Spiko US T-Bills Money Market Fund Ethena USDe

Convert USTBLon Arbitrum to USDEon Ethereum

1 USTBL ≈ 1.0895 USDE

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

USTBL to USDE market data

Metric USTBL · Arbitrum USDE · Ethereum
Price $1.09 $0.9995
Market cap $168.38M $4.04B
24h volume $50 $435.31M
24h change +0.01% -0.01%
7d change +0.08% +0.10%
24h high / low $1.09 / $1.09 $0.9998 / $0.9995
All-time high $1.09 $1.03
Market cap rank #187 #26

What is the USTBL to USDE exchange rate?

At the current market price, 1 USTBL ≈ 1.0895 USDE, and 1 USDE ≈ 0.91784665 USTBL. 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 Spiko US T-Bills Money Market Fund is the junior asset: it is valued at $168.38M against Ethena USDe's $4.04B, a gap of about 24×. USTBL holds rank #187 while USDE holds #26 by market capitalisation. The last 24 hours put USTBL at +0.01% against -0.01% for USDE — the USTBL/USDE rate has held roughly steady. On a 7-day view the tape shows USTBL +0.08% and USDE +0.10%. Daily turnover runs at $50 for USTBL and $435.31M for USDE, so routed swaps between the two settle at market rates without moving the price.

USTBL to USDE converter & price calculator

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

USTBL / USDE conversion tables

USTBL to USDE
0.1 USTBL0.10895066 USDE
0.5 USTBL0.54475331 USDE
1 USTBL1.0895 USDE
5 USTBL5.4475 USDE
10 USTBL10.8951 USDE
50 USTBL54.4753 USDE
100 USTBL108.9507 USDE
500 USTBL544.7533 USDE
1000 USTBL1089.51 USDE
USDE to USTBL
0.1 USDE0.09178466 USTBL
0.5 USDE0.45892332 USTBL
1 USDE0.91784665 USTBL
5 USDE4.5892 USTBL
10 USDE9.1785 USTBL
50 USDE45.8923 USTBL
100 USDE91.7847 USTBL
500 USDE458.9233 USTBL
1000 USDE917.8466 USTBL
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About Spiko US T-Bills Money Market Fund and Ethena USDe

Spiko US T-Bills Money Market Fund (USTBL) ranks #187 by market capitalisation at $168.38M. It is trading close to its all-time high of $1.09. There are currently 154.60M USTBL in circulation. Over the last 7 days USTBL is +0.08%, and +0.28% across 30 days. Around $50 of USTBL changes hands every 24 hours.

With a total market value of $4.04B, Ethena USDe (USDE) sits at #26 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.04B USDE in circulation. Over the last 7 days USDE is +0.10%, and +0.05% across 30 days. Around $435.31M of USDE changes hands every 24 hours.

How to convert USTBL to USDE

  1. 1 Enter the amount of USTBL on Arbitrum you want to convert — the swap widget on this page is prefilled with the USTBL → USDE 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 USDE 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 USDE FAQ

What is the USTBL to USDE exchange rate?

At current prices one USTBL converts to about 1.0895 USDE, and one USDE to about 0.91784665 USTBL. The figure tracks the market in real time — the binding rate is the one quoted at execution.

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

Enter the amount of USTBL you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best USTBL→USDE path — non-custodial, straight from your wallet.

Is the USTBL to USDE 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 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 USTBL 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.