LIVE
BTC$63,159.00 0.75%ETH$1,774.68 0.61%USDT$0.9990 0.02%BNB$583.30 2.18%USDC$0.9997 0.01%XRP$1.14 0.62%SOL$80.63 0.20%TRX$0.3287 1.30%FIGR_HELOC$1.01 0.00%HYPE$71.51 4.15%DOGE$0.0769 1.20%USDS$0.9997 0.00%RAIN$0.0151 1.66%LEO$9.37 2.19%ZEC$454.54 0.04%ADA$0.1863 1.96%XLM$0.1993 1.24%WBT$57.02 0.74%XMR$321.51 2.81%LINK$7.96 0.91%CC$0.1431 3.22%LAB$16.25 0.43%BCH$240.70 0.72%GRAM$1.75 1.20%DAI$0.9997 0.02%USD1$0.9989 0.01%USDE$0.9985 0.00%LTC$45.10 2.01%HBAR$0.0752 0.10%USYC$1.13 0.00%BTC$63,159.00 0.75%ETH$1,774.68 0.61%USDT$0.9990 0.02%BNB$583.30 2.18%USDC$0.9997 0.01%XRP$1.14 0.62%SOL$80.63 0.20%TRX$0.3287 1.30%FIGR_HELOC$1.01 0.00%HYPE$71.51 4.15%DOGE$0.0769 1.20%USDS$0.9997 0.00%RAIN$0.0151 1.66%LEO$9.37 2.19%ZEC$454.54 0.04%ADA$0.1863 1.96%XLM$0.1993 1.24%WBT$57.02 0.74%XMR$321.51 2.81%LINK$7.96 0.91%CC$0.1431 3.22%LAB$16.25 0.43%BCH$240.70 0.72%GRAM$1.75 1.20%DAI$0.9997 0.02%USD1$0.9989 0.01%USDE$0.9985 0.00%LTC$45.10 2.01%HBAR$0.0752 0.10%USYC$1.13 0.00%
G.MARKETS/PAIR ANALYSIS·Raydium logoRAYTether logoUSDT· LIVE· as of 05:07 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

RAY WOULD BE
$0.00000000
currently $0.7251 · target mcap $184.14B
MULTIPLIER
0.00x

RAY needs a 943x move to match USDT's valuation

REALITY CHECKAt RAY's current 24h rate of +1.98%, compounding daily would take ~349 days to reach USDT's market cap.
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$0.7251
24H CHANGE 1.98%
MARKET CAP$195.27MFDV $402.40M · 51% supply locked
RANK#171
SUPPLY269.3M RAY
DOMINANCE<0.01%
7d 6.35%
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$0.9990
24H CHANGE 0.02%
MARKET CAP$184.14BFDV $189.60B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.06%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
943x bigger
RAY$195.27M
USDT$184.14B
THE CLIMBRaydium logoRAYTether logoUSDTMULTIPLIER 943xGAP$183.95B
$1.00B$10.00B$100.00B
Raydium logo
SOURCERAY$195.27M
Tether logo
TARGETUSDT$184.14B
coco logo
COCO$196.13M
FLOKI logo
FLOKI$226.14M
AINFT logo
NFT$262.46M
Sei logo
SEI$329.70M
Pudgy Penguins logo
PENGU$420.54M
YLDS logo
YLDS$549.19M
ADI logo
ADI$726.67M
Invesco Short Duration US Government Securities Fund logo
USTB$867.27M
Morpho logo
MORPHO$1.25B
MemeCore logo
M$1.84B
Global Dollar logo
USDG$3.03B
Stellar logo
XLM$6.78B
log scale · mcap in USDJul 6, 2026
Raydium logo
RAYRaydium
$195.27MSOURCE
coco logo
COCO
$196.13M
FLOKI logo
FLOKI
$226.14M
AINFT logo
NFT
$262.46M
Sei logo
SEI
$329.70M
Pudgy Penguins logo
PENGU
$420.54M
YLDS logo
YLDS
$549.19M
ADI logo
ADI
$726.67M
Invesco Short Duration US Government Securities Fund logo
USTB
$867.27M
Morpho logo
MORPHO
$1.25B
MemeCore logo
M
$1.84B
Global Dollar logo
USDG
$3.03B
Stellar logo
XLM
$6.78B
Tether logo
USDTTether
$184.14BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF RAY HIT USDT MCAP·TARGET $683.74
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 RAY$72.51$68,374.47+$68,301.97
Coffee money1K RAY$725.05$683,744.72+$683,019.67
Small bag10K RAY$7,250.53$6,837,447.19+$6,830,196.66
Real bag100K RAY$72,505.30$68,374,471.92+$68,301,966.62
Whale bag1M RAY$725,053.00$683,744,719.16+$683,019,666.16
Generational10M RAY$7,250,530.00$6,837,447,191.60+$6,830,196,661.60
$184.14B 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 Raydium (RAY) and Tether (USDT). With Raydium currently at $0.7251 per coin and a market cap of $195.27M, and Tether at $0.9990 with a market cap of $184.14B, applying Tether's market cap to Raydium's circulating supply produces a hypothetical RAY price of $683.74 — a 943x 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 $184.14B, each RAY would be worth approximately $683.74 based on the circulating supply of 269,313,892 RAY. That is 943x the current RAY price of $0.7251.

What is the current market cap of Raydium?

Raydium (RAY) currently has a market cap of $195.27M, ranking #171 by market capitalization. Each RAY trades at $0.7251.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.14B, ranking #3 by market capitalization. Each USDT trades at $0.9990.

How does RAY compare to USDT?

Raydium's market cap of $195.27M sits far above Tether's $184.14B. For RAY to reach USDT's current valuation, the price would need to move 943x 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.