If had 's mcap →
GMX needs a 3.0Kx move to match USDT's valuation
GMX is a leading permissionless onchain exchange, enabling you to trade 70+ assets with up to 100x leverage from your self-custody wallet.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$184.21B compared to the worldAbout this comparison
This page compares the market capitalizations of GMX (GMX) and Tether (USDT). With GMX currently at $5.97 per coin and a market cap of $62.27M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to GMX's circulating supply produces a hypothetical GMX price of $17,658.48 — a 3.0Kx move from current.
GMX: GMX is a leading permissionless onchain exchange, enabling you to trade 70+ assets with up to 100x leverage from your self-custody wallet.
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 GMX had Tether's market cap, what would the price be?
If GMX (GMX) had Tether's (USDT) current market cap of $184.21B, each GMX would be worth approximately $17,658.48 based on the circulating supply of 10,431,781 GMX. That is 3.0Kx the current GMX price of $5.97.
What is the current market cap of GMX?
GMX (GMX) currently has a market cap of $62.27M, ranking #385 by market capitalization. Each GMX trades at $5.97.
What is the current market cap of Tether?
Tether (USDT) currently has a market cap of $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.
How does GMX compare to USDT?
GMX's market cap of $62.27M sits orders of magnitude beyond Tether's $184.21B. For GMX to reach USDT's current valuation, the price would need to move 3.0Kx 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 GMX'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.