Swap Ethena (ENA) for Tether (USDT TRC20)

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 Nov 1, 2026 13:59

Orders from: 1,375.52 ENA ≈ $260.49
Payout network: TRON (TRC20)
24 hours: −1.38%

You send

ENA

You get 3,772.79

USDT TRC20

Start the order

Rate: 1 ENA = 0.188639 USDT TRC20
From: 1,375.52 ENA
Up to: 52,800,000 ENA

The figure is indicative; the exact amount is locked in the order.

One ENA buys 0.188639 USDT TRC20 right now; the other way round, 1 USDT TRC20 is 5.3011 ENA. Market over 24 hours: ENA against USDT TRC20 minus 1.38%. The week added minus 3.16%.

The weekly corridor ran from 0.175579 to 0.214065 USDT TRC20, a spread of 21.92%. A single order takes 1,375.52 to 52,800,000 ENA. In dollars that is roughly $260.49.

The payout leaves in the TRON (TRC20) network, so the receiving address has to belong to that network. By market cap Ethena sits 40th ($2.54 B) and Tether 3th ($180.04 B). Daily moves of ENA and USDT over 90 days line up at 0.16 (they travel apart).

Who takes the ENA → USDT TRC20 route

Sitting out the swingsENA moved −22.72% over the past month. USDT tracks the dollar, so after the swap the value stops following ENA.
A road both waysThe USDT TRC20 → ENA direction is open too, so going back into ENA takes the same route.

ENA → USDT TRC20 rate and amounts

1 ENA = 0.188639 USDT TRC20

1 USDT TRC20 = 5.3011 ENA

Send ENA — receive USDT TRC20

ENA	USDT TRC20
2,000	377.2788
5,000	943.197
20,000	3,772.79
50,000	9,431.97
200,000	37,727.88
500,000	94,319.7

Need USDT TRC20 — send this much ENA

USDT TRC20	ENA
500	2,650.56
1,000	5,301.12
5,000	26,505.6
10,000	53,011.19
50,000	265,055.97
100,000	530,111.94

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	0.188639	—	—	—
Ethereum (ERC20)	0.188639	1,375.52 ENA	≈ $0.0062	medium
TRON (TRC20) open now	0.188639	1,375.52 ENA	≈ $2.1	fast
BNB Smart Chain (BEP20)	0.188639	1,375.52 ENA	≈ $0.0023	fast
Solana	0.188639	1,375.52 ENA	≈ $0.00048	fast
Polygon	0.188639	1,375.52 ENA	≈ $0.00017	fast
Arbitrum One	0.188639	1,375.52 ENA	≈ $0.003	fast
TON	0.188639	1,375.52 ENA	low	fast
Avalanche C-Chain	0.188639	—	≈ $0.0014	fast
NEAR	0.188639	—	—	—
Optimism	0.188639	—	≈ $0.00015	fast

ENA → USDT: compare all networks USDT network fees

How the ENA → USDT TRC20 order runs

Work out the amount in the calculator: orders start at 1,375.52 ENA.
Enter a USDT address in TRON (TRC20) 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.

Swap ENA for USDT TRC20

Check this before sending ENA

The address network is TRON (TRC20). 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 TRC20 rate has been

WeekMonthQuarterYear

high 0.214065 USDT TRC20low 0.175579 USDT TRC20

Oct 25, 2026 14:03Nov 1, 2026 14:03

high 0.26488 USDT TRC20low 0.175579 USDT TRC20

Oct 1, 2026 03:00Oct 31, 2026 03:00

high 0.27223 USDT TRC20low 0.0792336 USDT TRC20

Aug 2, 2026 03:00Oct 31, 2026 03:00

high 0.387554 USDT TRC20low 0.0712869 USDT TRC20

Nov 2, 2025 03:00Oct 31, 2026 03:00

24 hours: −1.38%
Week: −3.16%
Weekly high: 0.214065 USDT TRC20
Weekly low: 0.175579 USDT TRC20
Spread: 21.92%

Market data from CoinGecko as of Nov 1, 2026 11:54; the exchange rate is calculated separately and differs. Where these numbers come from

How far ENA/USDT TRC20 travelled, by period

Period	High	Low	Middle	Net move
24 hours	0.194061	0.188026	0.190277	−1.38%
Week	0.214065	0.175579	0.199123	−3.16%
Month	0.26488	0.175579	0.212863	−28.3%
Quarter	0.27223	0.0792336	0.169825	+139.69%

Figures are in USDT TRC20 per unit sent, from market data.

