LIVE
BTC$64,025.00 0.74%ETH$1,799.22 0.83%USDT$0.9993 0.03%BNB$586.31 0.46%USDC$0.9999 0.02%XRP$1.15 0.91%SOL$81.99 0.55%TRX$0.3293 0.17%FIGR_HELOC$1.04 0.52%HYPE$70.67 0.51%DOGE$0.0767 2.01%USDS$0.9998 0.01%RAIN$0.0151 0.27%LEO$9.40 1.47%ZEC$456.13 1.46%ADA$0.1845 2.69%XLM$0.2000 1.31%WBT$57.50 0.23%XMR$323.36 1.44%LINK$8.03 0.54%CC$0.1382 2.20%GRAM$1.79 0.44%BCH$241.55 0.95%LAB$15.42 7.51%DAI$0.9998 0.00%USD1$0.9991 0.01%USDE$0.9988 0.03%LTC$44.84 2.12%HBAR$0.0734 3.55%USDG$0.9997 0.02%BTC$64,025.00 0.74%ETH$1,799.22 0.83%USDT$0.9993 0.03%BNB$586.31 0.46%USDC$0.9999 0.02%XRP$1.15 0.91%SOL$81.99 0.55%TRX$0.3293 0.17%FIGR_HELOC$1.04 0.52%HYPE$70.67 0.51%DOGE$0.0767 2.01%USDS$0.9998 0.01%RAIN$0.0151 0.27%LEO$9.40 1.47%ZEC$456.13 1.46%ADA$0.1845 2.69%XLM$0.2000 1.31%WBT$57.50 0.23%XMR$323.36 1.44%LINK$8.03 0.54%CC$0.1382 2.20%GRAM$1.79 0.44%BCH$241.55 0.95%LAB$15.42 7.51%DAI$0.9998 0.00%USD1$0.9991 0.01%USDE$0.9988 0.03%LTC$44.84 2.12%HBAR$0.0734 3.55%USDG$0.9997 0.02%
G.MARKETS/PAIR ANALYSIS·Pyth Network logoPYTHTether logoUSDT· LIVE· as of 23:45 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

PYTH WOULD BE
$0.00000000
currently $0.0451 · target mcap $184.22B
MULTIPLIER
0.00x

PYTH needs a 519x move to match USDT's valuation

REALITY CHECKAt PYTH's current 24h rate of +11.79%, compounding daily would take ~57 days to reach USDT's market cap.
COIN PROFILES·PYTH vs USDT
Pyth Network logo
Pyth Network
SOURCE

Pyth Network is a decentralised oracle network designed to provide real-time financial market data to decentralised applications (dApps) across multiple blockchains.

PRICE$0.0451
24H CHANGE 11.79%
MARKET CAP$354.98MFDV $450.77M · 21% supply locked
RANK#125
SUPPLY7.9B PYTH
DOMINANCE0.01%
7d 37.72%
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$184.22BFDV $189.69B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.10%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
519x bigger
PYTH$354.98M
USDT$184.22B
THE CLIMBPyth Network logoPYTHTether logoUSDTMULTIPLIER 519xGAP$183.87B
$1.00B$10.00B$100.00B
Pyth Network logo
SOURCEPYTH$354.98M
Tether logo
TARGETUSDT$184.22B
Celestia logo
TIA$361.16M
VeChain logo
VET$425.29M
USX logo
USX$512.70M
Filecoin logo
FIL$631.30M
Ethena logo
ENA$752.30M
Render logo
RENDER$838.44M
Bitget Token logo
BGB$1.19B
Mantle logo
MNT$1.46B
PAX Gold logo
PAXG$1.88B
Avalanche logo
AVAX$3.01B
Bitcoin Cash logo
BCH$4.84B
Rain logo
RAIN$10.00B
log scale · mcap in USDJul 6, 2026
Pyth Network logo
PYTHPyth Network
$354.98MSOURCE
Celestia logo
TIA
$361.16M
VeChain logo
VET
$425.29M
USX logo
USX
$512.70M
Filecoin logo
FIL
$631.30M
Ethena logo
ENA
$752.30M
Render logo
RENDER
$838.44M
Bitget Token logo
BGB
$1.19B
Mantle logo
MNT
$1.46B
PAX Gold logo
PAXG
$1.88B
Avalanche logo
AVAX
$3.01B
Bitcoin Cash logo
BCH
$4.84B
Rain logo
RAIN
$10.00B
Tether logo
USDTTether
$184.22BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF PYTH HIT USDT MCAP·TARGET $23.39
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 PYTH$4.51$2,339.34+$2,334.83
Coffee money1K PYTH$45.07$23,393.41+$23,348.34
Small bag10K PYTH$450.74$233,934.13+$233,483.40
Real bag100K PYTH$4,507.36$2,339,341.32+$2,334,833.96
Whale bag1M PYTH$45,073.61$23,393,413.24+$23,348,339.63
Generational10M PYTH$450,736.10$233,934,132.36+$233,483,396.26
$184.22B 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 Pyth Network (PYTH) and Tether (USDT). With Pyth Network currently at $0.0451 per coin and a market cap of $354.98M, and Tether at $0.9993 with a market cap of $184.22B, applying Tether's market cap to Pyth Network's circulating supply produces a hypothetical PYTH price of $23.39 — a 519x move from current.

Pyth Network: Pyth Network is a decentralised oracle network designed to provide real-time financial market data to decentralised applications (dApps) across multiple blockchains.

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

If Pyth Network (PYTH) had Tether's (USDT) current market cap of $184.22B, each PYTH would be worth approximately $23.39 based on the circulating supply of 7,874,981,732 PYTH. That is 519x the current PYTH price of $0.0451.

What is the current market cap of Pyth Network?

Pyth Network (PYTH) currently has a market cap of $354.98M, ranking #125 by market capitalization. Each PYTH trades at $0.0451.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.22B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

How does PYTH compare to USDT?

Pyth Network's market cap of $354.98M sits far above Tether's $184.22B. For PYTH to reach USDT's current valuation, the price would need to move 519x 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 Pyth Network'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.