Convert MUSDon Ethereum to USDEon Ethereum
Swap Mezo USD (MUSD) on Ethereum 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 · Ethereum | USDE · Ethereum |
|---|---|---|
| Price | $0.9912 | $0.9986 |
| Market cap | $27.71M | $4.39B |
| 24h volume | $176,496 | $115.36M |
| 24h change | -0.18% | -0.01% |
| 7d change | -0.20% | +0.02% |
| 24h high / low | $0.9955 / $0.9912 | $0.9988 / $0.9983 |
| All-time high | $1.10 | $1.03 |
| Market cap rank | #669 | #25 |
What is the MUSD to USDE exchange rate?
At the current market price, 1 MUSD ≈ 0.99251686 USDE, and 1 USDE ≈ 1.0075 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 $27.71M for Mezo USD. On the overall leaderboard they sit at #669 and #25 respectively. The last 24 hours put MUSD at -0.18% against -0.01% for USDE — the MUSD/USDE rate has moved in USDE's favour. Zooming out to a week, MUSD has moved -0.20% while USDE has moved +0.02%. Daily turnover runs at $176,496 for MUSD and $115.36M for USDE, so routed swaps between the two settle at market rates without moving the price. MUSD currently trades 10.1% 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 Mezo USD and Ethena USDe
Mezo USD (MUSD) is the #669 cryptocurrency by market cap, worth $27.71M in aggregate. It is trading 10.1% below its all-time high of $1.10. Circulating supply stands at 27.95M MUSD. MUSD has moved -0.20% week-on-week and -1.31% over 30 days. Around $176,496 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 4.39B USDE in circulation. Over the last 7 days USDE is +0.02%, and -0.08% across 30 days. Around $115.36M of USDE changes hands every 24 hours.
How to convert MUSD to USDE
- 1 Enter the amount of MUSD on Ethereum 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.
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 MUSD
MUSDEthereum → BTC
Bitcoin
MUSDEthereum → ETH
Ethereum
MUSDEthereum → USDTEthereum
Tether
MUSDEthereum → BNB
BNB
MUSDEthereum → USDCEthereum
USDC
MUSDEthereum → XRP
XRP
MUSDEthereum → SOL
Solana
MUSDEthereum → TRX
TRON
MUSDEthereum → FIGR_HELOC
Figure Heloc
MUSDEthereum → HYPE
Hyperliquid
MUSDEthereum → DOGE
Dogecoin
MUSDEthereum → USDSEthereum
USDS
MUSD to USDE FAQ
What is the MUSD to USDE exchange rate?
At current prices one MUSD converts to about 0.99251686 USDE, and one USDE to about 1.0075 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?
Enter the amount of MUSD you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best MUSD→USDE path — non-custodial, straight from your wallet.
Is the MUSD to USDE swap instant?
Same-chain swaps settle in seconds; cross-chain routes typically take a few minutes while the bridge confirms on both sides. You can track live status until the funds land.
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.