Daily ENA → USDT TRC20 rate

Day	Close	Against the day before
Oct 31, 2026	0.189913 USDT TRC20	+8.16%
Oct 30, 2026	0.175579 USDT TRC20	−16.25%
Oct 29, 2026	0.209637 USDT TRC20	+0.48%
Oct 28, 2026	0.208645 USDT TRC20	+0.73%
Oct 27, 2026	0.207128 USDT TRC20	+0.11%
Oct 26, 2026	0.20691 USDT TRC20	+5.9%
Oct 25, 2026	0.195391 USDT TRC20	−1.88%

Daily RubyCash rate: ENA → USDT TRC20

Date	RubyCash rate	Market rate
Nov 1, 2026	0.189042 USDT TRC20	0.189462
Oct 31, 2026	0.189343 USDT TRC20	0.189792
Oct 30, 2026	0.191455 USDT TRC20	0.187661
Oct 29, 2026	0.176673 USDT TRC20	0.17629
Oct 28, 2026	0.208951 USDT TRC20	0.20877
Oct 27, 2026	0.21056 USDT TRC20	0.209015
Oct 26, 2026	0.206639 USDT TRC20	0.208923
Oct 25, 2026	0.20875 USDT TRC20	0.204774
Oct 24, 2026	0.194673 USDT TRC20	0.193686
Oct 22, 2026	0.200907 USDT TRC20	0.199356
Oct 21, 2026	0.215085 USDT TRC20	0.217888
Oct 20, 2026	0.19789 USDT TRC20	0.196758
Oct 19, 2026	0.190349 USDT TRC20	0.185597
Oct 18, 2026	0.187835 USDT TRC20	0.185953

Our own rate is written down every hour; the table keeps the last entry of each day. The market column is the ratio of the same two coins on CoinGecko at that moment. Where these numbers come from

The numbers on ENA and USDT

Ethena ENA

Price: $0.189374
24 hours: −1.35%
Week: −1.69%
Market cap: $2.54 B
24-hour turnover: $201.74 M
Rank by cap: #40
In circulation: 13.41 B ENA
Record price: $1.52

Tether USDT

Price: $0.999538
24 hours: +0.02%
Week: +0.05%
Market cap: $180.04 B
24-hour turnover: $25.75 B
Rank by cap: #3
In circulation: 180.12 B USDT
Record price: $1.32

Source: CoinGecko, Nov 1, 2026 11:54.

Ethena against Tether

	Ethena (ENA)	Tether (USDT)
Ticker	ENA	USDT
In circulation	13.41 B ENA	180.12 B USDT
Market cap	$2.54 B	$180.04 B
Rank by cap	#40	#3
Type	—	token
Network	—	TRON (TRC20)
Fees are paid in	—	TRX
Launched	—	2014
Built by	—	Tether Limited
Supply cap	—	no cap

Daily moves of ENA and USDT over 90 days line up at 0.16 — they travel apart.

Common questions: ENA → USDT TRC20

What rate does ENA to USDT TRC20 run at?

As of Nov 1, 2026 13:59 it is 1 ENA = 0.188639 USDT TRC20. The figure recalculates on its own, and the calculator always shows the fresh one. In dollars that is around $0.188552.

What amounts does ENA → USDT TRC20 accept?

From 1,375.52 to 52,800,000 ENA per order. The lower limit is roughly $260.49.

Where does the 1,375.52 ENA floor come from?

Network fees and order handling eat a small transfer alive — below 1,375.52 ENA the swap stops making sense for either side.

What else is taken on top of the rate?

The payout is already calculated at the rate in the calculator. On top of it you only pay the network fee for sending ENA, and that one goes to the blockchain, not to us.

How long does ENA to USDT TRC20 take?

The clock starts with confirmations: the order goes into work once Ethena confirms your transfer. After that it comes down to how busy the network is.

Which network will USDT TRC20 arrive in?

The payout leaves in TRON (TRC20). Make sure the receiving wallet works with that network.

Where is receiving USDT cheaper?

The cheapest is usually USDT BEP20, USDT SOL, USDT Polygon, USDT Arbitrum, USDT TON, USDT AVAX C, USDT Optimism. Still, the network is chosen by what the recipient supports, not by the fee.

What if the rate moves while I am paying?

The rate is pinned to the order and does not move while the order is alive. It can be recalculated if the payment arrives late or for a different amount — so send the exact sum, and send it promptly.

What did the ENA to USDT TRC20 rate do this month?

The month came in at minus 28.3%. Low 0.175579, high 0.26488, middle 0.212863 USDT TRC20 per ENA.

Can I go back, USDT TRC20 to ENA?

Yes, the reverse direction is open: 1 USDT TRC20 = 5.3439 ENA. The link sits right under the calculator.