Swap Ethena (ENA) for Tether (USDT ERC20)
The calculator does the maths at the live rate, the page lists the limits and the timing. Your rate is locked the moment the order is created.
Rate as of Sep 17, 2026 00:53
- Orders from
- 1,375.52 ENA ≈ $200.65
- Payout network
- Ethereum (ERC20)
- 24 hours
- +5.65%
The figure is indicative; the exact amount is locked in the order.
The direction runs at 0.14701 USDT ERC20 per ENA, or 6.8023 ENA per USDT ERC20. Market over 24 hours: ENA against USDT ERC20 plus 5.65%. The week added minus 4.81%.
The weekly corridor ran from 0.136772 to 0.153903 USDT ERC20, a spread of 12.52%. A single order takes 1,375.52 to 68,600,000 ENA. In dollars that is roughly $200.65.
The payout leaves in the Ethereum (ERC20) network, so the receiving address has to belong to that network. By market cap Ethena sits 56th ($1.47 B) and Tether 3th ($183.33 B).
Who takes the ENA → USDT ERC20 route
- Sitting out the swingsUSDT tracks the dollar: after the swap the value of your funds stops following ENA.
- A road both waysThe USDT ERC20 → ENA direction is open too, so going back into ENA takes the same route.
ENA → USDT ERC20 rate and amounts
Send ENA — receive USDT ERC20
| ENA | USDT ERC20 |
|---|---|
| 2,000 | 294.0201 |
| 5,000 | 735.0501 |
| 20,000 | 2,940.2 |
| 50,000 | 7,350.5 |
| 200,000 | 29,402.01 |
| 500,000 | 73,505.01 |
Need USDT ERC20 — send this much ENA
| USDT ERC20 | ENA |
|---|---|
| 500 | 3,401.13 |
| 1,000 | 6,802.26 |
| 5,000 | 34,011.29 |
| 10,000 | 68,022.57 |
| 50,000 | 340,112.86 |
| 100,000 | 680,225.72 |
Payout network for USDT
The same USDT goes out in several networks. Rates and lower limits differ, and the fee is charged by the network itself.
| Network | Per ENA | From | Network fee | Speed |
|---|---|---|---|---|
| OMNI | 0.14701 | — | — | — |
| Ethereum (ERC20) open now | 0.14701 | 1,375.52 ENA | ≈ $0.011 | medium |
| TRON (TRC20) | 0.14701 | 1,375.52 ENA | ≈ $2.3 | fast |
| BNB Smart Chain (BEP20) | 0.14701 | 1,375.52 ENA | ≈ $0.0023 | fast |
| Solana | 0.14701 | 1,375.52 ENA | ≈ $0.00049 | fast |
| Polygon | 0.14701 | 1,375.52 ENA | ≈ $0.0017 | fast |
| Arbitrum One | 0.14701 | 1,375.52 ENA | ≈ $0.0032 | fast |
| TON | 0.14701 | 1,375.52 ENA | low | fast |
| Avalanche C-Chain | 0.14701 | — | ≈ < $0.0001 | fast |
| NEAR | 0.14701 | — | — | — |
| Optimism | 0.14701 | — | ≈ $0.00016 | fast |
How the ENA → USDT ERC20 order runs
- Work out the amount in the calculator: orders start at 1,375.52 ENA.
- Enter a USDT address in Ethereum (ERC20) and a way to reach you.
- Send ENA in Ethena for exactly the amount stated in the order.
- Once the network confirms your transfer, Tether leaves for your address. The order page tracks every step.
Check this before sending ENA
- The address network is Ethereum (ERC20). Sending through another network usually means losing the transfer.
- The transfer must not be smaller than 1,375.52 ENA.
- Copy the address whole, then compare the first and last characters after pasting.
- Coins go through an AML check: a flagged transfer can be held until the check is finished.
Where the ENA to USDT ERC20 rate has been
- 24 hours
- +5.65%
- Week
- −4.81%
- Weekly high
- 0.153903 USDT ERC20
- Weekly low
- 0.136772 USDT ERC20
- Spread
- 12.52%
Market data from CoinGecko as of Sep 17, 2026 00:54; the exchange rate is calculated separately and differs. Where these numbers come from
How far ENA/USDT ERC20 travelled, by period
| Period | High | Low | Middle | Net move |
|---|---|---|---|---|
| 24 hours | 0.148112 | 0.138846 | 0.142121 | +5.65% |
| Week | 0.153903 | 0.136772 | 0.143261 | −4.81% |
Figures are in USDT ERC20 per unit sent, from market data.
The numbers on ENA and USDT
- Price
- $0.145873
- 24 hours
- +5.65%
- Week
- −3.5%
- Market cap
- $1.47 B
- 24-hour turnover
- $339.06 M
- Rank by cap
- #56
- In circulation
- 10.1 B ENA
- Record price
- $1.52
- Price
- $0.99939
- 24 hours
- −0.01%
- Week
- −0.1%
- Market cap
- $183.33 B
- 24-hour turnover
- $59.59 B
- Rank by cap
- #3
- In circulation
- 183.44 B USDT
- Record price
- $1.32
Source: CoinGecko, Sep 17, 2026 00:54.
Ethena against Tether
| Ethena (ENA) | Tether (USDT) | |
|---|---|---|
| Ticker | ENA | USDT |
| In circulation | 10.1 B ENA | 183.44 B USDT |
| Market cap | $1.47 B | $183.33 B |
| Rank by cap | #56 | #3 |
| Type | — | token |
| Network | — | Ethereum (ERC20) |
| Fees are paid in | — | ETH |
| Launched | — | 2014 |
| Built by | — | Tether Limited |
| Supply cap | — | no cap |