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PHB to INIT: Convert Phoenix to Initia Today

1 PHB = 0.29472 INIT
PHB price updated 27 May 2026 · 10:00 WIB · INIT price updated 25 Aug 2026 · 15:01 WIB

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

The Phoenix (PHB) to Initia (INIT) exchange rate is currently 0.29472 INIT per 1 PHB. 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 INIT to PHB page.

See INIT to PHB rate1 INIT = 3.3931 PHB
Pick a crypto and a target asset to see the conversion
From
To
Amount
PHB
Conversion Result
0.29472 INIT
1 PHB = 0.29472 INIT · mid-price ratio
Indicative rate from the ratio of both assets' mid prices, not an execution price.
Live prices:PHBPHBINITINIT

PHB/INIT Chart

Daily price ratio of the two assets

PHB and INIT Statistics

Trading activity and supply, with no currency denomination
PHBPhoenix
Circulating Supply69,3M / 76M PHB
Trading Activity0% Sell | 0% Buy
Typical Hold Time31 Days
INITInitia
Circulating Supply205,8M / 1B INIT
Trading Activity100% Sell | 0% Buy
Typical Hold Time19 Days

PHB to INIT Conversion Table

Conversion values for commonly searched amounts

PHB → INIT

AmountResult
0.0010.00029472 INIT
0.010.0029472 INIT
0.10.029472 INIT
0.50.14736 INIT
10.29472 INIT
51.4736 INIT
102.9472 INIT

INIT → PHB

AmountResult
0.10.33931 PHB
13.3931 PHB
1033.9306 PHB
100339.3058 PHB
1,0003,393.0581 PHB
10,00033,930.581 PHB
100,000339,305.8095 PHB

Frequently Asked Questions

1 PHB = 0.29472 INIT. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Phoenix mid price by the Initia 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 PHB and buy INIT in the Pluang app or via Web Trading, both available 24/7.
Each candle divides PHB's price components by INIT'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 PHB in INIT, another crypto asset. For PHB in US dollars, euro, and 130+ other currencies, use PHB'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.