LIVE
BTC$85,595.00▲ 0.87%ETH$2,702.03▲ 0.57%USDT$0.9999▼ 0.00%BNB$790.05▲ 0.25%XRP$1.50▲ 0.88%USDC$1.0000▼ 0.00%SOL$120.92▲ 0.85%TRX$0.3355▼ 0.04%FIGR_HELOC$1.07▲ 4.34%ZEC$1,334.70▲ 0.53%HYPE$90.52▲ 1.26%DOGE$0.0955▲ 2.45%LINK$14.14▲ 0.47%XMR$545.27▼ 2.41%WBT$85.04▲ 0.85%USDS$0.9999▼ 0.01%ADA$0.2506▲ 2.02%LEO$8.99▼ 0.09%RAIN$0.0114▲ 0.48%XLM$0.2196▲ 1.40%NEAR$4.98▲ 3.91%BCH$316.18▲ 0.05%UNI$9.06▼ 0.11%LTC$70.94▲ 2.58%CC$0.1280▲ 4.36%SUI$1.21▲ 2.01%AVAX$11.08▼ 0.43%USDE$0.9997▲ 0.01%DAI$0.9999▲ 0.01%HBAR$0.1033▲ 0.71%BTC$85,595.00▲ 0.87%ETH$2,702.03▲ 0.57%USDT$0.9999▼ 0.00%BNB$790.05▲ 0.25%XRP$1.50▲ 0.88%USDC$1.0000▼ 0.00%SOL$120.92▲ 0.85%TRX$0.3355▼ 0.04%FIGR_HELOC$1.07▲ 4.34%ZEC$1,334.70▲ 0.53%HYPE$90.52▲ 1.26%DOGE$0.0955▲ 2.45%LINK$14.14▲ 0.47%XMR$545.27▼ 2.41%WBT$85.04▲ 0.85%USDS$0.9999▼ 0.01%ADA$0.2506▲ 2.02%LEO$8.99▼ 0.09%RAIN$0.0114▲ 0.48%XLM$0.2196▲ 1.40%NEAR$4.98▲ 3.91%BCH$316.18▲ 0.05%UNI$9.06▼ 0.11%LTC$70.94▲ 2.58%CC$0.1280▲ 4.36%SUI$1.21▲ 2.01%AVAX$11.08▼ 0.43%USDE$0.9997▲ 0.01%DAI$0.9999▲ 0.01%HBAR$0.1033▲ 0.71%
G.MARKETS/PAIR ANALYSIS·Axis USD logoUSDX→Tether logoUSDT· LIVE· as of 20:45 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDX WOULD BE
$0.00000000
currently $1.0000 · target mcap $184.07B
▲ 0.00x TO MATCHUSDX NEEDS A 3.0Kx MOVE TO MATCH USDT
COIN PROFILES·USDX vs USDT
Axis USD logo
Axis USD
SOURCE

Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book.

PRICE$1.0000
24H CHANGE▼ 0.01%
MARKET CAP$61.14MFDV $61.14M · Fully circulating
RANK#429
SUPPLY61.1M USDX
DOMINANCE<0.01%
VS
Tether logo
USDTVerified by G.MARKETS
Tether
TARGET

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9999
24H CHANGE▼ 0.00%
MARKET CAP$184.07BFDV $189.53B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
3.0Kx bigger
USDX$61.14M
USDT$184.07B
THE CLIMBAxis USD logoUSDX→Tether logoUSDTMULTIPLIER▲ 3.0KxGAP$184.01B
$100.00M$1.00B$10.00B$100.00B
Axis USD logo
SOURCEUSDX$61.14M
Tether logo
TARGETUSDT$184.07B
Golem logo
GLM$129.46M
GUSD logo
GUSD$149.54M
apyUSD logo
APYUSD$169.59M
Collector Crypt logo
CARDS$212.96M
dogwifhat logo
WIF$251.46M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG$321.23M
Starknet logo
STRK$416.36M
Curve DAO logo
CRV$587.90M
Aerodrome Finance logo
AERO$860.20M
USDD logo
USDD$1.54B
Ripple USD logo
RLUSD$2.50B
Litecoin logo
LTC$5.51B
log scale · mcap in USDOct 4, 2026
Axis USD logo
USDXAxis USD
$61.14MSOURCE
Golem logo
GLM
$129.46M
GUSD logo
GUSD
$149.54M
apyUSD logo
APYUSD
$169.59M
Collector Crypt logo
CARDS
$212.96M
dogwifhat logo
WIF
$251.46M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG
$321.23M
Starknet logo
STRK
$416.36M
Curve DAO logo
CRV
$587.90M
Aerodrome Finance logo
AERO
$860.20M
USDD logo
USDD
$1.54B
Ripple USD logo
RLUSD
$2.50B
Litecoin logo
LTC
$5.51B
Tether logo
USDTTether
$184.07BTARGET
mcap in USDOct 4, 2026
BAG SCENARIOS·IF USDX HIT USDT MCAP·TARGET $3,010.75
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDX$100.00$301,075.06+$300,975.06
Coffee money1K USDX$999.98$3,010,750.58+$3,009,750.60
Small bag10K USDX$9,999.77$30,107,505.79+$30,097,506.02
Real bag100K USDX$99,997.70$301,075,057.92+$300,975,060.22
Whale bag1M USDX$999,977.00$3,010,750,579.18+$3,009,750,602.18
Generational10M USDX$9,999,770.00$30,107,505,791.81+$30,097,506,021.81
$184.07B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 40.9% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 48.4% of Netflix
UberUBER
$160.00B
USDT mcap is 1.15× Uber
NikeNKE
$130.00B
USDT mcap is 1.42× Nike
StarbucksSBUX
$100.00B
USDT mcap is 1.84× Starbucks
SpotifySPOT
$90.00B
USDT mcap is 2.05× Spotify

About this comparison

This page compares the market capitalizations of Axis USD (USDX) and Tether (USDT). With Axis USD currently at $1.0000 per coin and a market cap of $61.14M, and Tether at $0.9999 with a market cap of $184.07B, applying Tether's market cap to Axis USD's circulating supply produces a hypothetical USDX price of $3,010.75 — a 3.0Kx move from current.

Axis USD: Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book.

Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

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 Tether's market cap, what would the price be?

If Axis USD (USDX) had Tether's (USDT) current market cap of $184.07B, each USDX would be worth approximately $3,010.75 based on the circulating supply of 61,136,774 USDX. That is 3.0Kx 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 Tether?

Tether (USDT) currently has a market cap of $184.07B, ranking #3 by market capitalization. Each USDT trades at $0.9999.

How does USDX compare to USDT?

Axis USD's market cap of $61.14M sits orders of magnitude beyond Tether's $184.07B. For USDX to reach USDT's current valuation, the price would need to move 3.0Kx 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.