Convert PHA to USDEon Ethereum
Swap PHALA (PHA) to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your PHA → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
PHA to USDE market data
| Metric | PHA | USDE · Ethereum |
|---|---|---|
| Price | $0.02451 | $0.9994 |
| Market cap | $20.60M | $4.25B |
| 24h volume | $6.39M | $85.84M |
| 24h change | -0.30% | -0.01% |
| 7d change | -6.80% | +0.00% |
| 24h high / low | $0.02475 / $0.02414 | $0.9996 / $0.9992 |
| All-time high | $1.39 | $1.03 |
| Market cap rank | #810 | #23 |
What is the PHA to USDE exchange rate?
At the current market price, 1 PHA ≈ 0.02452081 USDE, and 1 USDE ≈ 40.7817 PHA. 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 PHALA is the junior asset: it is valued at $20.60M against Ethena USDe's $4.25B, a gap of about 206×. PHA holds rank #810 while USDE holds #23 by market capitalisation. Over the past 24 hours PHA is -0.30% while USDE is -0.01%, so the PHA/USDE rate has moved in USDE's favour. On a 7-day view the tape shows PHA -6.80% and USDE +0.00%. With $6.39M and $85.84M in respective daily volume, neither side of a PHA→USDE swap struggles for depth. Measured from record highs, PHA is down 98.2% and USDE is down 3.4%.
PHA to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
PHA / 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 PHALA and Ethena USDe
With a total market value of $20.60M, PHALA (PHA) sits at #810 among all cryptocurrencies. The price sits 98.2% under the record high of $1.39. Supply-wise, 84% of the 1.00B PHA maximum (840.50M PHA) is on the market today. Recent performance reads -6.80% over 7 days and +20.00% over the past month for PHA. Around $6.39M of PHA changes hands every 24 hours.
With a total market value of $4.25B, Ethena USDe (USDE) sits at #23 among all cryptocurrencies. The price sits 3.4% under the record high of $1.03. There are currently 4.25B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $85.84M of USDE changes hands every 24 hours.
How to convert PHA to USDE
- 1 Enter the amount of PHA you want to convert — the swap widget on this page is prefilled with the PHA → 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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PHA to USDE FAQ
What is the PHA to USDE exchange rate?
Right now 1 PHA ≈ 0.02452081 USDE (and 1 USDE ≈ 40.7817 PHA). 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 PHA to USDE on SwitchFi?
Three steps: set the PHA amount, connect your wallet, then approve the best quoted PHA→USDE route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the PHA 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 PHA 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 PHA 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.