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Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
FOR CONTEXT
$1.72T compared to the worldAbout this comparison
This page compares the market capitalizations of Axis USD (USDX) and Bitcoin (BTC). With Axis USD currently at $1.0000 per coin and a market cap of $61.14M, and Bitcoin at $85,595.00 with a market cap of $1.72T, applying Bitcoin's market cap to Axis USD's circulating supply produces a hypothetical USDX price of $28,131.15 — a 28.1Kx move from current.
Axis USD: Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book.
Bitcoin: Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Axis USD had Bitcoin's market cap, what would the price be?
If Axis USD (USDX) had Bitcoin's (BTC) current market cap of $1.72T, each USDX would be worth approximately $28,131.15 based on the circulating supply of 61,136,774 USDX. That is 28.1Kx the current USDX price of $1.0000.
What is the current market cap of Axis USD?
Axis USD (USDX) currently has a market cap of $61.14M, ranking #429 by market capitalization. Each USDX trades at $1.0000.
What is the current market cap of Bitcoin?
Bitcoin (BTC) currently has a market cap of $1.72T, ranking #1 by market capitalization. Each BTC trades at $85,595.00.
How does USDX compare to BTC?
Axis USD's market cap of $61.14M sits orders of magnitude beyond Bitcoin's $1.72T. For USDX to reach BTC's current valuation, the price would need to move 28.1Kx from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Axis USD's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.