Convert PSPon Ethereum to USDEon Ethereum
Swap ParaSwap (PSP) on Ethereum to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your PSP → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
PSP to USDE market data
| Metric | PSP · Ethereum | USDE · Ethereum |
|---|---|---|
| Price | $0.001012 | $0.9986 |
| Market cap | $1.10M | $4.39B |
| 24h volume | $15 | $118.11M |
| 24h change | -3.40% | -0.00% |
| 7d change | +7.85% | +0.00% |
| 24h high / low | $0.001049 / $0.001011 | $0.9988 / $0.9983 |
| All-time high | $2.10 | $1.03 |
| Market cap rank | #2764 | #25 |
What is the PSP to USDE exchange rate?
At the current market price, 1 PSP ≈ 0.00101335 USDE, and 1 USDE ≈ 986.8275 PSP. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
ParaSwap is the smaller side of this pair — Ethena USDe's market capitalisation of $4.39B is roughly 3982× larger than ParaSwap's $1.10M. PSP holds rank #2764 while USDE holds #25 by market capitalisation. The last 24 hours put PSP at -3.40% against -0.00% for USDE — the PSP/USDE rate has moved in USDE's favour. Zooming out to a week, PSP has moved +7.85% while USDE has moved +0.00%. Liquidity is ample on both legs — PSP trades $15 a day and USDE trades $118.11M — so conversions execute at market rates. Measured from record highs, PSP is down 100.0% and USDE is down 3.4%.
PSP to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
PSP / 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 ParaSwap and Ethena USDe
With a total market value of $1.10M, ParaSwap (PSP) sits at #2764 among all cryptocurrencies. The price sits 100.0% under the record high of $2.10. 1.09B PSP is circulating out of a hard cap of 2.00B PSP — about 54% of the eventual supply. Recent performance reads +7.85% over 7 days and -5.31% over the past month for PSP. Its 24-hour trading volume is $15.
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 $118.11M of USDE changes hands every 24 hours.
How to convert PSP to USDE
- 1 Enter the amount of PSP on Ethereum you want to convert — the swap widget on this page is prefilled with the PSP → 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
Convert any other cryptocurrency from PSP
PSP to USDE FAQ
What is the PSP to USDE exchange rate?
1 PSP is worth roughly 0.00101335 USDE at the moment (inverted: 1 USDE ≈ 986.8275 PSP). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert PSP to USDE on SwitchFi?
Enter the amount of PSP you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best PSP→USDE path — non-custodial, straight from your wallet.
Is the PSP 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 PSP 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 PSP 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.