LIVE
BTC$64,191.00 0.83%ETH$1,803.90 0.74%USDT$0.9994 0.04%BNB$586.44 0.77%USDC$1.00 0.03%XRP$1.15 0.51%SOL$82.27 0.33%TRX$0.3296 0.15%FIGR_HELOC$1.04 0.52%HYPE$71.72 0.85%DOGE$0.0767 1.25%USDS$0.9998 0.01%RAIN$0.0151 0.30%LEO$9.39 1.37%ZEC$455.25 1.91%ADA$0.1844 2.81%XLM$0.1997 0.63%WBT$57.56 0.28%XMR$322.66 0.92%LINK$8.03 0.41%CC$0.1379 3.11%BCH$242.21 0.18%GRAM$1.79 0.56%LAB$14.96 9.30%DAI$0.9998 0.00%USD1$0.9987 0.00%USDE$0.9988 0.02%LTC$44.91 2.16%HBAR$0.0733 3.17%USDG$1.0000 0.00%BTC$64,191.00 0.83%ETH$1,803.90 0.74%USDT$0.9994 0.04%BNB$586.44 0.77%USDC$1.00 0.03%XRP$1.15 0.51%SOL$82.27 0.33%TRX$0.3296 0.15%FIGR_HELOC$1.04 0.52%HYPE$71.72 0.85%DOGE$0.0767 1.25%USDS$0.9998 0.01%RAIN$0.0151 0.30%LEO$9.39 1.37%ZEC$455.25 1.91%ADA$0.1844 2.81%XLM$0.1997 0.63%WBT$57.56 0.28%XMR$322.66 0.92%LINK$8.03 0.41%CC$0.1379 3.11%BCH$242.21 0.18%GRAM$1.79 0.56%LAB$14.96 9.30%DAI$0.9998 0.00%USD1$0.9987 0.00%USDE$0.9988 0.02%LTC$44.91 2.16%HBAR$0.0733 3.17%USDG$1.0000 0.00%
G.MARKETS/PAIR ANALYSIS·Frax (prev. FXS) logoFRAXUSDC logoUSDC· LIVE· as of 00:56 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

FRAX WOULD BE
$0.00000000
currently $0.2458 · target mcap $73.14B
MULTIPLIER
0.00x

FRAX needs a 3.2Kx move to match USDC's valuation

REALITY CHECKAt FRAX's current 24h rate of +1.02%, compounding daily would take ~2.2 years to reach USDC's market cap.
COIN PROFILES·FRAX vs USDC
Frax (prev. FXS) logo
Frax (prev. FXS)
SOURCE
PRICE$0.2458
24H CHANGE 1.02%
MARKET CAP$23.01MFDV $24.50M · 6% supply locked
RANK#765
SUPPLY93.6M FRAX
DOMINANCE<0.01%
VS
USDC logo
USDCVerified by G.MARKETS
USDC
TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$1.00
24H CHANGE 0.03%
MARKET CAP$73.14BFDV $73.14B · Fully circulating
RANK#5
SUPPLY73.1B USDC
DOMINANCE2.44%
7d 0.09%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
3.2Kx bigger
FRAX$23.01M
USDC$73.14B
THE CLIMBFrax (prev. FXS) logoFRAXUSDC logoUSDCMULTIPLIER 3.2KxGAP$73.11B
$100.00M$1.00B$10.00B
Frax (prev. FXS) logo
SOURCEFRAX$23.01M
USDC logo
TARGETUSDC$73.14B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
CASH logo
CASH$126.58M
Theta Network logo
THETA$144.99M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Grove logo
GROVE$247.60M
Sei logo
SEI$345.78M
A7A5 logo
A7A5$488.85M
Gate logo
GT$724.80M
United Stables logo
U$1.03B
OKB logo
OKB$1.69B
Dai logo
DAI$4.64B
log scale · mcap in USDJul 7, 2026
Frax (prev. FXS) logo
FRAXFrax (prev. FXS)
$23.01MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
CASH logo
CASH
$126.58M
Theta Network logo
THETA
$144.99M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Grove logo
GROVE
$247.60M
Sei logo
SEI
$345.78M
A7A5 logo
A7A5
$488.85M
Gate logo
GT
$724.80M
United Stables logo
U
$1.03B
OKB logo
OKB
$1.69B
Dai logo
DAI
$4.64B
USDC logo
USDCUSDC
$73.14BTARGET
mcap in USDJul 7, 2026
BAG SCENARIOS·IF FRAX HIT USDC MCAP·TARGET $781.30
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 FRAX$24.58$78,129.99+$78,105.41
Coffee money1K FRAX$245.81$781,299.90+$781,054.09
Small bag10K FRAX$2,458.10$7,812,999.00+$7,810,540.90
Real bag100K FRAX$24,581.00$78,129,989.98+$78,105,408.98
Whale bag1M FRAX$245,810.00$781,299,899.81+$781,054,089.81
Generational10M FRAX$2,458,100.00$7,812,998,998.12+$7,810,540,898.12
$73.14B compared to the world
UberUBER
$160.00B
USDC mcap is 45.7% of Uber
NikeNKE
$130.00B
USDC mcap is 56.3% of Nike
StarbucksSBUX
$100.00B
USDC mcap is 73.1% of Starbucks
SpotifySPOT
$90.00B
USDC mcap is 81.3% of Spotify
RobloxRBLX
$30.00B
USDC mcap is 2.44× Roblox
RedditRDDT
$25.00B
USDC mcap is 2.93× Reddit

About this comparison

This page compares the market capitalizations of Frax (prev. FXS) (FRAX) and USDC (USDC). With Frax (prev. FXS) currently at $0.2458 per coin and a market cap of $23.01M, and USDC at $1.00 with a market cap of $73.14B, applying USDC's market cap to Frax (prev. FXS)'s circulating supply produces a hypothetical FRAX price of $781.30 — a 3.2Kx move from current.

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 Frax (prev. FXS) had USDC's market cap, what would the price be?

If Frax (prev. FXS) (FRAX) had USDC's (USDC) current market cap of $73.14B, each FRAX would be worth approximately $781.30 based on the circulating supply of 93,608,635 FRAX. That is 3.2Kx the current FRAX price of $0.2458.

What is the current market cap of Frax (prev. FXS)?

Frax (prev. FXS) (FRAX) currently has a market cap of $23.01M, ranking #765 by market capitalization. Each FRAX trades at $0.2458.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $73.14B, ranking #5 by market capitalization. Each USDC trades at $1.00.

How does FRAX compare to USDC?

Frax (prev. FXS)'s market cap of $23.01M sits orders of magnitude beyond USDC's $73.14B. For FRAX to reach USDC's current valuation, the price would need to move 3.2Kx 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 Frax (prev. FXS)'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.