LIVE
BTC$64,015.00 0.73%ETH$1,797.99 0.76%USDT$0.9993 0.03%BNB$585.93 0.52%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.96 0.47%TRX$0.3293 0.15%FIGR_HELOC$1.04 0.52%HYPE$70.70 0.55%DOGE$0.0766 1.80%USDS$0.9998 0.01%RAIN$0.0151 0.18%LEO$9.39 1.38%ZEC$455.64 1.57%ADA$0.1844 2.80%XLM$0.1998 1.39%WBT$57.50 0.27%XMR$323.27 1.47%LINK$8.02 0.62%CC$0.1383 2.20%GRAM$1.79 0.47%BCH$241.60 0.93%LAB$15.42 7.67%DAI$0.9998 0.00%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.82 2.12%HBAR$0.0734 3.58%USDG$1.0000 0.00%BTC$64,015.00 0.73%ETH$1,797.99 0.76%USDT$0.9993 0.03%BNB$585.93 0.52%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.96 0.47%TRX$0.3293 0.15%FIGR_HELOC$1.04 0.52%HYPE$70.70 0.55%DOGE$0.0766 1.80%USDS$0.9998 0.01%RAIN$0.0151 0.18%LEO$9.39 1.38%ZEC$455.64 1.57%ADA$0.1844 2.80%XLM$0.1998 1.39%WBT$57.50 0.27%XMR$323.27 1.47%LINK$8.02 0.62%CC$0.1383 2.20%GRAM$1.79 0.47%BCH$241.60 0.93%LAB$15.42 7.67%DAI$0.9998 0.00%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.82 2.12%HBAR$0.0734 3.58%USDG$1.0000 0.00%
G.MARKETS/PAIR ANALYSIS·CoW Protocol logoCOWTether logoUSDT· LIVE· as of 23:48 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

COW WOULD BE
$0.00000000
currently $0.1460 · target mcap $184.21B
MULTIPLIER
0.00x

COW needs a 2.2Kx move to match USDT's valuation

COIN PROFILES·COW vs USDT
CoW Protocol logo
CoW Protocol
SOURCE

COW token allows its holders the right to govern and curate the infrastructure of the CoW Protocol ecosystem through the CowDAO.

PRICE$0.1460
24H CHANGE 1.55%
MARKET CAP$84.52MFDV $145.98M · 42% supply locked
RANK#299
SUPPLY579.0M COW
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$0.9993
24H CHANGE 0.03%
MARKET CAP$184.21BFDV $189.67B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.11%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
2.2Kx bigger
COW$84.52M
USDT$184.21B
THE CLIMBCoW Protocol logoCOWTether logoUSDTMULTIPLIER 2.2KxGAP$184.12B
$100.00M$1.00B$10.00B$100.00B
CoW Protocol logo
SOURCECOW$84.52M
Tether logo
TARGETUSDT$184.21B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
Genius logo
GENIUS$126.46M
Theta Network logo
THETA$144.56M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Unibase logo
UB$253.36M
Grass logo
GRASS$348.05M
TrueUSD logo
TUSD$493.61M
ADI logo
ADI$736.26M
Ethereum Classic logo
ETC$1.11B
World Liberty Financial logo
WLFI$1.86B
LAB logo
LAB$4.82B
log scale · mcap in USDJul 6, 2026
CoW Protocol logo
COWCoW Protocol
$84.52MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
Genius logo
GENIUS
$126.46M
Theta Network logo
THETA
$144.56M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Unibase logo
UB
$253.36M
Grass logo
GRASS
$348.05M
TrueUSD logo
TUSD
$493.61M
ADI logo
ADI
$736.26M
Ethereum Classic logo
ETC
$1.11B
World Liberty Financial logo
WLFI
$1.86B
LAB logo
LAB
$4.82B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF COW HIT USDT MCAP·TARGET $318.15
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 COW$14.60$31,814.50+$31,799.91
Coffee money1K COW$145.98$318,145.04+$317,999.06
Small bag10K COW$1,459.78$3,181,450.37+$3,179,990.59
Real bag100K COW$14,597.80$31,814,503.66+$31,799,905.86
Whale bag1M COW$145,978.00$318,145,036.62+$317,999,058.62
Generational10M COW$1,459,780.00$3,181,450,366.17+$3,179,990,586.17
$184.21B 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 CoW Protocol (COW) and Tether (USDT). With CoW Protocol currently at $0.1460 per coin and a market cap of $84.52M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to CoW Protocol's circulating supply produces a hypothetical COW price of $318.15 — a 2.2Kx move from current.

CoW Protocol: COW token allows its holders the right to govern and curate the infrastructure of the CoW Protocol ecosystem through the CowDAO.

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

If CoW Protocol (COW) had Tether's (USDT) current market cap of $184.21B, each COW would be worth approximately $318.15 based on the circulating supply of 579,010,598 COW. That is 2.2Kx the current COW price of $0.1460.

What is the current market cap of CoW Protocol?

CoW Protocol (COW) currently has a market cap of $84.52M, ranking #299 by market capitalization. Each COW trades at $0.1460.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

How does COW compare to USDT?

CoW Protocol's market cap of $84.52M sits orders of magnitude beyond Tether's $184.21B. For COW to reach USDT's current valuation, the price would need to move 2.2Kx 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 CoW Protocol'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.