Convert MUSD to USDEon Ethereum
Swap MetaMask USD (MUSD) to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your MUSD → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
MUSD to USDE market data
| Metric | MUSD | USDE · Ethereum |
|---|---|---|
| Price | $0.9998 | $0.9986 |
| Market cap | $33.15M | $4.39B |
| 24h volume | $5.70M | $118.92M |
| 24h change | -0.00% | -0.01% |
| 7d change | +0.01% | +0.00% |
| 24h high / low | $1.01 / $0.9997 | $0.9988 / $0.9983 |
| All-time high | $1.26 | $1.03 |
| Market cap rank | #586 | #25 |
What is the MUSD to USDE exchange rate?
At the current market price, 1 MUSD ≈ 1.0012 USDE, and 1 USDE ≈ 0.99877576 MUSD. 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 — $4.39B versus $33.15M for MetaMask USD. MUSD holds rank #586 while USDE holds #25 by market capitalisation. Day-on-day, MUSD printed -0.00% and USDE printed -0.01%, meaning the exchange rate between them has held roughly steady. Zooming out to a week, MUSD has moved +0.01% while USDE has moved +0.00%. Daily turnover runs at $5.70M for MUSD and $118.92M for USDE, so routed swaps between the two settle at market rates without moving the price. MUSD currently trades 20.7% below its all-time high, while USDE sits 3.4% under its own peak.
MUSD to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
MUSD / 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 MetaMask USD and Ethena USDe
With a total market value of $33.15M, MetaMask USD (MUSD) sits at #586 among all cryptocurrencies. Compared with its $1.26 all-time peak, it currently trades 20.7% lower. Circulating supply stands at 33.16M MUSD. Recent performance reads +0.01% over 7 days and +0.00% over the past month for MUSD. Around $5.70M of MUSD changes hands every 24 hours.
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 4.40B USDE in circulation. Over the last 7 days USDE is +0.00%, and -0.08% across 30 days. Around $118.92M of USDE changes hands every 24 hours.
How to convert MUSD to USDE
- 1 Enter the amount of MUSD you want to convert — the swap widget on this page is prefilled with the MUSD → 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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MUSD to USDE FAQ
What is the MUSD to USDE exchange rate?
At current prices one MUSD converts to about 1.0012 USDE, and one USDE to about 0.99877576 MUSD. The figure tracks the market in real time — the binding rate is the one quoted at execution.
How to swap, exchange or convert MUSD to USDE on SwitchFi?
Type in how much MUSD you're converting, connect a wallet, check the quoted MUSD→USDE route and confirm in the wallet. The router compares DEX and bridge paths and settles without ever taking custody.
Is the MUSD 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 MUSD to USDE?
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 MUSD 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.