LIVE
BTC$64,024.00 0.74%ETH$1,798.57 0.79%USDT$0.9993 0.03%BNB$585.81 0.54%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.95 0.45%TRX$0.3293 0.16%FIGR_HELOC$1.04 0.52%HYPE$70.69 0.57%DOGE$0.0766 1.81%USDS$0.9998 0.01%RAIN$0.0151 0.20%LEO$9.40 1.48%ZEC$455.42 1.62%ADA$0.1843 2.82%XLM$0.1998 1.41%WBT$57.46 0.20%XMR$323.28 1.47%LINK$8.02 0.63%CC$0.1383 2.19%GRAM$1.79 0.49%BCH$241.63 0.92%LAB$15.37 7.96%DAI$0.9998 0.01%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.83 2.11%HBAR$0.0734 3.59%USDG$1.0000 0.00%BTC$64,024.00 0.74%ETH$1,798.57 0.79%USDT$0.9993 0.03%BNB$585.81 0.54%USDC$0.9999 0.01%XRP$1.15 1.03%SOL$81.95 0.45%TRX$0.3293 0.16%FIGR_HELOC$1.04 0.52%HYPE$70.69 0.57%DOGE$0.0766 1.81%USDS$0.9998 0.01%RAIN$0.0151 0.20%LEO$9.40 1.48%ZEC$455.42 1.62%ADA$0.1843 2.82%XLM$0.1998 1.41%WBT$57.46 0.20%XMR$323.28 1.47%LINK$8.02 0.63%CC$0.1383 2.19%GRAM$1.79 0.49%BCH$241.63 0.92%LAB$15.37 7.96%DAI$0.9998 0.01%USD1$0.9991 0.02%USDE$0.9988 0.03%LTC$44.83 2.11%HBAR$0.0734 3.59%USDG$1.0000 0.00%
G.MARKETS/PAIR ANALYSIS·Liquity USD logoLUSDTether logoUSDT· LIVE· as of 23:50 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

LUSD WOULD BE
$0.00000000
currently $1.01 · target mcap $184.21B
MULTIPLIER
0.00x

LUSD needs a 6.6Kx move to match USDT's valuation

REALITY CHECKAt LUSD's current 24h rate of +0.10%, compounding daily would take ~25 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 0.10%
MARKET CAP$27.96MFDV $27.96M · Fully circulating
RANK#679
SUPPLY27.7M 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$0.9993
24H CHANGE 0.03%
MARKET CAP$184.21BFDV $189.68B · 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
6.6Kx bigger
LUSD$27.96M
USDT$184.21B
THE CLIMBLiquity USD logoLUSDTether logoUSDTMULTIPLIER 6.6KxGAP$184.18B
$100.00M$1.00B$10.00B$100.00B
Liquity USD logo
SOURCELUSD$27.96M
Tether logo
TARGETUSDT$184.21B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
Genius logo
GENIUS$126.45M
Theta Network logo
THETA$144.50M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Unibase logo
UB$253.40M
Grass logo
GRASS$347.88M
TrueUSD logo
TUSD$493.51M
ADI logo
ADI$735.93M
Ethereum Classic logo
ETC$1.11B
World Liberty Financial logo
WLFI$1.86B
LAB logo
LAB$4.80B
log scale · mcap in USDJul 6, 2026
Liquity USD logo
LUSDLiquity USD
$27.96MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
Genius logo
GENIUS
$126.45M
Theta Network logo
THETA
$144.50M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Unibase logo
UB
$253.40M
Grass logo
GRASS
$347.88M
TrueUSD logo
TUSD
$493.51M
ADI logo
ADI
$735.93M
Ethereum Classic logo
ETC
$1.11B
World Liberty Financial logo
WLFI
$1.86B
LAB logo
LAB
$4.80B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF LUSD HIT USDT MCAP·TARGET $6,644.40
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 LUSD$100.90$664,440.21+$664,339.31
Coffee money1K LUSD$1,009.00$6,644,402.13+$6,643,393.13
Small bag10K LUSD$10,090.00$66,444,021.29+$66,433,931.29
Real bag100K LUSD$100,900.00$664,440,212.93+$664,339,312.93
Whale bag1M LUSD$1,009,000.00$6,644,402,129.35+$6,643,393,129.35
Generational10M LUSD$10,090,000.00$66,444,021,293.46+$66,433,931,293.46
$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 Liquity USD (LUSD) and Tether (USDT). With Liquity USD currently at $1.01 per coin and a market cap of $27.96M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Liquity USD's circulating supply produces a hypothetical LUSD price of $6,644.40 — a 6.6Kx 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 $184.21B, each LUSD would be worth approximately $6,644.40 based on the circulating supply of 27,724,455 LUSD. That is 6.6Kx 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 $27.96M, ranking #679 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 $184.21B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

How does LUSD compare to USDT?

Liquity USD's market cap of $27.96M sits orders of magnitude beyond Tether's $184.21B. For LUSD to reach USDT's current valuation, the price would need to move 6.6Kx 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.