LIVE
BTC$64,247.00 2.17%ETH$1,812.91 1.91%USDT$0.9994 0.03%BNB$589.06 0.21%USDC$0.9999 0.02%XRP$1.15 0.81%SOL$82.65 1.34%TRX$0.3291 0.31%FIGR_HELOC$1.04 0.52%HYPE$71.36 0.59%DOGE$0.0775 0.00%USDS$0.9997 0.00%RAIN$0.0151 1.02%LEO$9.41 1.60%ZEC$456.06 1.34%ADA$0.1852 1.88%XLM$0.2019 0.29%WBT$57.67 1.48%XMR$324.72 1.34%LINK$8.07 0.60%CC$0.1384 1.76%BCH$247.10 0.80%GRAM$1.79 0.48%LAB$15.13 10.06%DAI$0.9999 0.01%USD1$0.9986 0.02%USDE$0.9987 0.02%LTC$45.29 0.72%HBAR$0.0741 1.88%USDG$0.9999 0.02%BTC$64,247.00 2.17%ETH$1,812.91 1.91%USDT$0.9994 0.03%BNB$589.06 0.21%USDC$0.9999 0.02%XRP$1.15 0.81%SOL$82.65 1.34%TRX$0.3291 0.31%FIGR_HELOC$1.04 0.52%HYPE$71.36 0.59%DOGE$0.0775 0.00%USDS$0.9997 0.00%RAIN$0.0151 1.02%LEO$9.41 1.60%ZEC$456.06 1.34%ADA$0.1852 1.88%XLM$0.2019 0.29%WBT$57.67 1.48%XMR$324.72 1.34%LINK$8.07 0.60%CC$0.1384 1.76%BCH$247.10 0.80%GRAM$1.79 0.48%LAB$15.13 10.06%DAI$0.9999 0.01%USD1$0.9986 0.02%USDE$0.9987 0.02%LTC$45.29 0.72%HBAR$0.0741 1.88%USDG$0.9999 0.02%
G.MARKETS/PAIR ANALYSIS·Morpho logoMORPHOUSDC logoUSDC· LIVE· as of 21:35 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

MORPHO WOULD BE
$0.00000000
currently $1.97 · target mcap $73.08B
MULTIPLIER
0.00x

MORPHO needs a 57.1x move to match USDC's valuation

REALITY CHECKAt MORPHO's current 24h rate of +2.52%, compounding daily would take ~163 days to reach USDC's market cap.
COIN PROFILES·MORPHO vs USDC
Morpho logo
Morpho
SOURCE

Morpho is an open, efficient, and resilient platform that allows anyone to earn yield and borrow assets.

PRICE$1.97
24H CHANGE 2.52%
MARKET CAP$1.28BFDV $1.97B · 35% supply locked
RANK#60
SUPPLY649.6M MORPHO
DOMINANCE0.04%
7d 8.07%
VS
USDC logo
USDCVerified by G.MARKETS
USDC
TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$0.9999
24H CHANGE 0.02%
MARKET CAP$73.08BFDV $73.14B · Fully circulating
RANK#5
SUPPLY73.1B USDC
DOMINANCE2.44%
7d 0.05%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
57.2x bigger
MORPHO$1.28B
USDC$73.08B
THE CLIMBMorpho logoMORPHOUSDC logoUSDCMULTIPLIER 57.2xGAP$71.80B
$10.00B
Morpho logo
SOURCEMORPHO$1.28B
USDC logo
TARGETUSDC$73.08B
Sky logo
SKY$1.31B
Worldcoin logo
WLD$1.46B
MemeCore logo
M$1.55B
Aster logo
ASTER$1.72B
Bittensor logo
TAO$2.08B
NEAR Protocol logo
NEAR$2.70B
Sui logo
SUI$3.06B
Ethena USDe logo
USDE$4.42B
Gram (prev. Toncoin) logo
GRAM$4.86B
WhiteBIT Coin logo
WBT$6.81B
LEO Token logo
LEO$8.66B
Figure Heloc logo
FIGR_HELOC$20.20B
log scale · mcap in USDJul 6, 2026
Morpho logo
MORPHOMorpho
$1.28BSOURCE
Sky logo
SKY
$1.31B
Worldcoin logo
WLD
$1.46B
MemeCore logo
M
$1.55B
Aster logo
ASTER
$1.72B
Bittensor logo
TAO
$2.08B
NEAR Protocol logo
NEAR
$2.70B
Sui logo
SUI
$3.06B
Ethena USDe logo
USDE
$4.42B
Gram (prev. Toncoin) logo
GRAM
$4.86B
WhiteBIT Coin logo
WBT
$6.81B
LEO Token logo
LEO
$8.66B
Figure Heloc logo
FIGR_HELOC
$20.20B
USDC logo
USDCUSDC
$73.08BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF MORPHO HIT USDC MCAP·TARGET $112.50
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 MORPHO$197.00$11,249.61+$11,052.61
Coffee money1K MORPHO$1,970.00$112,496.08+$110,526.08
Small bag10K MORPHO$19,700.00$1,124,960.84+$1,105,260.84
Real bag100K MORPHO$197,000.00$11,249,608.36+$11,052,608.36
Whale bag1M MORPHO$1,970,000.00$112,496,083.63+$110,526,083.63
Generational10M MORPHO$19,700,000.00$1,124,960,836.25+$1,105,260,836.25
$73.08B compared to the world
UberUBER
$160.00B
USDC mcap is 45.7% of Uber
NikeNKE
$130.00B
USDC mcap is 56.2% of Nike
StarbucksSBUX
$100.00B
USDC mcap is 73.1% of Starbucks
SpotifySPOT
$90.00B
USDC mcap is 81.2% of Spotify
RobloxRBLX
$30.00B
USDC mcap is 2.44× Roblox
RedditRDDT
$25.00B
USDC mcap is 2.92× Reddit

About this comparison

This page compares the market capitalizations of Morpho (MORPHO) and USDC (USDC). With Morpho currently at $1.97 per coin and a market cap of $1.28B, and USDC at $0.9999 with a market cap of $73.08B, applying USDC's market cap to Morpho's circulating supply produces a hypothetical MORPHO price of $112.50 — a 57.1x move from current.

Morpho: Morpho is an open, efficient, and resilient platform that allows anyone to earn yield and borrow assets.

USDC: USDC is a fully collateralized US dollar stablecoin.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Morpho had USDC's market cap, what would the price be?

If Morpho (MORPHO) had USDC's (USDC) current market cap of $73.08B, each MORPHO would be worth approximately $112.50 based on the circulating supply of 649,641,236 MORPHO. That is 57.1x the current MORPHO price of $1.97.

What is the current market cap of Morpho?

Morpho (MORPHO) currently has a market cap of $1.28B, ranking #60 by market capitalization. Each MORPHO trades at $1.97.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $73.08B, ranking #5 by market capitalization. Each USDC trades at $0.9999.

How does MORPHO compare to USDC?

Morpho's market cap of $1.28B sits well above USDC's $73.08B. For MORPHO to reach USDC's current valuation, the price would need to move 57.1x 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 Morpho'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.