Convert PHB to USDEon Ethereum
Swap Phoenix (PHB) to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your PHB → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
PHB to USDE market data
| Metric | PHB | USDE · Ethereum |
|---|---|---|
| Price | $0.004339 | $0.9996 |
| Market cap | $286,201 | $4.24B |
| 24h volume | $1,691 | $104.58M |
| 24h change | +44.68% | +0.01% |
| 7d change | -2.30% | +0.00% |
| 24h high / low | $0.005196 / $0.002999 | $0.9996 / $0.9992 |
| All-time high | $3.98 | $1.03 |
| Market cap rank | #4052 | #24 |
What is the PHB to USDE exchange rate?
At the current market price, 1 PHB ≈ 0.0043405 USDE, and 1 USDE ≈ 230.388 PHB. 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 Phoenix is the junior asset: it is valued at $286,201 against Ethena USDe's $4.24B, a gap of about 14817×. PHB holds rank #4052 while USDE holds #24 by market capitalisation. The last 24 hours put PHB at +44.68% against +0.01% for USDE — the PHB/USDE rate has moved in PHB's favour. On a 7-day view the tape shows PHB -2.30% and USDE +0.00%. Daily turnover runs at $1,691 for PHB and $104.58M for USDE, so routed swaps between the two settle at market rates without moving the price. Measured from record highs, PHB is down 99.9% and USDE is down 3.3%.
PHB to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
PHB / 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 Phoenix and Ethena USDe
Phoenix (PHB) ranks #4052 by market capitalisation at $286,201. It is trading 99.9% below its all-time high of $3.98. Of a maximum supply of 76.00M PHB, 65.97M PHB (87%) is already in circulation. Recent performance reads -2.30% over 7 days and +31.50% over the past month for PHB. Around $1,691 of PHB changes hands every 24 hours.
With a total market value of $4.24B, Ethena USDe (USDE) sits at #24 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.24B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $104.58M of USDE changes hands every 24 hours.
How to convert PHB to USDE
- 1 Enter the amount of PHB you want to convert — the swap widget on this page is prefilled with the PHB → 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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PHB to USDE FAQ
What is the PHB to USDE exchange rate?
At current prices one PHB converts to about 0.0043405 USDE, and one USDE to about 230.388 PHB. The figure tracks the market in real time — the binding rate is the one quoted at execution.
How to swap, exchange or convert PHB to USDE on SwitchFi?
Type in how much PHB you're converting, connect a wallet, check the quoted PHB→USDE route and confirm in the wallet. The router compares DEX and bridge paths and settles without ever taking custody.
Is the PHB 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 PHB 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 PHB 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.