INIT to PHB: Convert Initia to Phoenix Today
1 INIT = 3.4134 PHB
INIT price updated 25 Aug 2026 · 13:05 WIB · PHB price updated 27 May 2026 · 10:00 WIB
Cross rate: the INIT/PHB value is the ratio of both assets' mid prices on the Pluang market, with no foreign-exchange leg. Indicative, not an execution rate.
The Initia (INIT) to Phoenix (PHB) exchange rate is currently 3.4134 PHB per 1 INIT. The value is computed from both assets' mid prices on the Pluang market and refreshed throughout the day. Use the calculator for other amounts, or open the reverse direction on the PHB to INIT page.
See PHB to INIT rate1 PHB = 0.29296 INITINIT/PHB Chart
Daily price ratio of the two assets
INIT and PHB Statistics
Trading activity and supply, with no currency denomination
InitiaCirculating Supply205,8M / 1B INIT
Trading Activity100% Sell | 0% Buy
Typical Hold Time19 Days
PhoenixCirculating Supply69,3M / 76M PHB
Trading Activity0% Sell | 0% Buy
Typical Hold Time31 Days
INIT to PHB Conversion Table
Conversion values for commonly searched amounts
INIT → PHB
| Amount | Result |
|---|---|
| 0.001 | 0.0034134 PHB |
| 0.01 | 0.034134 PHB |
| 0.1 | 0.34134 PHB |
| 0.5 | 1.7067 PHB |
| 1 | 3.4134 PHB |
| 5 | 17.0669 PHB |
| 10 | 34.1338 PHB |
PHB → INIT
| Amount | Result |
|---|---|
| 0.1 | 0.029296 INIT |
| 1 | 0.29296 INIT |
| 10 | 2.9296 INIT |
| 100 | 29.2964 INIT |
| 1,000 | 292.9644 INIT |
| 10,000 | 2,929.6436 INIT |
| 100,000 | 29,296.4363 INIT |
Frequently Asked Questions
1 INIT = 3.4134 PHB. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Initia mid price by the Phoenix mid price on the Pluang market. The result is an asset-to-asset exchange rate, with no currency involved.
This page is a value calculator. To invest, you can sell INIT and buy PHB in the Pluang app or via Web Trading, both available 24/7.
Each candle divides INIT's price components by PHB's on the same day: open by open, high by high, low by low, close by close, then the range is normalized so the candle stays valid. This is the standard ratio-chart pattern. Intraday extremes are approximate because the two assets do not always move at the same moment. A line mode is also available.
This page prices INIT in PHB, another crypto asset. For INIT in US dollars, euro, and 130+ other currencies, use INIT's foreign-currency conversion pages.
Crypto prices come from the Pluang market. Cross rates are computed as the ratio of both assets' mid prices. All values are indicative and are not an offer, solicitation, or investment advice.