Convert USTBon Ethereum to USDEon Ethereum
Swap Invesco Short Duration US Government Securities Fund (USTB) on Ethereum to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your USTB → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
USTB to USDE market data
| Metric | USTB · Ethereum | USDE · Ethereum |
|---|---|---|
| Price | $11.14 | $0.9996 |
| Market cap | $836.03M | $4.12B |
| 24h volume | $0 | $428.53M |
| 24h change | +0.01% | +0.06% |
| 7d change | +0.07% | +0.12% |
| 24h high / low | $11.14 / $11.14 | $0.9997 / $0.999 |
| All-time high | $11.14 | $1.03 |
| Market cap rank | #74 | #26 |
What is the USTB to USDE exchange rate?
At the current market price, 1 USTB ≈ 11.1449 USDE, and 1 USDE ≈ 0.08972711 USTB. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Ethena USDe carries the larger market value of the two — $4.12B versus $836.03M for Invesco Short Duration US Government Securities Fund. USTB holds rank #74 while USDE holds #26 by market capitalisation. Over the past 24 hours USTB is +0.01% while USDE is +0.06%, so the USTB/USDE rate has held roughly steady. On a 7-day view the tape shows USTB +0.07% and USDE +0.12%.
USTB to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
USTB / 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 Invesco Short Duration US Government Securities Fund and Ethena USDe
Invesco Short Duration US Government Securities Fund (USTB) ranks #74 by market capitalisation at $836.03M. It is trading close to its all-time high of $11.14. There are currently 75.05M USTB in circulation. Recent performance reads +0.07% over 7 days and +0.28% over the past month for USTB.
With a total market value of $4.12B, Ethena USDe (USDE) sits at #26 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.12B USDE in circulation. Over the last 7 days USDE is +0.12%, and +0.03% across 30 days. Around $428.53M of USDE changes hands every 24 hours.
How to convert USTB to USDE
- 1 Enter the amount of USTB on Ethereum you want to convert — the swap widget on this page is prefilled with the USTB → 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.
Other options to exchange USDE
BTC → USDEEthereum
Bitcoin
ETH → USDEEthereum
Ethereum
USDTEthereum → USDEEthereum
Tether
BNB → USDEEthereum
BNB
USDCEthereum → USDEEthereum
USDC
XRP → USDEEthereum
XRP
SOL → USDEEthereum
Solana
TRX → USDEEthereum
TRON
FIGR_HELOC → USDEEthereum
Figure Heloc
HYPE → USDEEthereum
Hyperliquid
DOGE → USDEEthereum
Dogecoin
USDSEthereum → USDEEthereum
USDS
Convert any other cryptocurrency from USTB
USTBEthereum → BTC
Bitcoin
USTBEthereum → ETH
Ethereum
USTBEthereum → USDTEthereum
Tether
USTBEthereum → BNB
BNB
USTBEthereum → USDCEthereum
USDC
USTBEthereum → XRP
XRP
USTBEthereum → SOL
Solana
USTBEthereum → TRX
TRON
USTBEthereum → FIGR_HELOC
Figure Heloc
USTBEthereum → HYPE
Hyperliquid
USTBEthereum → DOGE
Dogecoin
USTBEthereum → USDSEthereum
USDS
USTB to USDE FAQ
What is the USTB to USDE exchange rate?
Right now 1 USTB ≈ 11.1449 USDE (and 1 USDE ≈ 0.08972711 USTB). 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 USTB to USDE on SwitchFi?
Three steps: set the USTB amount, connect your wallet, then approve the best quoted USTB→USDE route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the USTB 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 USTB 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 USTB 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.