If had 's mcap →
TCY needs a 11.8Kx move to match USDT's valuation
10% of all revenue on THORChain, in perpetuity, goes towards TCY tokens.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
FOR CONTEXT
$184.21B compared to the worldAbout this comparison
This page compares the market capitalizations of THORChain Yield (TCY) and Tether (USDT). With THORChain Yield currently at $0.0846 per coin and a market cap of $15.67M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to THORChain Yield's circulating supply produces a hypothetical TCY price of $994.49 — a 11.8Kx move from current.
THORChain Yield: 10% of all revenue on THORChain, in perpetuity, goes towards TCY tokens.
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 THORChain Yield had Tether's market cap, what would the price be?
If THORChain Yield (TCY) had Tether's (USDT) current market cap of $184.21B, each TCY would be worth approximately $994.49 based on the circulating supply of 185,229,121 TCY. That is 11.8Kx the current TCY price of $0.0846.
What is the current market cap of THORChain Yield?
THORChain Yield (TCY) currently has a market cap of $15.67M, ranking #949 by market capitalization. Each TCY trades at $0.0846.
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 TCY compare to USDT?
THORChain Yield's market cap of $15.67M sits orders of magnitude beyond Tether's $184.21B. For TCY to reach USDT's current valuation, the price would need to move 11.8Kx 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 THORChain Yield'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.