> ## Documentation Index
> Fetch the complete documentation index at: https://docs.everstrike.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Redeeming evUSD: Convert Trading Collateral Back to USDC

> Redeem evUSD to USDC on Everstrike. Usually instant, up to 24 hours max. Flat 0.1 USD fee, no execution costs. More predictable than trading spot markets.

Redemption is Everstrike's built-in mechanism for converting evUSD back into USDC. When you are ready to withdraw funds from DEX mode, redeeming gives you a predictable, low-cost way to obtain withdrawable USDC without executing a spot trade. Most redemptions complete in under a minute.

![USDC is deposited, minted into evUSD and redeemed back to USDC](https://mintcdn.com/everstrike-50e7a7f9/zD8Yl4qdQhHNoMT1/images/help/usdc-evusd-cycle.png?fit=max\&auto=format\&n=zD8Yl4qdQhHNoMT1\&q=85\&s=d9a8ca37cc23851ff744e3ced256d706)

From USDC to evUSD and back.

## How to Redeem

To start a redemption, you must have at least **0.2 evUSD** in your account and a confirmed primary wallet connected to Everstrike.

**1. Open Portfolio Overview**

Navigate to **Portfolio Overview** in the Everstrike app.

**2. Click Redeem**

Click **Redeem** next to the evUSD row in your portfolio.

**3. Enter the amount and confirm**

Enter the amount of evUSD you want to convert to USDC, then confirm. You will receive USDC to your primary wallet once the redemption processes.

## Timing

Most redemptions complete in **under one minute**. In some circumstances, a redemption may take up to **24 hours**. No action is required on your part while you wait. Everstrike processes redemptions automatically.

## Fees

Each redemption carries a flat fee of **0.1 USD**. There are no execution costs, slippage, or market-impact charges. This makes redemptions more cost-predictable than trading evUSD for USDC on spot markets.

## Supported Assets

Currently, redemptions support **evUSD to USDC** conversions only. Support for evUSD to USDT and evUSD to DAI conversions is planned for a future release.

## Alternatives

If you prefer not to redeem directly, you have two alternatives:

* **Spot trading**: Sell evUSD for USDC (or another stablecoin) using the USD/USDC spot market on Everstrike.
* **CEX mode**: In [CEX mode](https://docs.everstrike.io/account/cex-mode.md), you can withdraw directly in USDT, USDC, BUSD, or DAI without a separate redemption step.


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