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PHA to USDTB: Convert Phala Network to Ethena Labs (USDTB) Today

1 PHA = 0.026102 USDTB
PHA price updated 27 Aug 2026 · 15:12 WIB · USDTB price updated 27 Aug 2026 · 15:12 WIB

Cross rate: the PHA/USDTB value is the ratio of both assets' mid prices on the Pluang market, with no foreign-exchange leg. Indicative, not an execution rate.

The Phala Network (PHA) to Ethena Labs (USDTB) (USDTB) exchange rate is currently 0.026102 USDTB per 1 PHA. 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 USDTB to PHA page.

See USDTB to PHA rate1 USDTB = 38.3109 PHA
Pick a crypto and a target asset to see the conversion
From
To
Amount
PHA
Conversion Result
0.026102 USDTB
1 PHA = 0.026102 USDTB · mid-price ratio
Indicative rate from the ratio of both assets' mid prices, not an execution price.
Live prices:PHAPHAUSDTBUSDTB

PHA/USDTB Chart

Daily price ratio of the two assets

PHA and USDTB Statistics

Trading activity and supply, with no currency denomination
PHAPhala Network
Circulating Supply840,5M PHA
Trading Activity64% Sell | 36% Buy
Typical Hold Time31 Days
USDTBEthena Labs (USDTB)
Circulating Supply483,5M USDTB
Trading Activity0% Sell | 0% Buy
Typical Hold Time27 Days

PHA to USDTB Conversion Table

Conversion values for commonly searched amounts

PHA → USDTB

AmountResult
0.0010.000026102 USDTB
0.010.00026102 USDTB
0.10.0026102 USDTB
0.50.013051 USDTB
10.026102 USDTB
50.13051 USDTB
100.26102 USDTB

USDTB → PHA

AmountResult
0.13.8311 PHA
138.3109 PHA
10383.1093 PHA
1003,831.0931 PHA
1,00038,310.9305 PHA
10,000383,109.3054 PHA
100,0003,831,093.0544 PHA

Frequently Asked Questions

1 PHA = 0.026102 USDTB. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Phala Network mid price by the Ethena Labs (USDTB) 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 PHA and buy USDTB in the Pluang app or via Web Trading, both available 24/7.
Each candle divides PHA's price components by USDTB'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 PHA in USDTB, another crypto asset. For PHA in US dollars, euro, and 130+ other currencies, use PHA'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.