LIVE
BTC$85,630.00▲ 0.56%ETH$2,701.44▲ 0.20%USDT$0.9998▼ 0.01%BNB$787.02▲ 0.01%XRP$1.50▲ 0.07%USDC$0.9999▼ 0.01%SOL$119.45▼ 1.67%TRX$0.3364▲ 0.24%FIGR_HELOC$1.07▲ 0.00%ZEC$1,329.82▲ 0.20%HYPE$92.25▲ 2.43%DOGE$0.0951▲ 1.56%LINK$13.93▼ 1.58%XMR$549.94▲ 0.12%WBT$85.42▲ 0.79%ADA$0.2701▲ 9.92%USDS$0.9997▼ 0.02%RAIN$0.0117▼ 3.13%LEO$8.95▼ 0.51%XLM$0.2164▼ 0.19%NEAR$4.99▲ 2.73%BCH$313.23▼ 1.44%UNI$8.92▼ 1.39%LTC$71.15▼ 0.38%CC$0.1237▼ 1.35%SUI$1.19▼ 0.67%USDE$0.9996▼ 0.01%AVAX$10.87▼ 1.53%DAI$0.9998▼ 0.00%HBAR$0.1013▼ 1.19%BTC$85,630.00▲ 0.56%ETH$2,701.44▲ 0.20%USDT$0.9998▼ 0.01%BNB$787.02▲ 0.01%XRP$1.50▲ 0.07%USDC$0.9999▼ 0.01%SOL$119.45▼ 1.67%TRX$0.3364▲ 0.24%FIGR_HELOC$1.07▲ 0.00%ZEC$1,329.82▲ 0.20%HYPE$92.25▲ 2.43%DOGE$0.0951▲ 1.56%LINK$13.93▼ 1.58%XMR$549.94▲ 0.12%WBT$85.42▲ 0.79%ADA$0.2701▲ 9.92%USDS$0.9997▼ 0.02%RAIN$0.0117▼ 3.13%LEO$8.95▼ 0.51%XLM$0.2164▼ 0.19%NEAR$4.99▲ 2.73%BCH$313.23▼ 1.44%UNI$8.92▼ 1.39%LTC$71.15▼ 0.38%CC$0.1237▼ 1.35%SUI$1.19▼ 0.67%USDE$0.9996▼ 0.01%AVAX$10.87▼ 1.53%DAI$0.9998▼ 0.00%HBAR$0.1013▼ 1.19%
G.MARKETS/PAIR ANALYSIS·Liquity USD logoLUSD→Tether logoUSDT· LIVE· as of 14:43 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

LUSD WOULD BE
$0.00000000
currently $1.01 · target mcap $184.06B
▲ 0.00x TO MATCHLUSD NEEDS A 7.0Kx MOVE TO MATCH USDT
REALITY CHECKAt LUSD's current 24h rate of +0.18%, compounding daily would take ~13 years to reach USDT's market cap.
COIN PROFILES·LUSD vs USDT
Liquity USD logo
Liquity USD
SOURCE

LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol.

PRICE$1.01
24H CHANGE▲ 0.18%
MARKET CAP$26.24MFDV $26.24M · Fully circulating
RANK#758
SUPPLY26.1M LUSD
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$0.9998
24H CHANGE▼ 0.01%
MARKET CAP$184.06BFDV $189.52B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
7.0Kx bigger
LUSD$26.24M
USDT$184.06B
THE CLIMBLiquity USD logoLUSD→Tether logoUSDTMULTIPLIER▲ 7.0KxGAP$184.03B
$100.00M$1.00B$10.00B$100.00B
Liquity USD logo
SOURCELUSD$26.24M
Tether logo
TARGETUSDT$184.06B
Horizen logo
ZEN$127.31M
GUSD logo
GUSD$149.53M
Non-Playable Coin logo
NPC$168.04M
Zama logo
ZAMA$211.21M
Zebec Network logo
ZBCN$253.14M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG$321.23M
SPX6900 logo
SPX$417.36M
Curve DAO logo
CRV$587.50M
Aerodrome Finance logo
AERO$853.09M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO$1.53B
OKB logo
OKB$2.65B
Litecoin logo
LTC$5.53B
log scale · mcap in USDOct 5, 2026
Liquity USD logo
LUSDLiquity USD
$26.24MSOURCE
Horizen logo
ZEN
$127.31M
GUSD logo
GUSD
$149.53M
Non-Playable Coin logo
NPC
$168.04M
Zama logo
ZAMA
$211.21M
Zebec Network logo
ZBCN
$253.14M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG
$321.23M
SPX6900 logo
SPX
$417.36M
Curve DAO logo
CRV
$587.50M
Aerodrome Finance logo
AERO
$853.09M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO
$1.53B
OKB logo
OKB
$2.65B
Litecoin logo
LTC
$5.53B
Tether logo
USDTTether
$184.06BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF LUSD HIT USDT MCAP·TARGET $7,051.60
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 LUSD$100.50$705,159.85+$705,059.35
Coffee money1K LUSD$1,005.00$7,051,598.55+$7,050,593.55
Small bag10K LUSD$10,050.00$70,515,985.46+$70,505,935.46
Real bag100K LUSD$100,500.00$705,159,854.58+$705,059,354.58
Whale bag1M LUSD$1,005,000.00$7,051,598,545.80+$7,050,593,545.80
Generational10M LUSD$10,050,000.00$70,515,985,457.97+$70,505,935,457.97
$184.06B 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 Liquity USD (LUSD) and Tether (USDT). With Liquity USD currently at $1.01 per coin and a market cap of $26.24M, and Tether at $0.9998 with a market cap of $184.06B, applying Tether's market cap to Liquity USD's circulating supply produces a hypothetical LUSD price of $7,051.60 — a 7.0Kx move from current.

Liquity USD: LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol.

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

If Liquity USD (LUSD) had Tether's (USDT) current market cap of $184.06B, each LUSD would be worth approximately $7,051.60 based on the circulating supply of 26,101,420 LUSD. That is 7.0Kx the current LUSD price of $1.01.

What is the current market cap of Liquity USD?

Liquity USD (LUSD) currently has a market cap of $26.24M, ranking #758 by market capitalization. Each LUSD trades at $1.01.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.06B, ranking #3 by market capitalization. Each USDT trades at $0.9998.

How does LUSD compare to USDT?

Liquity USD's market cap of $26.24M sits orders of magnitude beyond Tether's $184.06B. For LUSD to reach USDT's current valuation, the price would need to move 7.0Kx 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 Liquity 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.