G.MARKETS
BTC$60,214.00-2.33%
LIVE
BTC$60,214.00▼ 2.33%ETH$1,570.26▼ 4.83%USDT$0.9985▼ 0.00%BNB$567.13▼ 0.29%USDC$0.9997▼ 0.01%XRP$1.04▼ 3.92%SOL$69.81▲ 1.22%TRX$0.3220▼ 2.07%FIGR_HELOC$1.03▲ 0.61%HYPE$64.48▲ 1.26%DOGE$0.0745▼ 3.41%RAIN$0.0157▼ 1.05%USDS$0.9995▼ 0.03%LEO$9.27▼ 0.50%ZEC$409.72▼ 1.78%XLM$0.1775▼ 4.48%CC$0.1498▼ 1.46%XMR$308.44▼ 2.01%LAB$18.48▲ 8.74%WBT$48.67▼ 3.08%LINK$7.27▼ 3.20%ADA$0.1450▼ 2.95%USD1$0.9990▼ 0.02%DAI$0.9997▲ 0.01%USDE$0.9980▼ 0.02%GRAM$1.58▼ 1.19%BCH$194.87▼ 0.32%LTC$41.46▼ 0.62%HBAR$0.0734▼ 0.65%USYC$1.13▼ 0.01%BTC$60,214.00▼ 2.33%ETH$1,570.26▼ 4.83%USDT$0.9985▼ 0.00%BNB$567.13▼ 0.29%USDC$0.9997▼ 0.01%XRP$1.04▼ 3.92%SOL$69.81▲ 1.22%TRX$0.3220▼ 2.07%FIGR_HELOC$1.03▲ 0.61%HYPE$64.48▲ 1.26%DOGE$0.0745▼ 3.41%RAIN$0.0157▼ 1.05%USDS$0.9995▼ 0.03%LEO$9.27▼ 0.50%ZEC$409.72▼ 1.78%XLM$0.1775▼ 4.48%CC$0.1498▼ 1.46%XMR$308.44▼ 2.01%LAB$18.48▲ 8.74%WBT$48.67▼ 3.08%LINK$7.27▼ 3.20%ADA$0.1450▼ 2.95%USD1$0.9990▼ 0.02%DAI$0.9997▲ 0.01%USDE$0.9980▼ 0.02%GRAM$1.58▼ 1.19%BCH$194.87▼ 0.32%LTC$41.46▼ 0.62%HBAR$0.0734▼ 0.65%USYC$1.13▼ 0.01%
ACTIVEHex Trust USDUSDX→EthereumETH
USDX WOULD BE$7,943.28
MULTIPLIER▲ 8.0Kx
TARGET MCAP$189.52B
G.MARKETS/PAIR ANALYSIS·Hex Trust USD logoUSDX→Ethereum logoETH· LIVE· as of 15:17 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

USDX WOULD BE
$0.00000000
currently $0.9981 · target mcap $189.52B
MULTIPLIER
▲0.00x

USDX needs a 8.0Kx move to match ETH's valuation

COIN PROFILES·USDX vs ETH
Hex Trust USD logo
USDXUnverified
Hex Trust USD
SOURCE

USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains.

PRICE$0.9981
24H CHANGE▼ 0.02%
MARKET CAP$23.81MFDV $23.81M · Fully circulating
RANK#718
SUPPLY23.9M USDX
DOMINANCE<0.01%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

