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·Kusama logoKSMTether logoUSDT· LIVE· as of 23:48 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

KSM WOULD BE
$0.00000000
currently $3.46 · target mcap $184.21B
MULTIPLIER
0.00x

KSM needs a 2.9Kx move to match USDT's valuation

REALITY CHECKAt KSM's current 24h rate of +4.88%, compounding daily would take ~168 days 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$3.46
24H CHANGE 4.88%
MARKET CAP$63.86MFDV $63.86M · Fully circulating
RANK#373
SUPPLY18.5M 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$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
2.9Kx bigger
KSM$63.86M
USDT$184.21B
THE CLIMBKusama logoKSMTether logoUSDTMULTIPLIER 2.9KxGAP$184.15B
$100.00M$1.00B$10.00B$100.00B
Kusama logo
SOURCEKSM$63.86M
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
Kusama logo
KSMKusama
$63.86MSOURCE
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 KSM HIT USDT MCAP·TARGET $9,972.63
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 KSM$346.00$997,262.91+$996,916.91
Coffee money1K KSM$3,460.00$9,972,629.06+$9,969,169.06
Small bag10K KSM$34,600.00$99,726,290.61+$99,691,690.61
Real bag100K KSM$346,000.00$997,262,906.14+$996,916,906.14
Whale bag1M KSM$3,460,000.00$9,972,629,061.43+$9,969,169,061.43
Generational10M KSM$34,600,000.00$99,726,290,614.30+$99,691,690,614.30
$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 Kusama (KSM) and Tether (USDT). With Kusama currently at $3.46 per coin and a market cap of $63.86M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Kusama's circulating supply produces a hypothetical KSM price of $9,972.63 — a 2.9Kx 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 $184.21B, each KSM would be worth approximately $9,972.63 based on the circulating supply of 18,471,493 KSM. That is 2.9Kx the current KSM price of $3.46.

What is the current market cap of Kusama?

Kusama (KSM) currently has a market cap of $63.86M, ranking #373 by market capitalization. Each KSM trades at $3.46.

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 KSM compare to USDT?

Kusama's market cap of $63.86M sits orders of magnitude beyond Tether's $184.21B. For KSM to reach USDT's current valuation, the price would need to move 2.9Kx 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.