If had 's mcap →
SFRXUSD needs a 5.3Kx move to match USDT's valuation
Staked Frax USD (sfrxUSD) is the yielding stablecoin implemented as an ERC4626 token.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$184.22B compared to the worldAbout 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 $0.9994 with a market cap of $184.22B, applying Tether's market cap to Frax Staked frxUSD's circulating supply produces a hypothetical SFRXUSD price of $6,312.40 — 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 $184.22B, each SFRXUSD would be worth approximately $6,312.40 based on the circulating supply of 29,183,038 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 #578 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 $184.22B, ranking #3 by market capitalization. Each USDT trades at $0.9994.
How does SFRXUSD compare to USDT?
Frax Staked frxUSD's market cap of $35.08M sits orders of magnitude beyond Tether's $184.22B. 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.