LIVE
BTC$64,015.00 0.73%ETH$1,797.99 0.76%USDT$0.9993 0.03%BNB$585.93 0.52%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.96 0.47%TRX$0.3293 0.15%FIGR_HELOC$1.04 0.52%HYPE$70.70 0.55%DOGE$0.0766 1.80%USDS$0.9998 0.01%RAIN$0.0151 0.18%LEO$9.39 1.38%ZEC$455.64 1.57%ADA$0.1844 2.80%XLM$0.1998 1.39%WBT$57.50 0.27%XMR$323.27 1.47%LINK$8.02 0.62%CC$0.1383 2.20%GRAM$1.79 0.47%BCH$241.60 0.93%LAB$15.42 7.67%DAI$0.9998 0.00%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.82 2.12%HBAR$0.0734 3.58%USDG$1.0000 0.00%BTC$64,015.00 0.73%ETH$1,797.99 0.76%USDT$0.9993 0.03%BNB$585.93 0.52%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.96 0.47%TRX$0.3293 0.15%FIGR_HELOC$1.04 0.52%HYPE$70.70 0.55%DOGE$0.0766 1.80%USDS$0.9998 0.01%RAIN$0.0151 0.18%LEO$9.39 1.38%ZEC$455.64 1.57%ADA$0.1844 2.80%XLM$0.1998 1.39%WBT$57.50 0.27%XMR$323.27 1.47%LINK$8.02 0.62%CC$0.1383 2.20%GRAM$1.79 0.47%BCH$241.60 0.93%LAB$15.42 7.67%DAI$0.9998 0.00%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.82 2.12%HBAR$0.0734 3.58%USDG$1.0000 0.00%
G.MARKETS/PAIR ANALYSIS·Hermez Network logoHEZTether logoUSDT· LIVE· as of 23:49 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

HEZ WOULD BE
$0.00000000
currently $3.09 · target mcap $184.21B
MULTIPLIER
0.00x

HEZ needs a 5.4Kx move to match USDT's valuation

REALITY CHECKAt HEZ's current 24h rate of +0.29%, compounding daily would take ~8.1 years to reach USDT's market cap.
COIN PROFILES·HEZ vs USDT
Hermez Network logo
Hermez Network
SOURCE

Hermez is a decentralized zk-rollup focused on scaling payments and token transfers on top of Ethereum.

PRICE$3.09
24H CHANGE 0.29%
MARKET CAP$34.08MFDV $34.08M · Fully circulating
RANK#588
SUPPLY11.1M HEZ
DOMINANCE<0.01%
VS
Tether logo
USDTVerified by G.MARKETS
Tether
TARGET

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9993
24H CHANGE 0.03%
MARKET CAP$184.21BFDV $189.67B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.11%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
5.4Kx bigger
HEZ$34.08M
USDT$184.21B
THE CLIMBHermez Network logoHEZTether logoUSDTMULTIPLIER 5.4KxGAP$184.18B
$100.00M$1.00B$10.00B$100.00B
Hermez Network logo
SOURCEHEZ$34.08M
Tether logo
TARGETUSDT$184.21B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
Genius logo
GENIUS$126.46M
Theta Network logo
THETA$144.56M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Unibase logo
UB$253.36M
Grass logo
GRASS$348.05M
TrueUSD logo
TUSD$493.61M
ADI logo
ADI$736.26M
Ethereum Classic logo
ETC$1.11B
World Liberty Financial logo
WLFI$1.86B
LAB logo
LAB$4.82B
log scale · mcap in USDJul 6, 2026
Hermez Network logo
HEZHermez Network
$34.08MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
Genius logo
GENIUS
$126.46M
Theta Network logo
THETA
$144.56M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Unibase logo
UB
$253.36M
Grass logo
GRASS
$348.05M
TrueUSD logo
TUSD
$493.61M
ADI logo
ADI
$736.26M
Ethereum Classic logo
ETC
$1.11B
World Liberty Financial logo
WLFI
$1.86B
LAB logo
LAB
$4.82B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF HEZ HIT USDT MCAP·TARGET $16,646.78
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 HEZ$309.00$1,664,678.30+$1,664,369.30
Coffee money1K HEZ$3,090.00$16,646,783.04+$16,643,693.04
Small bag10K HEZ$30,900.00$166,467,830.42+$166,436,930.42
Real bag100K HEZ$309,000.00$1,664,678,304.16+$1,664,369,304.16
Whale bag1M HEZ$3,090,000.00$16,646,783,041.62+$16,643,693,041.62
Generational10M HEZ$30,900,000.00$166,467,830,416.22+$166,436,930,416.22
$184.21B 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

About this comparison

This page compares the market capitalizations of Hermez Network (HEZ) and Tether (USDT). With Hermez Network currently at $3.09 per coin and a market cap of $34.08M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Hermez Network's circulating supply produces a hypothetical HEZ price of $16,646.78 — a 5.4Kx move from current.

Hermez Network: Hermez is a decentralized zk-rollup focused on scaling payments and token transfers on top of Ethereum.

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

If Hermez Network (HEZ) had Tether's (USDT) current market cap of $184.21B, each HEZ would be worth approximately $16,646.78 based on the circulating supply of 11,065,763 HEZ. That is 5.4Kx the current HEZ price of $3.09.

What is the current market cap of Hermez Network?

Hermez Network (HEZ) currently has a market cap of $34.08M, ranking #588 by market capitalization. Each HEZ trades at $3.09.

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 HEZ compare to USDT?

Hermez Network's market cap of $34.08M sits orders of magnitude beyond Tether's $184.21B. For HEZ to reach USDT's current valuation, the price would need to move 5.4Kx 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 Hermez Network'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.