LIVE
BTC$85,682.00▲ 0.63%ETH$2,703.55▲ 0.30%USDT$0.9998▼ 0.01%BNB$787.28▲ 0.09%XRP$1.50▲ 0.29%USDC$0.9999▼ 0.01%SOL$119.62▼ 1.57%TRX$0.3363▲ 0.25%FIGR_HELOC$1.07▲ 0.00%ZEC$1,334.86▲ 0.62%HYPE$92.45▲ 2.76%DOGE$0.0953▲ 1.73%LINK$13.93▼ 1.40%XMR$550.13▲ 0.08%ADA$0.2709▲ 10.40%WBT$85.47▲ 0.85%USDS$0.9998▼ 0.02%RAIN$0.0117▼ 3.11%LEO$8.95▼ 0.51%XLM$0.2170▲ 0.28%NEAR$5.03▲ 3.46%BCH$313.80▼ 1.25%UNI$8.94▼ 1.08%LTC$71.17▼ 0.03%SUI$1.20▼ 0.31%CC$0.1236▼ 1.26%USDE$0.9997▼ 0.00%AVAX$10.90▼ 1.19%DAI$0.9998▲ 0.01%HBAR$0.1015▼ 0.76%BTC$85,682.00▲ 0.63%ETH$2,703.55▲ 0.30%USDT$0.9998▼ 0.01%BNB$787.28▲ 0.09%XRP$1.50▲ 0.29%USDC$0.9999▼ 0.01%SOL$119.62▼ 1.57%TRX$0.3363▲ 0.25%FIGR_HELOC$1.07▲ 0.00%ZEC$1,334.86▲ 0.62%HYPE$92.45▲ 2.76%DOGE$0.0953▲ 1.73%LINK$13.93▼ 1.40%XMR$550.13▲ 0.08%ADA$0.2709▲ 10.40%WBT$85.47▲ 0.85%USDS$0.9998▼ 0.02%RAIN$0.0117▼ 3.11%LEO$8.95▼ 0.51%XLM$0.2170▲ 0.28%NEAR$5.03▲ 3.46%BCH$313.80▼ 1.25%UNI$8.94▼ 1.08%LTC$71.17▼ 0.03%SUI$1.20▼ 0.31%CC$0.1236▼ 1.26%USDE$0.9997▼ 0.00%AVAX$10.90▼ 1.19%DAI$0.9998▲ 0.01%HBAR$0.1015▼ 0.76%
G.MARKETS/PAIR ANALYSIS·Derive logoDRV→Tether logoUSDT· LIVE· as of 14:37 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

DRV WOULD BE
$0.00000000
currently $0.4077 · target mcap $184.06B
▲ 0.00x TO MATCHDRV NEEDS A 452x MOVE TO MATCH USDT
COIN PROFILES·DRV vs USDT
Derive logo
Derive
SOURCE

Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.

PRICE$0.4077
24H CHANGE▼ 1.50%
MARKET CAP$407.53MFDV $611.51M · 33% supply locked
RANK#127
SUPPLY999.7M DRV
DOMINANCE0.01%
7d▲ 3.89%
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$0.9998
24H CHANGE▼ 0.01%
MARKET CAP$184.06BFDV $189.52B · 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
452x bigger
DRV$407.53M
USDT$184.06B
THE CLIMBDerive logoDRV→Tether logoUSDTMULTIPLIER▲ 452xGAP$183.65B
$1.00B$10.00B$100.00B
Derive logo
SOURCEDRV$407.53M
Tether logo
TARGETUSDT$184.06B
SPX6900 logo
SPX$416.81M
币安人生 (BinanceLife) logo
币安人生$504.44M
Pudgy Penguins logo
PENGU$604.21M
​​Stable logo
STABLE$719.20M
Aerodrome Finance logo
AERO$852.64M
POL (ex-MATIC) logo
POL$1.14B
United Stables logo
U$1.53B
Polkadot logo
DOT$2.04B
OKB logo
OKB$2.64B
Shiba Inu logo
SHIB$3.47B
Uniswap logo
UNI$5.58B
Chainlink logo
LINK$10.41B
log scale · mcap in USDOct 5, 2026
Derive logo
DRVDerive
$407.53MSOURCE
SPX6900 logo
SPX
$416.81M
币安人生 (BinanceLife) logo
币安人生
$504.44M
Pudgy Penguins logo
PENGU
$604.21M
​​Stable logo
STABLE
$719.20M
Aerodrome Finance logo
AERO
$852.64M
POL (ex-MATIC) logo
POL
$1.14B
United Stables logo
U
$1.53B
Polkadot logo
DOT
$2.04B
OKB logo
OKB
$2.64B
Shiba Inu logo
SHIB
$3.47B
Uniswap logo
UNI
$5.58B
Chainlink logo
LINK
$10.41B
Tether logo
USDTTether
$184.06BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF DRV HIT USDT MCAP·TARGET $184.12
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 DRV$40.77$18,412.02+$18,371.25
Coffee money1K DRV$407.69$184,120.15+$183,712.46
Small bag10K DRV$4,076.91$1,841,201.55+$1,837,124.64
Real bag100K DRV$40,769.10$18,412,015.49+$18,371,246.39
Whale bag1M DRV$407,691.00$184,120,154.89+$183,712,463.89
Generational10M DRV$4,076,910.00$1,841,201,548.93+$1,837,124,638.93
$184.06B 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 Derive (DRV) and Tether (USDT). With Derive currently at $0.4077 per coin and a market cap of $407.53M, and Tether at $0.9998 with a market cap of $184.06B, applying Tether's market cap to Derive's circulating supply produces a hypothetical DRV price of $184.12 — a 452x move from current.

Derive: Derive is a decentralized protocol that creates programmable onchain options, perpetuals, and structured products.

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

If Derive (DRV) had Tether's (USDT) current market cap of $184.06B, each DRV would be worth approximately $184.12 based on the circulating supply of 999,651,309 DRV. That is 452x the current DRV price of $0.4077.

What is the current market cap of Derive?

Derive (DRV) currently has a market cap of $407.53M, ranking #127 by market capitalization. Each DRV trades at $0.4077.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.06B, ranking #3 by market capitalization. Each USDT trades at $0.9998.

How does DRV compare to USDT?

Derive's market cap of $407.53M sits far above Tether's $184.06B. For DRV to reach USDT's current valuation, the price would need to move 452x 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 Derive'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.