USD Coin (USDC BASE) → Ethena (ENA)

The order runs on autopilot: the rate is locked when you create it, and the payout leaves as soon as the network confirms your transfer. No manual approval, no working hours.

Rate and amounts for USDC BASE → ENA 1 USDC BASE = 3.8066 ENA 1 ENA = 0.262703 USDC BASE

Rate as of Sep 30, 2026 14:40

Orders from
100.67 USDC BASE ≈ $100.65
Payout network
Ethena
24 hours
−3.58%
You get 7,613.17 ENA
Create the order
Rate
1 USDC BASE = 3.8066 ENA
From
100.67 USDC BASE
Up to
10,000,000 USDC BASE

Preliminary figure: the final amount is locked in the order.

Right now 1 USDC BASE gets you 3.8066 ENA; the other way round, 1 ENA is 0.262703 USDC BASE. Over 24 hours USDC BASE/ENA came in at minus 3.58%. Over the week, minus 14.27%.

The weekly range ran from 3.4108 to 4.9232 ENA, a spread of 44.34%. One order takes from 100.67 to 10,000,000 USDC BASE. In dollars that is roughly $100.65.

Market capitalisation puts USD Coin at No. 6 ($74.35 B) and Ethena at No. 42 ($2.63 B). Over 90 days the daily moves of USDC and ENA correlate at -0.12 (they travel apart).

Rate and amounts for USDC BASE → ENA

USDC BASEENA
200761.3171
1,0003,806.59
2,0007,613.17
10,00038,065.85
20,00076,131.71
100,000380,658.55
ENAUSDC BASE
500131.3513
2,000525.4053
5,0001,313.51
20,0005,254.05
50,00013,135.13
200,00052,540.53

How the USDC BASE → ENA exchange runs

  1. Work out the amount in the calculator — orders start at 100.67 USDC BASE.
  2. Give a ENA address on Ethena and a contact for the order.
  3. Send USDC BASE on BASE, exactly the amount the order shows.
  4. Nothing else is needed from you: as soon as the network confirms the transfer, the robot sends Ethena to your address. The order page shows the status.

Swap USDC BASE for ENA

Check this before sending USDC BASE

  • The address network is Ethena. Sending through another network almost always means losing the transfer.
  • The transfer must not be smaller than 100.67 USDC BASE.
  • Copy the address in full, then check its first and last characters once it is pasted.
  • Send exactly the amount stated in the order: the automation matches your payment against it, and any difference sends the order back for recalculation.

How the USDC BASE to ENA rate has moved

high 4.9232 ENAlow 3.4108 ENA
Sep 23, 2026 14:44Sep 30, 2026 14:44
high 7.3409 ENAlow 3.6736 ENA
Aug 30, 2026 05:00Sep 29, 2026 05:00
high 14.0349 ENAlow 3.6736 ENA
Jul 1, 2026 05:00Sep 29, 2026 05:00
high 14.0349 ENAlow 1.5844 ENA
Oct 1, 2025 05:00Sep 29, 2026 05:00
24 hours
−3.58%
Week
−14.27%
Weekly high
4.9232 ENA
Weekly low
3.4108 ENA
Spread
44.34%

Market data from CoinGecko as of Sep 30, 2026 14:27. The exchange rate is worked out separately and differs from the market one. How these numbers are counted

The USDC BASE/ENA spread by period

PeriodHighLowMiddlePeriod result
24 hours4.0713.9213.9991−3.58%
Week4.92323.41084.0717−14.27%
Month7.34093.67365.8139−36.25%
Quarter14.03493.67369.383−71.18%

Figures are in ENA per unit of the currency you send, taken from market data.

Daily USDC BASE → ENA rate

DayCloseAgainst the day before
Sep 29, 20263.9974 ENA+8.81%
Sep 28, 20263.6736 ENA−0.99%
Sep 27, 20263.7104 ENA−0.62%
Sep 26, 20263.7335 ENA−16.16%
Sep 25, 20264.4534 ENA−8.22%
Sep 24, 20264.8522 ENA+4.97%
Sep 23, 20264.6225 ENA−1.81%

Market data: USDC and ENA

USD Coin USDC
Price
$0.999829
24 hours
−0.01%
Week
0%
Market cap
$74.35 B
24-hour turnover
$16.68 B
Rank by cap
#6
In circulation
74.36 B USDC
All-time high
$1.04
Ethena ENA
Price
$0.26017
24 hours
+3.71%
Week
+19.39%
Market cap
$2.63 B
24-hour turnover
$478.89 M
Rank by cap
#42
In circulation
10.1 B ENA
All-time high
$1.52

Source: CoinGecko, Sep 30, 2026 14:27.

USD Coin and Ethena: how they differ

USD Coin (USDC)Ethena (ENA)
TickerUSDCENA
Typetoken—
NetworkBASE—
Launched2018—
Built byCircle—
Supply capno cap—
In circulation74.36 B USDC10.1 B ENA
Market cap$74.35 B$2.63 B
Rank by cap#6#42

Daily moves of USDC and ENA over the quarter link at -0.12 (they travel apart).

Why people take the USDC BASE → ENA route

  • Entering ENA from dollarsUSDC goes into Ethena in one step, with no coin in between: over the last month ENA posted +56.85%.
  • A DeFi protocol tokenEthena belongs to decentralised finance: holders govern the protocol with it and pay for operations inside it.
  • Different basketsDaily moves of USDC and ENA over 90 days link at -0.12 (they travel apart) — the weaker the link, the less a portfolio rests on one coin.

Common questions: USDC BASE → ENA

What rate does USDC BASE to ENA run at?
As of Sep 30, 2026 14:40 it is 1 USDC BASE = 3.8066 ENA. The figure updates on its own, and the calculator always shows the current one. On the market that is around $0.990359.
What amounts does USDC BASE → ENA accept?
From 100.67 to 10,000,000 USDC BASE per order. The floor is roughly $100.65.
Why can I not swap less than 100.67 USDC BASE?
The network fee and the handling do not depend on the amount. On a transfer below 100.67 USDC BASE they eat a noticeable share of it, and the swap stops making sense for either side.
Is anything charged on top of the rate?
No. The payout is already worked out at the rate in the calculator. Separately you pay only the network fee for sending USDC BASE, and the blockchain takes that one.
How long does swapping USDC BASE for ENA take?
The clock starts with confirmations: as soon as BASE confirms your transfer, the order goes out for payout with no operator involved. After that the timing is set by how busy the network is — which is the difference between quick and instant.
Which network will ENA arrive in?
Ethena arrives in its own Ethena network — a plain ENA address is all you need.
What happens if the rate moves while I am paying?
Nothing: the rate is locked in the order and holds for as long as the order is alive. It is recalculated only if the payment arrives late or for a different amount — so send the exact sum, and send it promptly.
What did the USDC BASE to ENA rate do over the month?
Over the month, minus 36.25%: a low of 3.6736, a high of 7.3409, an average of 5.8139 ENA per 1 USDC BASE.
Can I swap back, ENA for USDC BASE?
Yes, the reverse is open too: 1 ENA = 0.262697 USDC BASE. The link to switch sits under the calculator.

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