Convert THUSD to USDEon Ethereum
Swap Threshold USD (THUSD) to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your THUSD → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
THUSD to USDE market data
| Metric | THUSD | USDE · Ethereum |
|---|---|---|
| Price | $1.00 | $0.9998 |
| Market cap | $516,856 | $4.29B |
| 24h volume | $37 | $84.69M |
| 24h change | — | +0.05% |
| 7d change | +0.00% | +0.00% |
| 24h high / low | $0 / $0 | $1.00 / $0.9993 |
| All-time high | $1.75 | $1.03 |
| Market cap rank | #3449 | #23 |
What is the THUSD to USDE exchange rate?
At the current market price, 1 THUSD ≈ 1.0012 USDE, and 1 USDE ≈ 0.9988012 THUSD. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Threshold USD is the smaller side of this pair — Ethena USDe's market capitalisation of $4.29B is roughly 8294× larger than Threshold USD's $516,856. On the overall leaderboard they sit at #3449 and #23 respectively. Across the last 7 days the comparison reads +0.00% for THUSD versus +0.00% for USDE. Liquidity is ample on both legs — THUSD trades $37 a day and USDE trades $84.69M — so conversions execute at market rates. THUSD currently trades 42.8% below its all-time high, while USDE sits 3.3% under its own peak.
THUSD to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
THUSD / 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 Threshold USD and Ethena USDe
Threshold USD (THUSD) ranks #3449 by market capitalisation at $516,856. Compared with its $1.75 all-time peak, it currently trades 42.8% lower. Circulating supply stands at 516,430 THUSD. THUSD has moved +0.00% week-on-week and +0.20% over 30 days. Daily turnover comes to $37.
With a total market value of $4.29B, Ethena USDe (USDE) sits at #23 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.29B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $84.69M of USDE changes hands every 24 hours.
How to convert THUSD to USDE
- 1 Enter the amount of THUSD you want to convert — the swap widget on this page is prefilled with the THUSD → 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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THUSD to USDE FAQ
What is the THUSD to USDE exchange rate?
At current prices one THUSD converts to about 1.0012 USDE, and one USDE to about 0.9988012 THUSD. The figure tracks the market in real time — the binding rate is the one quoted at execution.
How to swap, exchange or convert THUSD to USDE on SwitchFi?
Enter the amount of THUSD you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best THUSD→USDE path — non-custodial, straight from your wallet.
Is the THUSD 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 THUSD 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 THUSD 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.