Convert USDPon Ethereum to USDEon Ethereum
Swap Pax Dollar (USDP) on Ethereum to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your USDP → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
USDP to USDE market data
| Metric | USDP · Ethereum | USDE · Ethereum |
|---|---|---|
| Price | $0.9994 | $0.9985 |
| Market cap | $31.93M | $4.38B |
| 24h volume | $15.38M | $115.72M |
| 24h change | -0.01% | -0.02% |
| 7d change | -0.01% | +0.01% |
| 24h high / low | $0.9997 / $0.999 | $0.9988 / $0.9983 |
| All-time high | $1.18 | $1.03 |
| Market cap rank | #607 | #25 |
What is the USDP to USDE exchange rate?
At the current market price, 1 USDP ≈ 1.0008 USDE, and 1 USDE ≈ 0.99916046 USDP. 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 — $4.38B versus $31.93M for Pax Dollar. On the overall leaderboard they sit at #607 and #25 respectively. Over the past 24 hours USDP is -0.01% while USDE is -0.02%, so the USDP/USDE rate has held roughly steady. Zooming out to a week, USDP has moved -0.01% while USDE has moved +0.01%. Liquidity is ample on both legs — USDP trades $15.38M a day and USDE trades $115.72M — so conversions execute at market rates. Measured from record highs, USDP is down 15.6% and USDE is down 3.4%.
USDP to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
USDP / 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 Pax Dollar and Ethena USDe
Pax Dollar (USDP) ranks #607 by market capitalisation at $31.93M. The price sits 15.6% under the record high of $1.18. There are currently 31.95M USDP in circulation. USDP has moved -0.01% week-on-week and -0.02% over 30 days. Around $15.38M of USDP changes hands every 24 hours.
With a total market value of $4.38B, 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 +0.01%, and -0.09% across 30 days. Around $115.72M of USDE changes hands every 24 hours.
How to convert USDP to USDE
- 1 Enter the amount of USDP on Ethereum you want to convert — the swap widget on this page is prefilled with the USDP → 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 USDP
USDPEthereum → BTC
Bitcoin
USDPEthereum → ETH
Ethereum
USDPEthereum → USDTEthereum
Tether
USDPEthereum → BNB
BNB
USDPEthereum → USDCEthereum
USDC
USDPEthereum → XRP
XRP
USDPEthereum → SOL
Solana
USDPEthereum → TRX
TRON
USDPEthereum → FIGR_HELOC
Figure Heloc
USDPEthereum → HYPE
Hyperliquid
USDPEthereum → DOGE
Dogecoin
USDPEthereum → USDSEthereum
USDS
USDP to USDE FAQ
What is the USDP to USDE exchange rate?
Right now 1 USDP ≈ 1.0008 USDE (and 1 USDE ≈ 0.99916046 USDP). 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 USDP to USDE on SwitchFi?
Three steps: set the USDP amount, connect your wallet, then approve the best quoted USDP→USDE route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the USDP 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 USDP to USDE?
SwitchFi shows the network, DEX and bridge fees up front in the quote. You always see the minimum you'll receive before confirming — there are no hidden custody fees because you never give up control of your funds.
Do I need an account to exchange USDP 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.