LIVE
BTC$80,605.00▼ 1.61%ETH$2,365.42▼ 1.98%USDT$0.9991▲ 0.01%BNB$730.30▼ 2.36%XRP$1.28▼ 2.96%USDC$0.9996▲ 0.01%SOL$101.28▼ 3.57%TRX$0.3299▼ 0.02%FIGR_HELOC$1.02▼ 0.56%ZEC$1,155.29▼ 7.94%HYPE$75.94▼ 3.02%DOGE$0.0775▼ 3.61%XMR$596.61▼ 1.72%USDS$1.00▲ 0.02%WBT$78.26▼ 1.52%LINK$11.58▼ 4.18%LEO$9.04▲ 0.12%ADA$0.2074▼ 4.96%XLM$0.1702▼ 4.03%NEAR$4.44▼ 10.76%RAIN$0.008082▼ 4.38%BCH$276.56▼ 3.02%USDE$0.9995▲ 0.02%DAI$1.00▲ 0.01%LTC$56.28▼ 4.37%UNI$6.85▼ 4.58%CC$0.1011▼ 2.47%USD1$0.9989▲ 0.01%AVAX$8.89▼ 3.16%SUI$0.9437▼ 5.54%BTC$80,605.00▼ 1.61%ETH$2,365.42▼ 1.98%USDT$0.9991▲ 0.01%BNB$730.30▼ 2.36%XRP$1.28▼ 2.96%USDC$0.9996▲ 0.01%SOL$101.28▼ 3.57%TRX$0.3299▼ 0.02%FIGR_HELOC$1.02▼ 0.56%ZEC$1,155.29▼ 7.94%HYPE$75.94▼ 3.02%DOGE$0.0775▼ 3.61%XMR$596.61▼ 1.72%USDS$1.00▲ 0.02%WBT$78.26▼ 1.52%LINK$11.58▼ 4.18%LEO$9.04▲ 0.12%ADA$0.2074▼ 4.96%XLM$0.1702▼ 4.03%NEAR$4.44▼ 10.76%RAIN$0.008082▼ 4.38%BCH$276.56▼ 3.02%USDE$0.9995▲ 0.02%DAI$1.00▲ 0.01%LTC$56.28▼ 4.37%UNI$6.85▼ 4.58%CC$0.1011▼ 2.47%USD1$0.9989▲ 0.01%AVAX$8.89▼ 3.16%SUI$0.9437▼ 5.54%
G.MARKETS/PAIR ANALYSIS·Frax USD logoFRXUSD→Ethereum logoETH· LIVE· as of 14:04 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

FRXUSD WOULD BE
$0.00000000
currently $1.0000 · target mcap $288.98B
▲ 0.00x TO MATCHFRXUSD NEEDS A 2.8Kx MOVE TO MATCH ETH
COIN PROFILES·FRXUSD vs ETH
Frax USD logo
Frax USD
SOURCE

Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.

PRICE$1.0000
24H CHANGE▼ 0.02%
MARKET CAP$102.35MFDV $102.35M · Fully circulating
RANK#274
SUPPLY102.3M FRXUSD
DOMINANCE<0.01%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

Ethereum is a global, open-source platform for decentralized applications.

