Tether (USDT ERC20) → 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 USDT ERC20 → ENA 1 USDT ERC20 = 3.861 ENA 1 ENA = 0.259003 USDT ERC20

Rate as of Sep 30, 2026 15:00

Orders from
100.67 USDT ERC20 ≈ $100.63
Payout network
Ethena
24 hours
−2.79%
You get 7,721.93 ENA
Create the order
Rate
1 USDT ERC20 = 3.861 ENA
From
100.67 USDT ERC20
Up to
10,000,000 USDT ERC20

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

Current maths: 3.861 ENA for every USDT ERC20, and 0.259003 USDT ERC20 per ENA in reverse. Over 24 hours USDT ERC20/ENA came in at minus 2.79%. Over the week, minus 14.29%.

The weekly range ran from 3.4104 to 4.9228 ENA, a spread of 44.34%. One order takes from 100.67 to 10,000,000 USDT ERC20. In dollars that is roughly $100.63.

Market capitalisation puts Tether at No. 3 ($183.8 B) and Ethena at No. 42 ($2.62 B). Over 90 days the daily moves of USDT and ENA correlate at 0.08 (they travel apart).

Rate and amounts for USDT ERC20 → ENA

USDT ERC20ENA
200772.1931
1,0003,860.97
2,0007,721.93
10,00038,609.65
20,00077,219.31
100,000386,096.53
ENAUSDT ERC20
500129.5013
2,000518.0052
5,0001,295.01
20,0005,180.05
50,00012,950.13
200,00051,800.52

How the USDT ERC20 → ENA exchange runs

  1. Work out the amount in the calculator — orders start at 100.67 USDT ERC20.
  2. Give a ENA address on Ethena and a contact for the order.
  3. Send USDT ERC20 on Ethereum (ERC20), 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 USDT ERC20 for ENA

Check this before sending USDT ERC20

  • The address network is Ethena. Sending through another network almost always means losing the transfer.
  • The transfer must not be smaller than 100.67 USDT ERC20.
  • 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 USDT ERC20 to ENA rate has moved

high 4.9228 ENAlow 3.4104 ENA
Sep 23, 2026 15:04Sep 30, 2026 15:04
high 7.3398 ENAlow 3.6734 ENA
Aug 30, 2026 05:00Sep 29, 2026 05:00
high 14.0278 ENAlow 3.6734 ENA
Jul 1, 2026 05:00Sep 29, 2026 05:00
high 14.0278 ENAlow 1.5856 ENA
Oct 1, 2025 05:00Sep 29, 2026 05:00
24 hours
−2.79%
Week
−14.29%
Weekly high
4.9228 ENA
Weekly low
3.4104 ENA
Spread
44.34%

Market data from CoinGecko as of Sep 30, 2026 14:57. The exchange rate is worked out separately and differs from the market one. How these numbers are counted

The USDT ERC20/ENA spread by period

PeriodHighLowMiddlePeriod result
24 hours4.07023.92033.9984−2.79%
Week4.92283.41044.0713−14.29%
Month7.33983.67345.8134−36.27%
Quarter14.02783.67349.3802−71.17%

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

Daily USDT ERC20 → ENA rate

DayCloseAgainst the day before
Sep 29, 20263.9965 ENA+8.8%
Sep 28, 20263.6734 ENA−0.99%
Sep 27, 20263.7103 ENA−0.62%
Sep 26, 20263.7333 ENA−16.16%
Sep 25, 20264.4528 ENA−8.23%
Sep 24, 20264.8521 ENA+4.97%
Sep 23, 20264.6224 ENA−1.81%

How the Velorex rate moved: USDT ERC20 → ENA day by day

DayVelorex rateMarket rate
Sep 30, 20263.861 ENA3.8476
Sep 29, 20263.9745 ENA4.0367
Sep 28, 20263.8699 ENA3.8845
Sep 27, 20263.6523 ENA3.6635
Sep 26, 20263.7037 ENA3.707
Sep 25, 20263.7271 ENA3.7494
Sep 24, 20264.4523 ENA4.4717
Sep 23, 20264.878 ENA4.8658
Sep 22, 20264.6425 ENA4.62

Our own rate is recorded every hour, and the table keeps the last entry of the day. The column beside it is the ratio of the prices of the same two coins on CoinGecko at that same hour. How these numbers are counted

Market data: USDT and ENA

Tether USDT
Price
$0.999609
24 hours
−0.01%
Week
−0.02%
Market cap
$183.8 B
24-hour turnover
$55.77 B
Rank by cap
#3
In circulation
183.87 B USDT
All-time high
$1.32
Ethena ENA
Price
$0.259801
24 hours
+2.86%
Week
+19.39%
Market cap
$2.62 B
24-hour turnover
$491.38 M
Rank by cap
#42
In circulation
10.1 B ENA
All-time high
$1.52

Source: CoinGecko, Sep 30, 2026 14:57.

Tether and Ethena: how they differ

Tether (USDT)Ethena (ENA)
TickerUSDTENA
Typetoken—
NetworkEthereum (ERC20)—
Fees are paid inETH—
Launched2014—
Built byTether Limited—
Supply capno cap—
In circulation183.87 B USDT10.1 B ENA
Market cap$183.8 B$2.62 B
Rank by cap#3#42

Daily moves of USDT and ENA over the quarter link at 0.08 (they travel apart).

Why people take the USDT ERC20 → ENA route

  • Entering ENA from dollarsUSDT 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 USDT and ENA over 90 days link at 0.08 (they travel apart) — the weaker the link, the less a portfolio rests on one coin.

Common questions: USDT ERC20 → ENA

What rate does USDT ERC20 to ENA run at?
As of Sep 30, 2026 15:00 it is 1 USDT ERC20 = 3.861 ENA. The figure updates on its own, and the calculator always shows the current one. On the market that is around $1.00.
What amounts does USDT ERC20 → ENA accept?
From 100.67 to 10,000,000 USDT ERC20 per order. The floor is roughly $100.63.
Why can I not swap less than 100.67 USDT ERC20?
The network fee and the handling do not depend on the amount. On a transfer below 100.67 USDT ERC20 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 USDT ERC20, and the blockchain takes that one.
How long does swapping USDT ERC20 for ENA take?
The clock starts with confirmations: as soon as Ethereum (ERC20) 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 USDT ERC20 to ENA rate do over the month?
Over the month, minus 36.27%: a low of 3.6734, a high of 7.3398, an average of 5.8134 ENA per 1 USDT ERC20.
Can I swap back, ENA for USDT ERC20?
Yes, the reverse is open too: 1 ENA = 0.258997 USDT ERC20. The link to switch sits under the calculator.

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