LIVE
BTC$86,209.00▲ 1.30%ETH$2,719.08▲ 0.73%USDT$0.9998▼ 0.01%BNB$788.57▼ 0.09%XRP$1.51▲ 1.27%USDC$0.9999▼ 0.01%SOL$121.02▲ 0.14%TRX$0.3358▲ 0.20%FIGR_HELOC$1.07▲ 0.00%ZEC$1,327.94▲ 0.30%HYPE$93.13▲ 2.82%DOGE$0.0968▲ 4.02%LINK$14.14▲ 0.63%XMR$545.07▼ 1.31%ADA$0.2717▲ 10.96%WBT$85.79▲ 1.50%USDS$0.9998▼ 0.01%RAIN$0.0123▼ 4.81%LEO$8.92▼ 0.20%XLM$0.2223▲ 2.56%NEAR$5.04▲ 5.09%BCH$316.50▼ 0.53%UNI$9.01▼ 0.19%LTC$70.13▼ 0.43%SUI$1.23▲ 4.85%CC$0.1268▲ 2.93%USDE$0.9997▼ 0.00%AVAX$10.99▼ 0.19%DAI$1.0000▲ 0.01%HBAR$0.1034▲ 1.38%BTC$86,209.00▲ 1.30%ETH$2,719.08▲ 0.73%USDT$0.9998▼ 0.01%BNB$788.57▼ 0.09%XRP$1.51▲ 1.27%USDC$0.9999▼ 0.01%SOL$121.02▲ 0.14%TRX$0.3358▲ 0.20%FIGR_HELOC$1.07▲ 0.00%ZEC$1,327.94▲ 0.30%HYPE$93.13▲ 2.82%DOGE$0.0968▲ 4.02%LINK$14.14▲ 0.63%XMR$545.07▼ 1.31%ADA$0.2717▲ 10.96%WBT$85.79▲ 1.50%USDS$0.9998▼ 0.01%RAIN$0.0123▼ 4.81%LEO$8.92▼ 0.20%XLM$0.2223▲ 2.56%NEAR$5.04▲ 5.09%BCH$316.50▼ 0.53%UNI$9.01▼ 0.19%LTC$70.13▼ 0.43%SUI$1.23▲ 4.85%CC$0.1268▲ 2.93%USDE$0.9997▼ 0.00%AVAX$10.99▼ 0.19%DAI$1.0000▲ 0.01%HBAR$0.1034▲ 1.38%
G.MARKETS/PAIR ANALYSIS·Raydium logoRAY→Tether logoUSDT· LIVE· as of 08:54 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

RAY WOULD BE
$0.00000000
currently $2.05 · target mcap $184.05B
▲ 0.00x TO MATCHRAY NEEDS A 333x MOVE TO MATCH USDT
COIN PROFILES·RAY vs USDT
Raydium logo
Raydium
SOURCE

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).

PRICE$2.05
24H CHANGE▼ 3.37%
MARKET CAP$553.48MFDV $1.14B · 51% supply locked
RANK#112
SUPPLY269.9M RAY
DOMINANCE0.02%
7d▲ 4.14%
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$184.05BFDV $189.52B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.13%
7d▲ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
333x bigger
RAY$553.48M
USDT$184.05B
THE CLIMBRaydium logoRAY→Tether logoUSDTMULTIPLIER▲ 333xGAP$183.50B
$1.00B$10.00B$100.00B
Raydium logo
SOURCERAY$553.48M
Tether logo
TARGETUSDT$184.05B
Virtuals Protocol logo
VIRTUAL$579.46M
XDC Network logo
XDC$655.93M
Invesco Short Duration US Government Securities Fund logo
USTB$743.78M
Lighter logo
LIT$944.21M
POL (ex-MATIC) logo
POL$1.18B
Venice Token logo
VVV$1.44B
Morpho logo
MORPHO$1.89B
MemeCore logo
M$2.36B
Global Dollar logo
USDG$3.18B
Hedera logo
HBAR$4.55B
NEAR Protocol logo
NEAR$6.59B
Dogecoin logo
DOGE$15.12B
log scale · mcap in USDOct 5, 2026
Raydium logo
RAYRaydium
$553.48MSOURCE
Virtuals Protocol logo
VIRTUAL
$579.46M
XDC Network logo
XDC
$655.93M
Invesco Short Duration US Government Securities Fund logo
USTB
$743.78M
Lighter logo
LIT
$944.21M
POL (ex-MATIC) logo
POL
$1.18B
Venice Token logo
VVV
$1.44B
Morpho logo
MORPHO
$1.89B
MemeCore logo
M
$2.36B
Global Dollar logo
USDG
$3.18B
Hedera logo
HBAR
$4.55B
NEAR Protocol logo
NEAR
$6.59B
Dogecoin logo
DOGE
$15.12B
Tether logo
USDTTether
$184.05BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF RAY HIT USDT MCAP·TARGET $682.01
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 RAY$205.00$68,201.02+$67,996.02
Coffee money1K RAY$2,050.00$682,010.17+$679,960.17
Small bag10K RAY$20,500.00$6,820,101.71+$6,799,601.71
Real bag100K RAY$205,000.00$68,201,017.12+$67,996,017.12
Whale bag1M RAY$2,050,000.00$682,010,171.24+$679,960,171.24
Generational10M RAY$20,500,000.00$6,820,101,712.36+$6,799,601,712.36
$184.05B 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 2.04× Spotify

About this comparison

This page compares the market capitalizations of Raydium (RAY) and Tether (USDT). With Raydium currently at $2.05 per coin and a market cap of $553.48M, and Tether at $0.9998 with a market cap of $184.05B, applying Tether's market cap to Raydium's circulating supply produces a hypothetical RAY price of $682.01 — a 333x move from current.

Raydium: Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).

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

If Raydium (RAY) had Tether's (USDT) current market cap of $184.05B, each RAY would be worth approximately $682.01 based on the circulating supply of 269,863,591 RAY. That is 333x the current RAY price of $2.05.

What is the current market cap of Raydium?

Raydium (RAY) currently has a market cap of $553.48M, ranking #112 by market capitalization. Each RAY trades at $2.05.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.05B, ranking #3 by market capitalization. Each USDT trades at $0.9998.

How does RAY compare to USDT?

Raydium's market cap of $553.48M sits far above Tether's $184.05B. For RAY to reach USDT's current valuation, the price would need to move 333x 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 Raydium'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.