Convert USDM1on Ethereum to USDEon Ethereum
Swap USDM1 (USDM1) on Ethereum to Ethena USDe (USDE) on Ethereum at the best cross-chain rate. SwitchFi routes your USDM1 → USDE exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
USDM1 to USDE market data
| Metric | USDM1 · Ethereum | USDE · Ethereum |
|---|---|---|
| Price | $1.02 | $0.9999 |
| Market cap | $1.04M | $4.35B |
| 24h volume | $6 | $67.49M |
| 24h change | +0.01% | +0.01% |
| 7d change | +0.00% | +0.00% |
| 24h high / low | $1.02 / $1.02 | $1.00 / $0.9997 |
| All-time high | $1.04 | $1.03 |
| Market cap rank | #2897 | #24 |
What is the USDM1 to USDE exchange rate?
At the current market price, 1 USDM1 ≈ 1.0171 USDE, and 1 USDE ≈ 0.98321337 USDM1. 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 — $4.35B versus $1.04M for USDM1. On the overall leaderboard they sit at #2897 and #24 respectively. Over the past 24 hours USDM1 is +0.01% while USDE is +0.01%, so the USDM1/USDE rate has held roughly steady. Zooming out to a week, USDM1 has moved +0.00% while USDE has moved +0.00%. Daily turnover runs at $6 for USDM1 and $67.49M for USDE, so routed swaps between the two settle at market rates without moving the price. USDM1 currently trades 2.5% below its all-time high, while USDE sits 3.3% under its own peak.
USDM1 to USDE converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
USDM1 / 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 USDM1 and Ethena USDe
USDM1 (USDM1) is the #2897 cryptocurrency by market cap, worth $1.04M in aggregate. It is trading 2.5% below its all-time high of $1.04. Circulating supply stands at 1.02M USDM1. USDM1 has moved +0.00% week-on-week and +0.70% over 30 days. Daily turnover comes to $6.
With a total market value of $4.35B, Ethena USDe (USDE) sits at #24 among all cryptocurrencies. The price sits 3.3% under the record high of $1.03. There are currently 4.35B USDE in circulation. Over the last 7 days USDE is +0.00%, and +0.00% across 30 days. Around $67.49M of USDE changes hands every 24 hours.
How to convert USDM1 to USDE
- 1 Enter the amount of USDM1 on Ethereum you want to convert — the swap widget on this page is prefilled with the USDM1 → 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
XRP → USDEEthereum
XRP
USDCEthereum → USDEEthereum
USDC
SOL → USDEEthereum
Solana
TRX → USDEEthereum
TRON
FIGR_HELOC → USDEEthereum
Figure Heloc
HYPE → USDEEthereum
Hyperliquid
ZEC → USDEEthereum
Zcash
DOGE → USDEEthereum
Dogecoin
Convert any other cryptocurrency from USDM1
USDM1Ethereum → BTC
Bitcoin
USDM1Ethereum → ETH
Ethereum
USDM1Ethereum → USDTEthereum
Tether
USDM1Ethereum → BNB
BNB
USDM1Ethereum → XRP
XRP
USDM1Ethereum → USDCEthereum
USDC
USDM1Ethereum → SOL
Solana
USDM1Ethereum → TRX
TRON
USDM1Ethereum → FIGR_HELOC
Figure Heloc
USDM1Ethereum → HYPE
Hyperliquid
USDM1Ethereum → ZEC
Zcash
USDM1Ethereum → DOGE
Dogecoin
USDM1 to USDE FAQ
What is the USDM1 to USDE exchange rate?
Right now 1 USDM1 ≈ 1.0171 USDE (and 1 USDE ≈ 0.98321337 USDM1). 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 USDM1 to USDE on SwitchFi?
Three steps: set the USDM1 amount, connect your wallet, then approve the best quoted USDM1→USDE route. Funds move wallet-to-wallet — SwitchFi never holds them.
Is the USDM1 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 USDM1 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 USDM1 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.