LIVE
BTC$64,198.00 0.84%ETH$1,804.08 0.75%USDT$0.9994 0.03%BNB$586.57 0.74%USDC$1.0000 0.02%XRP$1.15 0.48%SOL$82.30 0.31%TRX$0.3296 0.15%FIGR_HELOC$1.04 0.52%HYPE$71.85 0.75%DOGE$0.0768 1.42%USDS$0.9998 0.01%RAIN$0.0151 0.14%LEO$9.39 1.32%ZEC$455.32 1.96%ADA$0.1845 2.73%XLM$0.1997 0.61%WBT$57.56 0.28%XMR$322.72 0.91%LINK$8.03 0.72%CC$0.1379 3.10%BCH$242.24 0.17%GRAM$1.79 0.57%LAB$14.95 9.34%DAI$0.9998 0.00%USD1$0.9988 0.01%USDE$0.9988 0.03%LTC$44.92 2.14%HBAR$0.0733 3.16%USDG$1.00 0.02%BTC$64,198.00 0.84%ETH$1,804.08 0.75%USDT$0.9994 0.03%BNB$586.57 0.74%USDC$1.0000 0.02%XRP$1.15 0.48%SOL$82.30 0.31%TRX$0.3296 0.15%FIGR_HELOC$1.04 0.52%HYPE$71.85 0.75%DOGE$0.0768 1.42%USDS$0.9998 0.01%RAIN$0.0151 0.14%LEO$9.39 1.32%ZEC$455.32 1.96%ADA$0.1845 2.73%XLM$0.1997 0.61%WBT$57.56 0.28%XMR$322.72 0.91%LINK$8.03 0.72%CC$0.1379 3.10%BCH$242.24 0.17%GRAM$1.79 0.57%LAB$14.95 9.34%DAI$0.9998 0.00%USD1$0.9988 0.01%USDE$0.9988 0.03%LTC$44.92 2.14%HBAR$0.0733 3.16%USDG$1.00 0.02%
G.MARKETS/PAIR ANALYSIS·Based logoBASEDTether logoUSDT· LIVE· as of 00:57 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

BASED WOULD BE
$0.00000000
currently $0.0944 · target mcap $184.25B
MULTIPLIER
0.00x

BASED needs a 8.3Kx move to match USDT's valuation

REALITY CHECKAt BASED's current 24h rate of +3.05%, compounding daily would take ~300 days to reach USDT's market cap.
COIN PROFILES·BASED vs USDT
Based logo
Based
SOURCE

Based is a financial superapp built on Hyperliquid that lets users trade crypto, equities, and commodities from a single interface, fund accounts directly from bank accounts or…

PRICE$0.0944
24H CHANGE 3.05%
MARKET CAP$22.19MFDV $94.43M · 77% supply locked
RANK#782
SUPPLY235.0M BASED
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$0.9994
24H CHANGE 0.03%
MARKET CAP$184.25BFDV $189.71B · 3% supply locked
RANK#3
SUPPLY184.4B USDT
DOMINANCE6.14%
7d 0.10%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
8.3Kx bigger
BASED$22.19M
USDT$184.25B
THE CLIMBBased logoBASEDTether logoUSDTMULTIPLIER 8.3KxGAP$184.23B
$100.00M$1.00B$10.00B$100.00B
Based logo
SOURCEBASED$22.19M
Tether logo
TARGETUSDT$184.25B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
Genius logo
GENIUS$126.90M
Theta Network logo
THETA$144.97M
dogwifhat logo
WIF$171.13M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Unibase logo
UB$253.90M
First Digital USD logo
FDUSD$347.42M
TrueUSD logo
TUSD$493.54M
ADI logo
ADI$736.11M
Ethereum Classic logo
ETC$1.12B
PAX Gold logo
PAXG$1.87B
LAB logo
LAB$4.68B
log scale · mcap in USDJul 7, 2026
Based logo
BASEDBased
$22.19MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
Genius logo
GENIUS
$126.90M
Theta Network logo
THETA
$144.97M
dogwifhat logo
WIF
$171.13M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Unibase logo
UB
$253.90M
First Digital USD logo
FDUSD
$347.42M
TrueUSD logo
TUSD
$493.54M
ADI logo
ADI
$736.11M
Ethereum Classic logo
ETC
$1.12B
PAX Gold logo
PAXG
$1.87B
LAB logo
LAB
$4.68B
Tether logo
USDTTether
$184.25BTARGET
mcap in USDJul 7, 2026
BAG SCENARIOS·IF BASED HIT USDT MCAP·TARGET $784.05
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 BASED$9.44$78,404.53+$78,395.09
Coffee money1K BASED$94.36$784,045.31+$783,950.95
Small bag10K BASED$943.63$7,840,453.12+$7,839,509.49
Real bag100K BASED$9,436.30$78,404,531.15+$78,395,094.85
Whale bag1M BASED$94,363.00$784,045,311.51+$783,950,948.51
Generational10M BASED$943,630.00$7,840,453,115.15+$7,839,509,485.15
$184.25B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 40.9% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 48.5% 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 Based (BASED) and Tether (USDT). With Based currently at $0.0944 per coin and a market cap of $22.19M, and Tether at $0.9994 with a market cap of $184.25B, applying Tether's market cap to Based's circulating supply produces a hypothetical BASED price of $784.05 — a 8.3Kx move from current.

Based: Based is a financial superapp built on Hyperliquid that lets users trade crypto, equities, and commodities from a single interface, fund accounts directly from bank accounts or…

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

If Based (BASED) had Tether's (USDT) current market cap of $184.25B, each BASED would be worth approximately $784.05 based on the circulating supply of 235,000,000 BASED. That is 8.3Kx the current BASED price of $0.0944.

What is the current market cap of Based?

Based (BASED) currently has a market cap of $22.19M, ranking #782 by market capitalization. Each BASED trades at $0.0944.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.25B, ranking #3 by market capitalization. Each USDT trades at $0.9994.

How does BASED compare to USDT?

Based's market cap of $22.19M sits orders of magnitude beyond Tether's $184.25B. For BASED to reach USDT's current valuation, the price would need to move 8.3Kx 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 Based'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.