LIVE
BTC$85,944.00▼ 0.57%ETH$2,716.49▼ 0.42%USDT$1.0000▲ 0.01%BNB$789.03▼ 0.85%XRP$1.51▼ 0.55%USDC$1.0000▲ 0.00%SOL$121.24▼ 0.54%TRX$0.3363▲ 0.17%FIGR_HELOC$1.03▲ 0.00%ZEC$1,343.85▼ 0.87%HYPE$94.93▲ 5.03%DOGE$0.0958▼ 0.91%XMR$559.48▲ 2.08%LINK$13.92▼ 2.34%ADA$0.2729▲ 3.42%WBT$85.88▼ 0.08%USDS$0.9999▼ 0.00%LEO$8.92▼ 0.69%RAIN$0.0115▲ 2.40%XLM$0.2167▼ 3.03%NEAR$5.25▲ 5.88%BCH$315.78▼ 0.80%UNI$9.12▲ 0.92%LTC$70.25▼ 0.55%CC$0.1265▼ 1.73%SUI$1.22▲ 0.44%USDE$0.9998▲ 0.01%AVAX$11.04▼ 0.52%DAI$0.9998▼ 0.03%HBAR$0.1022▼ 1.62%BTC$85,944.00▼ 0.57%ETH$2,716.49▼ 0.42%USDT$1.0000▲ 0.01%BNB$789.03▼ 0.85%XRP$1.51▼ 0.55%USDC$1.0000▲ 0.00%SOL$121.24▼ 0.54%TRX$0.3363▲ 0.17%FIGR_HELOC$1.03▲ 0.00%ZEC$1,343.85▼ 0.87%HYPE$94.93▲ 5.03%DOGE$0.0958▼ 0.91%XMR$559.48▲ 2.08%LINK$13.92▼ 2.34%ADA$0.2729▲ 3.42%WBT$85.88▼ 0.08%USDS$0.9999▼ 0.00%LEO$8.92▼ 0.69%RAIN$0.0115▲ 2.40%XLM$0.2167▼ 3.03%NEAR$5.25▲ 5.88%BCH$315.78▼ 0.80%UNI$9.12▲ 0.92%LTC$70.25▼ 0.55%CC$0.1265▼ 1.73%SUI$1.22▲ 0.44%USDE$0.9998▲ 0.01%AVAX$11.04▼ 0.52%DAI$0.9998▼ 0.03%HBAR$0.1022▼ 1.62%
G.MARKETS/PAIR ANALYSIS·Kusama logoKSM→Tether logoUSDT· LIVE· as of 22:40 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

KSM WOULD BE
$0.00000000
currently $5.25 · target mcap $184.08B
▲ 0.00x TO MATCHKSM NEEDS A 1.9Kx MOVE TO MATCH USDT
REALITY CHECKAt KSM's current 24h rate of +1.03%, compounding daily would take ~2.0 years to reach USDT's market cap.
COIN PROFILES·KSM vs USDT
Kusama logo
Kusama
SOURCE

Kusama is a public blockchain network that is running the exact same codebase as Polkadot.

PRICE$5.25
24H CHANGE▲ 1.03%
MARKET CAP$99.52MFDV $99.52M · Fully circulating
RANK#298
SUPPLY18.9M KSM
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$1.0000
24H CHANGE▲ 0.01%
MARKET CAP$184.08BFDV $189.54B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.02%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.8Kx bigger
KSM$99.52M
USDT$184.08B
THE CLIMBKusama logoKSM→Tether logoUSDTMULTIPLIER▲ 1.8KxGAP$183.98B
$1.00B$10.00B$100.00B
Kusama logo
SOURCEKSM$99.52M
Tether logo
TARGETUSDT$184.08B
AWE Network logo
AWE$131.02M
1INCH logo
1INCH$150.53M
Sonic logo
S$169.30M
Zama logo
ZAMA$214.37M
THORChain logo
RUNE$257.61M
The Graph logo
GRT$323.07M
SPX6900 logo
SPX$423.57M
Raydium logo
RAY$601.28M
NEXO logo
NEXO$849.38M
United Stables logo
U$1.53B
OKB logo
OKB$2.70B
Litecoin logo
LTC$5.46B
log scale · mcap in USDOct 5, 2026
Kusama logo
KSMKusama
$99.52MSOURCE
AWE Network logo
AWE
$131.02M
1INCH logo
1INCH
$150.53M
Sonic logo
S
$169.30M
Zama logo
ZAMA
$214.37M
THORChain logo
RUNE
$257.61M
The Graph logo
GRT
$323.07M
SPX6900 logo
SPX
$423.57M
Raydium logo
RAY
$601.28M
NEXO logo
NEXO
$849.38M
United Stables logo
U
$1.53B
OKB logo
OKB
$2.70B
Litecoin logo
LTC
$5.46B
Tether logo
USDTTether
$184.08BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF KSM HIT USDT MCAP·TARGET $9,719.19
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 KSM$525.00$971,919.06+$971,394.06
Coffee money1K KSM$5,250.00$9,719,190.60+$9,713,940.60
Small bag10K KSM$52,500.00$97,191,906.02+$97,139,406.02
Real bag100K KSM$525,000.00$971,919,060.18+$971,394,060.18
Whale bag1M KSM$5,250,000.00$9,719,190,601.85+$9,713,940,601.85
Generational10M KSM$52,500,000.00$97,191,906,018.48+$97,139,406,018.48
$184.08B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 40.9% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 48.4% 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 Kusama (KSM) and Tether (USDT). With Kusama currently at $5.25 per coin and a market cap of $99.52M, and Tether at $1.0000 with a market cap of $184.08B, applying Tether's market cap to Kusama's circulating supply produces a hypothetical KSM price of $9,719.19 — a 1.9Kx move from current.

Kusama: Kusama is a public blockchain network that is running the exact same codebase as Polkadot.

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

If Kusama (KSM) had Tether's (USDT) current market cap of $184.08B, each KSM would be worth approximately $9,719.19 based on the circulating supply of 18,939,437 KSM. That is 1.9Kx the current KSM price of $5.25.

What is the current market cap of Kusama?

Kusama (KSM) currently has a market cap of $99.52M, ranking #298 by market capitalization. Each KSM trades at $5.25.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.08B, ranking #3 by market capitalization. Each USDT trades at $1.0000.

How does KSM compare to USDT?

Kusama's market cap of $99.52M sits orders of magnitude beyond Tether's $184.08B. For KSM to reach USDT's current valuation, the price would need to move 1.9Kx 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 Kusama'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.