ACTIVE

DYDX→

USDT

DYDX WOULD BE$217.19

MULTIPLIER▲ 1.7Kx

TARGET MCAP$184.22B

G.MARKETS/PAIR ANALYSIS·

DYDX→

USDT· LIVE· as of 23:15 UTC

THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

Q: If dYdX had Tether's market cap, what would the price be?

If dYdX (DYDX) had Tether's (USDT) current market cap of $184.22B, each DYDX would be worth approximately $217.17 based on the circulating supply of 848,250,796 DYDX. That is 1.7Kx the current DYDX price of $0.1292.

Q: What is the current market cap of dYdX?

dYdX (DYDX) currently has a market cap of $109.59M, ranking #253 by market capitalization. Each DYDX trades at $0.1292.

Q: What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.22B, ranking #3 by market capitalization. Each USDT trades at $0.9994.

Q: How does DYDX compare to USDT?

dYdX's market cap of $109.59M sits orders of magnitude beyond Tether's $184.22B. For DYDX to reach USDT's current valuation, the price would need to move 1.7Kx from its current level.

Q: Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming dYdX'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.

DYDX WOULD BE

$0.00000000

currently $0.1292 · target mcap $184.22B

MULTIPLIER

▲0.00x

DYDX needs a 1.7Kx move to match USDT's valuation

COIN PROFILES·DYDX vs USDT

DYDXUnverified

dYdX

SOURCE

dYdX is DeFi’s pro trading platform and a pioneer in decentralized finance, known for being the first to offer decentralized margin trading and derivatives, as well as inventing…

PRICE$0.1292

24H CHANGE▼ 1.92%

MARKET CAP$109.59MFDV $123.82M · 11% supply locked

RANK#253

SUPPLY848.3M DYDX

DOMINANCE<0.01%

USDT

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$184.22BFDV $189.68B · 3% supply locked

RANK#3

SUPPLY184.3B USDT

DOMINANCE6.14%

7d▲ 0.10%

PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

DYDX$109.59M

USDT$184.22B

THE CLIMB

DYDX→

USDTMULTIPLIER▲ 1.7KxGAP$184.11B

$1.00B$10.00B$100.00B

SOURCEDYDX$109.59M

TARGETUSDT$184.22B

GALA$110.46M

CASH$126.55M

THETA$144.80M

EIGEN$171.01M

VELVET$202.39M

2Z$253.80M

GRASS$350.22M

TUSD$493.78M

ADI$735.99M

ETC$1.12B

WLFI$1.87B

LAB$4.84B

log scale · mcap in USDJul 6, 2026

DYDXdYdX

$109.59MSOURCE

GALA

$110.46M

CASH

$126.55M

THETA

$144.80M

EIGEN

$171.01M

VELVET

$202.39M

$253.80M

GRASS

$350.22M

TUSD

$493.78M

ADI

$735.99M

ETC

$1.12B

WLFI

$1.87B

LAB

$4.84B

USDTTether

$184.22BTARGET

mcap in USDJul 6, 2026

BAG SCENARIOS·IF DYDX HIT USDT MCAP·TARGET $217.17

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 DYDX$12.92$21,717.10+$21,704.18

Coffee money1K DYDX$129.21$217,171.05+$217,041.84

Small bag10K DYDX$1,292.11$2,171,710.46+$2,170,418.35

Real bag100K DYDX$12,921.10$21,717,104.65+$21,704,183.55

Whale bag1M DYDX$129,211.00$217,171,046.46+$217,041,835.46

Generational10M DYDX$1,292,110.00$2,171,710,464.55+$2,170,418,354.55

FOR CONTEXT

$184.22B 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

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of dYdX (DYDX) and Tether (USDT). With dYdX currently at $0.1292 per coin and a market cap of $109.59M, and Tether at $0.9994 with a market cap of $184.22B, applying Tether's market cap to dYdX's circulating supply produces a hypothetical DYDX price of $217.17 — a 1.7Kx move from current.

dYdX: dYdX is DeFi’s pro trading platform and a pioneer in decentralized finance, known for being the first to offer decentralized margin trading and derivatives, as well as inventing…

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

If dYdX (DYDX) had Tether's (USDT) current market cap of $184.22B, each DYDX would be worth approximately $217.17 based on the circulating supply of 848,250,796 DYDX. That is 1.7Kx the current DYDX price of $0.1292.

What is the current market cap of dYdX?

dYdX (DYDX) currently has a market cap of $109.59M, ranking #253 by market capitalization. Each DYDX trades at $0.1292.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.22B, ranking #3 by market capitalization. Each USDT trades at $0.9994.

How does DYDX compare to USDT?

dYdX's market cap of $109.59M sits orders of magnitude beyond Tether's $184.22B. For DYDX to reach USDT's current valuation, the price would need to move 1.7Kx 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 dYdX'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.

If DYDX▾ had USDT▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

If had 's mcap →