ACTIVE

FRAX→

USDT

FRAX WOULD BE$768.95

MULTIPLIER▲ 777x

TARGET MCAP$184.22B

G.MARKETS/PAIR ANALYSIS·

FRAX→

USDT· LIVE· as of 21:34 UTC

THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

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

If Legacy Frax Dollar (FRAX) had Tether's (USDT) current market cap of $184.22B, each FRAX would be worth approximately $768.95 based on the circulating supply of 239,570,046 FRAX. That is 777x the current FRAX price of $0.9898.

Q: What is the current market cap of Legacy Frax Dollar?

Legacy Frax Dollar (FRAX) currently has a market cap of $237.14M, ranking #150 by market capitalization. Each FRAX trades at $0.9898.

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 FRAX compare to USDT?

Legacy Frax Dollar's market cap of $237.14M sits far above Tether's $184.22B. For FRAX to reach USDT's current valuation, the price would need to move 777x 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 Legacy Frax Dollar'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.

FRAX WOULD BE

$0.00000000

currently $0.9898 · target mcap $184.22B

MULTIPLIER

▲0.00x

FRAX needs a 777x move to match USDT's valuation

COIN PROFILES·FRAX vs USDT

FRAXUnverified

Legacy Frax Dollar

SOURCE

The first fractional-algorithmic stablecoin

PRICE$0.9898

24H CHANGE▼ 0.02%

MARKET CAP$237.14MFDV $237.14M · Fully circulating

RANK#150

SUPPLY239.6M FRAX

DOMINANCE<0.01%

7d▼ 0.05%

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

FRAX$237.14M

USDT$184.22B

THE CLIMB

FRAX→

USDTMULTIPLIER▲ 777xGAP$183.98B

$1.00B$10.00B$100.00B

SOURCEFRAX$237.14M

TARGETUSDT$184.22B

LDO$240.46M

KITE$285.37M

PYTH$361.16M

EURC$436.85M

USD0$552.57M

币安人生$725.74M

KAS$830.81M

PEPE$1.16B

USDD$1.48B

BUIDL$2.25B

USDE$4.42B

ZEC$7.66B

log scale · mcap in USDJul 6, 2026

FRAXLegacy Frax Dollar

$237.14MSOURCE

LDO

$240.46M

KITE

$285.37M

PYTH

$361.16M

EURC

$436.85M

USD0

$552.57M

币安人生

$725.74M

KAS

$830.81M

PEPE

$1.16B

USDD

$1.48B

BUIDL

$2.25B

USDE

$4.42B

ZEC

$7.66B

USDTTether

$184.22BTARGET

mcap in USDJul 6, 2026

BAG SCENARIOS·IF FRAX HIT USDT MCAP·TARGET $768.95

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 FRAX$98.98$76,895.11+$76,796.13

Coffee money1K FRAX$989.85$768,951.12+$767,961.27

Small bag10K FRAX$9,898.47$7,689,511.18+$7,679,612.71

Real bag100K FRAX$98,984.70$76,895,111.84+$76,796,127.14

Whale bag1M FRAX$989,847.00$768,951,118.35+$767,961,271.35

Generational10M FRAX$9,898,470.00$7,689,511,183.55+$7,679,612,713.55

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 Legacy Frax Dollar (FRAX) and Tether (USDT). With Legacy Frax Dollar currently at $0.9898 per coin and a market cap of $237.14M, and Tether at $0.9994 with a market cap of $184.22B, applying Tether's market cap to Legacy Frax Dollar's circulating supply produces a hypothetical FRAX price of $768.95 — a 777x move from current.

Legacy Frax Dollar: The first fractional-algorithmic stablecoin

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 Legacy Frax Dollar had Tether's market cap, what would the price be?

If Legacy Frax Dollar (FRAX) had Tether's (USDT) current market cap of $184.22B, each FRAX would be worth approximately $768.95 based on the circulating supply of 239,570,046 FRAX. That is 777x the current FRAX price of $0.9898.

What is the current market cap of Legacy Frax Dollar?

Legacy Frax Dollar (FRAX) currently has a market cap of $237.14M, ranking #150 by market capitalization. Each FRAX trades at $0.9898.

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 FRAX compare to USDT?

Legacy Frax Dollar's market cap of $237.14M sits far above Tether's $184.22B. For FRAX to reach USDT's current valuation, the price would need to move 777x 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 Legacy Frax Dollar'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 FRAX▾ had USDT▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

If had 's mcap →