Investment
Features
FeesSafety
Academy
More
Pluang+

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

1 USDTB = 38.912 PHA
USDTB price updated 27 Aug 2026 · 08:18 WIB · PHA price updated 27 Aug 2026 · 08:16 WIB

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

The Ethena Labs (USDTB) (USDTB) to Phala Network (PHA) exchange rate is currently 38.912 PHA per 1 USDTB. 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 PHA to USDTB page.

See PHA to USDTB rate1 PHA = 0.025699 USDTB
Pick a crypto and a target asset to see the conversion
From
To
Amount
USDTB
Conversion Result
38.912 PHA
1 USDTB = 38.912 PHA · mid-price ratio
Indicative rate from the ratio of both assets' mid prices, not an execution price.
Live prices:USDTBUSDTBPHAPHA

USDTB/PHA Chart

Daily price ratio of the two assets

USDTB and PHA Statistics

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

USDTB to PHA Conversion Table

Conversion values for commonly searched amounts

USDTB → PHA

AmountResult
0.0010.038912 PHA
0.010.38912 PHA
0.13.8912 PHA
0.519.456 PHA
138.912 PHA
5194.5598 PHA
10389.1196 PHA

PHA → USDTB

AmountResult
0.10.0025699 USDTB
10.025699 USDTB
100.25699 USDTB
1002.5699 USDTB
1,00025.699 USDTB
10,000256.9904 USDTB
100,0002,569.904 USDTB

Frequently Asked Questions

1 USDTB = 38.912 PHA. The value follows both assets' prices on the Pluang market and moves throughout the day.
Pluang divides the Ethena Labs (USDTB) mid price by the Phala Network 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 USDTB and buy PHA in the Pluang app or via Web Trading, both available 24/7.
Each candle divides USDTB's price components by PHA'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 USDTB in PHA, another crypto asset. For USDTB in US dollars, euro, and 130+ other currencies, use USDTB'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.