PRICE$2,365.42
24H CHANGE▼ 1.98%
MARKET CAP$288.98BFDV $288.98B · Fully circulating
RANK#2
SUPPLY122.2M ETH
DOMINANCE9.63%
7d▼ 2.24%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
2.8Kx bigger
FRXUSD$102.35M
ETH$288.98B
THE CLIMBFrax USD logoFRXUSD→Ethereum logoETHMULTIPLIER▲ 2.8KxGAP$288.88B
$1.00B$10.00B$100.00B
Frax USD logo
SOURCEFRXUSD$102.35M
Ethereum logo
TARGETETH$288.98B
Theo Short Duration US Treasury Fund logo
THBILL$117.40M
DGrid AI logo
DGAI$132.41M
Circle Internet Group (bStocks Tokenized Stock) logo
CRCLB$154.44M
dogwifhat logo
WIF$182.64M
FLOKI logo
FLOKI$224.86M
Collector Crypt logo
CARDS$275.34M
Re Protocol reUSD logo
REUSD$357.10M
Pyth Network logo
PYTH$540.92M
Lighter logo
LIT$778.23M
Internet Computer logo
ICP$1.49B
Ripple USD logo
RLUSD$2.47B
Ethena USDe logo
USDE$4.59B
log scale · mcap in USDOct 24, 2026
Frax USD logo
FRXUSDFrax USD
$102.35MSOURCE
Theo Short Duration US Treasury Fund logo
THBILL
$117.40M
DGrid AI logo
DGAI
$132.41M
Circle Internet Group (bStocks Tokenized Stock) logo
CRCLB
$154.44M
dogwifhat logo
WIF
$182.64M
FLOKI logo
FLOKI
$224.86M
Collector Crypt logo
CARDS
$275.34M
Re Protocol reUSD logo
REUSD
$357.10M
Pyth Network logo
PYTH
$540.92M
Lighter logo
LIT
$778.23M
Internet Computer logo
ICP
$1.49B
Ripple USD logo
RLUSD
$2.47B
Ethena USDe logo
USDE
$4.59B
Ethereum logo
ETHEthereum
$288.98BTARGET
mcap in USDOct 24, 2026
BAG SCENARIOS·IF FRXUSD HIT ETH MCAP·TARGET $2,823.53
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 FRXUSD$100.00$282,353.17+$282,253.17
Coffee money1K FRXUSD$999.99$2,823,531.68+$2,822,531.69
Small bag10K FRXUSD$9,999.85$28,235,316.76+$28,225,316.91
Real bag100K FRXUSD$99,998.50$282,353,167.59+$282,253,169.09
Whale bag1M FRXUSD$999,985.00$2,823,531,675.93+$2,822,531,690.93
Generational10M FRXUSD$9,999,850.00$28,235,316,759.27+$28,225,316,909.27
$288.98B compared to the world
WalmartWMT
$600.00B
ETH mcap is 48.2% of Walmart
VisaV
$580.00B
ETH mcap is 49.8% of Visa
UnitedHealthUNH
$450.00B
ETH mcap is 64.2% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 76.0% of Netflix
UberUBER
$160.00B
ETH mcap is 1.81× Uber
NikeNKE
$130.00B
ETH mcap is 2.22× Nike

About this comparison

This page compares the market capitalizations of Frax USD (FRXUSD) and Ethereum (ETH). With Frax USD currently at $1.0000 per coin and a market cap of $102.35M, and Ethereum at $2,365.42 with a market cap of $288.98B, applying Ethereum's market cap to Frax USD's circulating supply produces a hypothetical FRXUSD price of $2,823.53 — a 2.8Kx move from current.

Frax USD: Frax USD (frxUSD) is a fiat-redeemable, fully-collateralized stablecoin issued by the Frax Finance Protocol.

Ethereum: Ethereum is a global, open-source platform for decentralized applications.

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 USD had Ethereum's market cap, what would the price be?

If Frax USD (FRXUSD) had Ethereum's (ETH) current market cap of $288.98B, each FRXUSD would be worth approximately $2,823.53 based on the circulating supply of 102,347,780 FRXUSD. That is 2.8Kx the current FRXUSD price of $1.0000.

What is the current market cap of Frax USD?

Frax USD (FRXUSD) currently has a market cap of $102.35M, ranking #274 by market capitalization. Each FRXUSD trades at $1.0000.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $288.98B, ranking #2 by market capitalization. Each ETH trades at $2,365.42.

How does FRXUSD compare to ETH?

Frax USD's market cap of $102.35M sits orders of magnitude beyond Ethereum's $288.98B. For FRXUSD to reach ETH's current valuation, the price would need to move 2.8Kx 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 USD'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.