If had 's mcap →
Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$184.07B compared to the worldAbout 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.