MTX. 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 Matrix is the junior asset: it is valued at $38.93M against Ethena USDe's $4.24B, a gap of about 109×. MTX holds rank #534 while USDE holds #24 by market capitalisation. Over the past 24 hours MTX is -0.85% while USDE is -0.00%, so the MTX/USDE rate has moved in USDE's favour. Zooming out to a week, MTX has moved +17.00% while USDE has moved +0.00%. With $64,655 and $95.12M in respective daily volume, neither side of a MTX→USDE swap struggles for depth. MTX currently trades 1.9% below its all-time high, while USDE sits 3.3% under its own peak.
MTX to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
MTX / 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 Matrix and Ethena USDe
Matrix (MTX) ranks #534 by market capitalisation at $38.93M. It is trading 1.9% below its all-time high of $39.68. Of a maximum supply of 1.00M MTX, 1.00M MTX (100%) is already in circulation. Around $64,655 of MTX changes hands every 24 hours.
With a total market value of $4.24B, Ethena USDe (USDE) sits at #24 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.24B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $95.12M of USDE changes hands every 24 hours.
How to convert MTX to USDE
- 1 Enter the amount of MTX you want to convert — the swap widget on this page is prefilled with the MTX → 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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MTX to USDE FAQ
What is the MTX to USDE exchange rate?
1 MTX is worth roughly 38.9515 USDE at the moment (inverted: 1 USDE ≈ 0.02567295 MTX). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert MTX to USDE on SwitchFi?
Three steps: set the MTX amount, connect your wallet, then approve the best quoted MTX→USDE route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the MTX 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 MTX 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 MTX 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.