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Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book.
USDC is a fully collateralized US dollar stablecoin.
FOR CONTEXT
$74.11B compared to the worldAbout this comparison
This page compares the market capitalizations of Axis USD (USDX) and USDC (USDC). With Axis USD currently at $1.0000 per coin and a market cap of $61.13M, and USDC at $1.0000 with a market cap of $74.11B, applying USDC's market cap to Axis USD's circulating supply produces a hypothetical USDX price of $1,212.17 — a 1.2Kx move from current.
Axis USD: Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book.
USDC: USDC is a fully collateralized US dollar stablecoin.
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 USDC's market cap, what would the price be?
If Axis USD (USDX) had USDC's (USDC) current market cap of $74.11B, each USDX would be worth approximately $1,212.17 based on the circulating supply of 61,136,774 USDX. That is 1.2Kx 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 $61.13M, ranking #429 by market capitalization. Each USDX trades at $1.0000.
What is the current market cap of USDC?
USDC (USDC) currently has a market cap of $74.11B, ranking #6 by market capitalization. Each USDC trades at $1.0000.
How does USDX compare to USDC?
Axis USD's market cap of $61.13M sits orders of magnitude beyond USDC's $74.11B. For USDX to reach USDC's current valuation, the price would need to move 1.2Kx 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.