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

PRICE$1,570.26
24H CHANGE▼ 4.83%
MARKET CAP$189.52BFDV $189.52B · Fully circulating
RANK#2
SUPPLY120.7M ETH
DOMINANCE6.32%
7d▼ 15.45%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
8.0Kx bigger
USDX$23.81M
ETH$189.52B
THE CLIMBHex Trust USD logoUSDX→Ethereum logoETHMULTIPLIER▲ 8.0KxGAP$189.50B
$100.00M$1.00B$10.00B$100.00B
Hex Trust USD logo
SOURCEUSDX$23.81M
Ethereum logo
TARGETETH$189.52B
Tradable LatAm Middle-Market Lender SSTL logo
PC0000085$106.50M
OriginTrail logo
TRAC$120.51M
NEO logo
NEO$135.13M
Ethereum Name Service logo
ENS$165.55M
Kaia logo
KAIA$202.70M
DoubleZero logo
2Z$228.74M
Kite logo
KITE$340.29M
A7A5 logo
A7A5$487.94M
JUST logo
JST$703.16M
DeXe logo
DEXE$1.05B
PAX Gold logo
PAXG$1.82B
USD1 logo
USD1$4.69B
log scale · mcap in USDJun 30, 2026
Hex Trust USD logo
USDXHex Trust USD
$23.81MSOURCE
Tradable LatAm Middle-Market Lender SSTL logo
PC0000085
$106.50M
OriginTrail logo
TRAC
$120.51M
NEO logo
NEO
$135.13M
Ethereum Name Service logo
ENS
$165.55M
Kaia logo
KAIA
$202.70M
DoubleZero logo
2Z
$228.74M
Kite logo
KITE
$340.29M
A7A5 logo
A7A5
$487.94M
JUST logo
JST
$703.16M
DeXe logo
DEXE
$1.05B
PAX Gold logo
PAXG
$1.82B
USD1 logo
USD1
$4.69B
Ethereum logo
ETHEthereum
$189.52BTARGET
mcap in USDJun 30, 2026
BAG SCENARIOS·IF USDX HIT ETH MCAP·TARGET $7,943.27
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDX$99.81$794,327.47+$794,227.66
Coffee money1K USDX$998.11$7,943,274.75+$7,942,276.64
Small bag10K USDX$9,981.05$79,432,747.48+$79,422,766.43
Real bag100K USDX$99,810.50$794,327,474.78+$794,227,664.28
Whale bag1M USDX$998,105.00$7,943,274,747.84+$7,942,276,642.84
Generational10M USDX$9,981,050.00$79,432,747,478.37+$79,422,766,428.37

FOR CONTEXT

$189.52B compared to the world
UnitedHealthUNH
$450.00B
ETH mcap is 42.1% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 49.9% of Netflix
UberUBER
$160.00B
ETH mcap is 1.18× Uber
NikeNKE
$130.00B
ETH mcap is 1.46× Nike
StarbucksSBUX
$100.00B
ETH mcap is 1.90× Starbucks
SpotifySPOT
$90.00B
ETH mcap is 2.11× Spotify
RELATED COMPARISONS·OTHER WAYS TO ASK
Hex Trust USD logoUSDX→Bitcoin logoBTCVerified by G.MARKETS
$50,593.66▲ 50.7Kx
Hex Trust USD logoUSDX→Tether logoUSDTVerified by G.MARKETS
$7,798.09▲ 7.8Kx
Hex Trust USD logoUSDX→BNB logoBNBVerified by G.MARKETS
$3,204.14▲ 3.2Kx
Hex Trust USD logoUSDX→USDC logoUSDCVerified by G.MARKETS
$3,086.18▲ 3.1Kx
Hex Trust USD logoUSDX→XRP logoXRPVerified by G.MARKETS
$2,711.53▲ 2.7Kx
Hex Trust USD logoUSDX→Solana logoSOLVerified by G.MARKETS
$1,699.41▲ 1.7Kx

About this comparison

This page compares the market capitalizations of Hex Trust USD (USDX) and Ethereum (ETH). With Hex Trust USD currently at $0.9981 per coin and a market cap of $23.81M, and Ethereum at $1,570.26 with a market cap of $189.52B, applying Ethereum's market cap to Hex Trust USD's circulating supply produces a hypothetical USDX price of $7,943.27 — a 8.0Kx move from current.

Hex Trust USD: USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains.

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

If Hex Trust USD (USDX) had Ethereum's (ETH) current market cap of $189.52B, each USDX would be worth approximately $7,943.27 based on the circulating supply of 23,859,619 USDX. That is 8.0Kx the current USDX price of $0.9981.

What is the current market cap of Hex Trust USD?

Hex Trust USD (USDX) currently has a market cap of $23.81M, ranking #718 by market capitalization. Each USDX trades at $0.9981.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $189.52B, ranking #2 by market capitalization. Each ETH trades at $1,570.26.

How does USDX compare to ETH?

Hex Trust USD's market cap of $23.81M sits orders of magnitude beyond Ethereum's $189.52B. For USDX to reach ETH's current valuation, the price would need to move 8.0Kx 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 Hex Trust 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.