LIVE
BTC$86,509.00▲ 2.05%ETH$2,724.75▲ 1.22%USDT$0.9999▼ 0.00%BNB$795.57▲ 1.37%XRP$1.52▲ 2.32%USDC$0.9999▼ 0.00%SOL$121.15▲ 0.79%TRX$0.3358▲ 0.06%FIGR_HELOC$1.07▲ 0.11%ZEC$1,346.71▲ 2.48%HYPE$90.17▲ 0.92%DOGE$0.0963▲ 3.73%LINK$14.22▲ 0.70%XMR$545.24▼ 1.26%WBT$86.06▲ 2.02%USDS$0.9999▲ 0.00%ADA$0.2646▲ 8.68%LEO$8.98▼ 0.12%RAIN$0.0113▼ 5.15%XLM$0.2240▲ 3.78%NEAR$4.90▲ 1.35%BCH$318.57▲ 0.24%UNI$9.12▲ 0.69%LTC$70.63▲ 0.02%CC$0.1295▲ 2.68%SUI$1.22▲ 3.79%USDE$0.9996▼ 0.00%AVAX$11.00▼ 0.84%DAI$0.9998▼ 0.01%HBAR$0.1041▲ 2.48%BTC$86,509.00▲ 2.05%ETH$2,724.75▲ 1.22%USDT$0.9999▼ 0.00%BNB$795.57▲ 1.37%XRP$1.52▲ 2.32%USDC$0.9999▼ 0.00%SOL$121.15▲ 0.79%TRX$0.3358▲ 0.06%FIGR_HELOC$1.07▲ 0.11%ZEC$1,346.71▲ 2.48%HYPE$90.17▲ 0.92%DOGE$0.0963▲ 3.73%LINK$14.22▲ 0.70%XMR$545.24▼ 1.26%WBT$86.06▲ 2.02%USDS$0.9999▲ 0.00%ADA$0.2646▲ 8.68%LEO$8.98▼ 0.12%RAIN$0.0113▼ 5.15%XLM$0.2240▲ 3.78%NEAR$4.90▲ 1.35%BCH$318.57▲ 0.24%UNI$9.12▲ 0.69%LTC$70.63▲ 0.02%CC$0.1295▲ 2.68%SUI$1.22▲ 3.79%USDE$0.9996▼ 0.00%AVAX$11.00▼ 0.84%DAI$0.9998▼ 0.01%HBAR$0.1041▲ 2.48%
G.MARKETS/PAIR ANALYSIS·The Graph logoGRT→Tether logoUSDT· LIVE· as of 01:02 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

GRT WOULD BE
$0.00000000
currently $0.0296 · target mcap $184.06B
▲ 0.00x TO MATCHGRT NEEDS A 567x MOVE TO MATCH USDT
REALITY CHECKAt GRT's current 24h rate of +5.13%, compounding daily would take ~127 days to reach USDT's market cap.
COIN PROFILES·GRT vs USDT
The Graph logo
The Graph
SOURCE

The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible with GraphQL.

PRICE$0.0296
24H CHANGE▲ 5.13%
MARKET CAP$324.25MFDV $344.16M · 6% supply locked
RANK#147
SUPPLY10.9B GRT
DOMINANCE0.01%
7d▼ 13.49%
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$0.9999
24H CHANGE▼ 0.00%
MARKET CAP$184.06BFDV $189.53B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
568x bigger
GRT$324.25M
USDT$184.06B
THE CLIMBThe Graph logoGRT→Tether logoUSDTMULTIPLIER▲ 568xGAP$183.74B
$1.00B$10.00B$100.00B
The Graph logo
SOURCEGRT$324.25M
Tether logo
TARGETUSDT$184.06B
First Digital USD logo
FDUSD$324.72M
BitTorrent logo
BTT$370.48M
Celestia logo
TIA$470.46M
Beldex logo
BDX$575.30M
GHO logo
GHO$698.51M
NEXO logo
NEXO$863.52M
Gate logo
GT$1.17B
USDD logo
USDD$1.55B
Sky logo
SKY$2.26B
Global Dollar logo
USDG$3.17B
Ethena USDe logo
USDE$4.91B
WhiteBIT Coin logo
WBT$10.23B
log scale · mcap in USDOct 5, 2026
The Graph logo
GRTThe Graph
$324.25MSOURCE
First Digital USD logo
FDUSD
$324.72M
BitTorrent logo
BTT
$370.48M
Celestia logo
TIA
$470.46M
Beldex logo
BDX
$575.30M
GHO logo
GHO
$698.51M
NEXO logo
NEXO
$863.52M
Gate logo
GT
$1.17B
USDD logo
USDD
$1.55B
Sky logo
SKY
$2.26B
Global Dollar logo
USDG
$3.17B
Ethena USDe logo
USDE
$4.91B
WhiteBIT Coin logo
WBT
$10.23B
Tether logo
USDTTether
$184.06BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF GRT HIT USDT MCAP·TARGET $16.82
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 GRT$2.96$1,682.26+$1,679.29
Coffee money1K GRT$29.65$16,822.55+$16,792.90
Small bag10K GRT$296.46$168,225.50+$167,929.04
Real bag100K GRT$2,964.59$1,682,255.03+$1,679,290.45
Whale bag1M GRT$29,645.86$16,822,550.35+$16,792,904.49
Generational10M GRT$296,458.60$168,225,503.47+$167,929,044.87
$184.06B 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 2.05× Spotify

About this comparison

This page compares the market capitalizations of The Graph (GRT) and Tether (USDT). With The Graph currently at $0.0296 per coin and a market cap of $324.25M, and Tether at $0.9999 with a market cap of $184.06B, applying Tether's market cap to The Graph's circulating supply produces a hypothetical GRT price of $16.82 — a 567x move from current.

The Graph: The Graph is an indexing protocol and global API for organizing blockchain data and making it easily accessible with GraphQL.

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

If The Graph (GRT) had Tether's (USDT) current market cap of $184.06B, each GRT would be worth approximately $16.82 based on the circulating supply of 10,941,320,353 GRT. That is 567x the current GRT price of $0.0296.

What is the current market cap of The Graph?

The Graph (GRT) currently has a market cap of $324.25M, ranking #147 by market capitalization. Each GRT trades at $0.0296.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.06B, ranking #3 by market capitalization. Each USDT trades at $0.9999.

How does GRT compare to USDT?

The Graph's market cap of $324.25M sits far above Tether's $184.06B. For GRT to reach USDT's current valuation, the price would need to move 567x 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 The Graph'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.