LIVE
BTC$64,132.00 0.62%ETH$1,804.58 0.62%USDT$0.9993 0.03%BNB$587.37 0.60%USDC$0.9999 0.01%XRP$1.15 1.28%SOL$82.15 0.40%TRX$0.3293 0.17%FIGR_HELOC$1.04 0.52%HYPE$70.88 0.56%DOGE$0.0770 2.00%USDS$0.9997 0.00%RAIN$0.0151 0.13%LEO$9.39 1.40%ZEC$455.25 2.08%ADA$0.1844 3.24%XLM$0.2003 1.77%WBT$57.63 0.24%XMR$323.58 1.42%LINK$8.05 0.74%CC$0.1384 2.04%BCH$245.02 0.78%GRAM$1.79 0.06%LAB$15.48 7.09%DAI$0.9996 0.01%USD1$0.9989 0.00%USDE$0.9988 0.02%LTC$45.15 1.87%HBAR$0.0731 4.67%USDG$0.9998 0.01%BTC$64,132.00 0.62%ETH$1,804.58 0.62%USDT$0.9993 0.03%BNB$587.37 0.60%USDC$0.9999 0.01%XRP$1.15 1.28%SOL$82.15 0.40%TRX$0.3293 0.17%FIGR_HELOC$1.04 0.52%HYPE$70.88 0.56%DOGE$0.0770 2.00%USDS$0.9997 0.00%RAIN$0.0151 0.13%LEO$9.39 1.40%ZEC$455.25 2.08%ADA$0.1844 3.24%XLM$0.2003 1.77%WBT$57.63 0.24%XMR$323.58 1.42%LINK$8.05 0.74%CC$0.1384 2.04%BCH$245.02 0.78%GRAM$1.79 0.06%LAB$15.48 7.09%DAI$0.9996 0.01%USD1$0.9989 0.00%USDE$0.9988 0.02%LTC$45.15 1.87%HBAR$0.0731 4.67%USDG$0.9998 0.01%
G.MARKETS/PAIR ANALYSIS·Frax Staked frxUSD logoSFRXUSDTether logoUSDT· LIVE· as of 23:20 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

SFRXUSD WOULD BE
$0.00000000
currently $1.20 · target mcap $184.21B
MULTIPLIER
0.00x

SFRXUSD needs a 5.3Kx move to match USDT's valuation

REALITY CHECKAt SFRXUSD's current 24h rate of +0.12%, compounding daily would take ~19 years to reach USDT's market cap.
COIN PROFILES·SFRXUSD vs USDT
Frax Staked frxUSD logo
SFRXUSDUnverified
Frax Staked frxUSD
SOURCE

Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token.

PRICE$1.20
24H CHANGE 0.12%
MARKET CAP$35.08MFDV $35.08M · Fully circulating
RANK#581
SUPPLY29.2M SFRXUSD
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 $189.67B · 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
5.3Kx bigger
SFRXUSD$35.08M
USDT$184.21B
THE CLIMBFrax Staked frxUSD logoSFRXUSDTether logoUSDTMULTIPLIER 5.3KxGAP$184.18B
$100.00M$1.00B$10.00B$100.00B
Frax Staked frxUSD logo
SOURCESFRXUSD$35.08M
Tether logo
TARGETUSDT$184.21B
Tradable NA Third Party Online Merchant SSTN logo
PC0000015$110.23M
CASH logo
CASH$126.54M
Theta Network logo
THETA$144.81M
Spiko US T-Bills Money Market Fund logo
USTBL$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
DoubleZero logo
2Z$253.80M
Grass logo
GRASS$348.69M
TrueUSD logo
TUSD$493.81M
ADI logo
ADI$736.24M
Ethereum Classic logo
ETC$1.12B
World Liberty Financial logo
WLFI$1.87B
LAB logo
LAB$4.84B
log scale · mcap in USDJul 6, 2026
Frax Staked frxUSD logo
SFRXUSDFrax Staked frxUSD
$35.08MSOURCE
Tradable NA Third Party Online Merchant SSTN logo
PC0000015
$110.23M
CASH logo
CASH
$126.54M
Theta Network logo
THETA
$144.81M
Spiko US T-Bills Money Market Fund logo
USTBL
$170.80M
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
DoubleZero logo
2Z
$253.80M
Grass logo
GRASS
$348.69M
TrueUSD logo
TUSD
$493.81M
ADI logo
ADI
$736.24M
Ethereum Classic logo
ETC
$1.12B
World Liberty Financial logo
WLFI
$1.87B
LAB logo
LAB
$4.84B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF SFRXUSD HIT USDT MCAP·TARGET $6,312.13
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 SFRXUSD$120.00$631,212.78+$631,092.78
Coffee money1K SFRXUSD$1,200.00$6,312,127.80+$6,310,927.80
Small bag10K SFRXUSD$12,000.00$63,121,278.01+$63,109,278.01
Real bag100K SFRXUSD$120,000.00$631,212,780.14+$631,092,780.14
Whale bag1M SFRXUSD$1,200,000.00$6,312,127,801.40+$6,310,927,801.40
Generational10M SFRXUSD$12,000,000.00$63,121,278,014.00+$63,109,278,014.00
$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 Frax Staked frxUSD (SFRXUSD) and Tether (USDT). With Frax Staked frxUSD currently at $1.20 per coin and a market cap of $35.08M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Frax Staked frxUSD's circulating supply produces a hypothetical SFRXUSD price of $6,312.13 — a 5.3Kx move from current.

Frax Staked frxUSD: Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token.

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 Frax Staked frxUSD had Tether's market cap, what would the price be?

If Frax Staked frxUSD (SFRXUSD) had Tether's (USDT) current market cap of $184.21B, each SFRXUSD would be worth approximately $6,312.13 based on the circulating supply of 29,183,633 SFRXUSD. That is 5.3Kx the current SFRXUSD price of $1.20.

What is the current market cap of Frax Staked frxUSD?

Frax Staked frxUSD (SFRXUSD) currently has a market cap of $35.08M, ranking #581 by market capitalization. Each SFRXUSD trades at $1.20.

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 SFRXUSD compare to USDT?

Frax Staked frxUSD's market cap of $35.08M sits orders of magnitude beyond Tether's $184.21B. For SFRXUSD to reach USDT's current valuation, the price would need to move 5.3Kx 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 Frax Staked frxUSD'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.