Convert THBILLon Base to ENAon Ethereum
Swap Theo Short Duration US Treasury Fund (THBILL) on Base to Ethena (ENA) on Ethereum at the best cross-chain rate. SwitchFi routes your THBILL → ENA exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
THBILL to ENA market data
| Metric | THBILL · Base | ENA · Ethereum |
|---|---|---|
| Price | $1.01 | $0.07893 |
| Market cap | $117.50M | $754.64M |
| 24h volume | $7,682 | $93.55M |
| 24h change | -0.10% | +5.97% |
| 7d change | -0.27% | +3.21% |
| 24h high / low | $1.02 / $1.01 | $0.07919 / $0.07448 |
| All-time high | $1.11 | $1.52 |
| Market cap rank | #238 | #84 |
What is the THBILL to ENA exchange rate?
At the current market price, 1 THBILL ≈ 12.8475 ENA, and 1 ENA ≈ 0.07783629 THBILL. 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 Theo Short Duration US Treasury Fund is the junior asset: it is valued at $117.50M against Ethena's $754.64M, a gap of about 6.4×. THBILL holds rank #238 while ENA holds #84 by market capitalisation. Day-on-day, THBILL printed -0.10% and ENA printed +5.97%, meaning the exchange rate between them has moved in ENA's favour. Zooming out to a week, THBILL has moved -0.27% while ENA has moved +3.21%. Daily turnover runs at $7,682 for THBILL and $93.55M for ENA, so routed swaps between the two settle at market rates without moving the price. Measured from record highs, THBILL is down 8.7% and ENA is down 94.8%.
THBILL to ENA converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
THBILL / ENA conversion tables
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Live quote, net of DEX/bridge/gas fees. The final amount is confirmed in your wallet at execution.
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About Theo Short Duration US Treasury Fund and Ethena
Theo Short Duration US Treasury Fund (THBILL) is the #238 cryptocurrency by market cap, worth $117.50M in aggregate. It is trading 8.7% below its all-time high of $1.11. There are currently 115.84M THBILL in circulation. Recent performance reads -0.27% over 7 days and -0.99% over the past month for THBILL. Daily turnover comes to $7,682.
Ethena (ENA) ranks #84 by market capitalisation at $754.64M. Compared with its $1.52 all-time peak, it currently trades 94.8% lower. Supply-wise, 64% of the 15.00B ENA maximum (9.56B ENA) is on the market today. ENA has moved +3.21% week-on-week and -0.59% over 30 days. Daily turnover comes to $93.55M.
How to convert THBILL to ENA
- 1 Enter the amount of THBILL on Base you want to convert — the swap widget on this page is prefilled with the THBILL → ENA 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 ENA 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 ENA
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USDCEthereum → ENAEthereum
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Figure Heloc
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Convert any other cryptocurrency from THBILL
THBILLBase → BTC
Bitcoin
THBILLBase → ETH
Ethereum
THBILLBase → USDTEthereum
Tether
THBILLBase → BNB
BNB
THBILLBase → USDCEthereum
USDC
THBILLBase → XRP
XRP
THBILLBase → SOL
Solana
THBILLBase → TRX
TRON
THBILLBase → FIGR_HELOC
Figure Heloc
THBILLBase → HYPE
Hyperliquid
THBILLBase → DOGE
Dogecoin
THBILLBase → USDSEthereum
USDS
THBILL to ENA FAQ
What is the THBILL to ENA exchange rate?
1 THBILL is worth roughly 12.8475 ENA at the moment (inverted: 1 ENA ≈ 0.07783629 THBILL). This moves with the market; your wallet shows the exact executable amount before signing.
How to swap, exchange or convert THBILL to ENA on SwitchFi?
Enter the amount of THBILL you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best THBILL→ENA path — non-custodial, straight from your wallet.
Is the THBILL 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 THBILL to ENA?
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 THBILL 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.