Spiko US T-Bills Money Market Fund Ethena

Convert USTBLon Arbitrum to ENAon Ethereum

1 USTBL ≈ 7.2964 ENA

Swap Spiko US T-Bills Money Market Fund (USTBL) on Arbitrum to Ethena (ENA) on Ethereum at the best cross-chain rate. SwitchFi routes your USTBL → ENA exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.

USTBL to ENA market data

Metric USTBL · Arbitrum ENA · Ethereum
Price $1.09 $0.1501
Market cap $171.82M $1.48B
24h volume $0 $486.52M
24h change +0.01% -4.54%
7d change +0.10% +7.70%
24h high / low $1.09 / $1.09 $0.1621 / $0.1475
All-time high $1.09 $1.52
Market cap rank #185 #55

What is the USTBL to ENA exchange rate?

At the current market price, 1 USTBL ≈ 7.2964 ENA, and 1 ENA ≈ 0.13705388 USTBL. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.

Spiko US T-Bills Money Market Fund is the smaller side of this pair — Ethena's market capitalisation of $1.48B is roughly 8.6× larger than Spiko US T-Bills Money Market Fund's $171.82M. USTBL holds rank #185 while ENA holds #55 by market capitalisation. Day-on-day, USTBL printed +0.01% and ENA printed -4.54%, meaning the exchange rate between them has moved in USTBL's favour. Across the last 7 days the comparison reads +0.10% for USTBL versus +7.70% for ENA.

USTBL to ENA converter & price calculator

Indicative, based on current market prices. Get a live quote in the swap.

USTBL / ENA conversion tables

USTBL to ENA
0.1 USTBL0.72964004 ENA
0.5 USTBL3.6482 ENA
1 USTBL7.2964 ENA
5 USTBL36.482 ENA
10 USTBL72.964 ENA
50 USTBL364.82 ENA
100 USTBL729.64 ENA
500 USTBL3648.2 ENA
1000 USTBL7296.4 ENA
ENA to USTBL
0.1 ENA0.01370539 USTBL
0.5 ENA0.06852694 USTBL
1 ENA0.13705388 USTBL
5 ENA0.68526941 USTBL
10 ENA1.3705 USTBL
50 ENA6.8527 USTBL
100 ENA13.7054 USTBL
500 ENA68.5269 USTBL
1000 ENA137.0539 USTBL
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About Spiko US T-Bills Money Market Fund and Ethena

Spiko US T-Bills Money Market Fund (USTBL) ranks #185 by market capitalisation at $171.82M. It is trading close to its all-time high of $1.09. There are currently 156.94M USTBL in circulation. Over the last 7 days USTBL is +0.10%, and +0.30% across 30 days.

Ethena (ENA) ranks #55 by market capitalisation at $1.48B. Compared with its $1.52 all-time peak, it currently trades 90.1% lower. Supply-wise, 66% of the 15.00B ENA maximum (9.83B ENA) is on the market today. ENA has moved +7.70% week-on-week and +60.80% over 30 days. Daily turnover comes to $486.52M.

How to convert USTBL to ENA

  1. 1 Enter the amount of USTBL on Arbitrum you want to convert — the swap widget on this page is prefilled with the USTBL → ENA pair.
  2. 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
  3. 3 Review the quoted route — the estimated and minimum amount of ENA on Ethereum you will receive, plus network, DEX and bridge fees, are all shown before you sign.
  4. 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.

USTBL to ENA FAQ

What is the USTBL to ENA exchange rate?

1 USTBL is worth roughly 7.2964 ENA at the moment (inverted: 1 ENA ≈ 0.13705388 USTBL). This moves with the market; your wallet shows the exact executable amount before signing.

How to swap, exchange or convert USTBL to ENA on SwitchFi?

Type in how much USTBL you're converting, connect a wallet, check the quoted USTBL→ENA route and confirm in the wallet. The router compares DEX and bridge paths and settles without ever taking custody.

Is the USTBL to ENA swap instant?

Speed depends on the route: same-chain trades are near-instant, while bridged cross-chain paths usually complete in a few minutes. Progress is trackable the whole way.

Are there fees to convert USTBL to ENA?

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 USTBL for ENA?

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.