Convert R1 to USDEon Ethereum
Swap Ratio1 (R1) to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your R1 → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
R1 to USDE market data
| Metric | R1 | USDE · Ethereum |
|---|---|---|
| Price | $0.3796 | $0.9999 |
| Market cap | $420,198 | $4.27B |
| 24h volume | $21 | $79.24M |
| 24h change | — | +0.04% |
| 7d change | -0.60% | +0.00% |
| 24h high / low | $0.3818 / $0.3795 | $1.00 / $0.9993 |
| All-time high | $9.04 | $1.03 |
| Market cap rank | #3739 | #24 |
What is the R1 to USDE exchange rate?
At the current market price, 1 R1 ≈ 0.37960661 USDE, and 1 USDE ≈ 2.6343 R1. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Ratio1 is the smaller side of this pair — Ethena USDe's market capitalisation of $4.27B is roughly 10152× larger than Ratio1's $420,198. R1 holds rank #3739 while USDE holds #24 by market capitalisation. Across the last 7 days the comparison reads -0.60% for R1 versus +0.00% for USDE. Daily turnover runs at $21 for R1 and $79.24M for USDE, so routed swaps between the two settle at market rates without moving the price. R1 currently trades 95.8% below its all-time high, while USDE sits 3.3% under its own peak.
R1 to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
R1 / 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 Ratio1 and Ethena USDe
Ratio1 (R1) is the #3739 cryptocurrency by market cap, worth $420,198 in aggregate. Compared with its $9.04 all-time peak, it currently trades 95.8% lower. Supply-wise, 1% of the 161.80M R1 maximum (1.11M R1) is on the market today. Over the last 7 days R1 is -0.60%, and -3.90% across 30 days. Daily turnover comes to $21.
With a total market value of $4.27B, Ethena USDe (USDE) sits at #24 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.27B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $79.24M of USDE changes hands every 24 hours.
How to convert R1 to USDE
- 1 Enter the amount of R1 you want to convert — the swap widget on this page is prefilled with the R1 → 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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R1 to USDE FAQ
What is the R1 to USDE exchange rate?
Right now 1 R1 ≈ 0.37960661 USDE (and 1 USDE ≈ 2.6343 R1). 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 R1 to USDE on SwitchFi?
Three steps: set the R1 amount, connect your wallet, then approve the best quoted R1→USDE route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the R1 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 R1 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 R1 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.