LIVE
BTC$62,845.00 0.00%ETH$1,763.91 0.07%USDT$0.9990 0.01%BNB$579.77 0.40%USDC$0.9998 0.01%XRP$1.14 0.31%SOL$80.38 0.06%TRX$0.3268 0.62%FIGR_HELOC$1.01 0.00%HYPE$70.23 2.02%DOGE$0.0769 1.39%USDS$0.9997 0.00%RAIN$0.0151 1.60%LEO$9.34 1.96%ZEC$448.22 2.12%XLM$0.2039 2.09%ADA$0.1847 3.61%WBT$56.70 0.01%XMR$319.68 2.39%LINK$7.93 0.11%CC$0.1417 0.99%LAB$16.52 3.86%BCH$241.66 0.48%GRAM$1.75 0.48%DAI$0.9997 0.01%USD1$0.9987 0.04%USDE$0.9985 0.01%LTC$44.70 0.59%HBAR$0.0747 0.97%USYC$1.13 0.01%BTC$62,845.00 0.00%ETH$1,763.91 0.07%USDT$0.9990 0.01%BNB$579.77 0.40%USDC$0.9998 0.01%XRP$1.14 0.31%SOL$80.38 0.06%TRX$0.3268 0.62%FIGR_HELOC$1.01 0.00%HYPE$70.23 2.02%DOGE$0.0769 1.39%USDS$0.9997 0.00%RAIN$0.0151 1.60%LEO$9.34 1.96%ZEC$448.22 2.12%XLM$0.2039 2.09%ADA$0.1847 3.61%WBT$56.70 0.01%XMR$319.68 2.39%LINK$7.93 0.11%CC$0.1417 0.99%LAB$16.52 3.86%BCH$241.66 0.48%GRAM$1.75 0.48%DAI$0.9997 0.01%USD1$0.9987 0.04%USDE$0.9985 0.01%LTC$44.70 0.59%HBAR$0.0747 0.97%USYC$1.13 0.01%
G.MARKETS/PAIR ANALYSIS·The Graph logoGRTTether logoUSDT· LIVE· as of 09:04 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

GRT WOULD BE
$0.00000000
currently $0.0184 · target mcap $184.14B
MULTIPLIER
0.00x

GRT needs a 927x move to match USDT's valuation

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$0.0184
24H CHANGE 0.29%
MARKET CAP$198.68MFDV $198.69M · Fully circulating
RANK#169
SUPPLY10.8B GRT
DOMINANCE<0.01%
7d 0.93%
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 0.01%
MARKET CAP$184.14BFDV $189.60B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.04%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
927x bigger
GRT$198.68M
USDT$184.14B
THE CLIMBThe Graph logoGRTTether logoUSDTMULTIPLIER 927xGAP$183.94B
$1.00B$10.00B$100.00B
The Graph logo
SOURCEGRT$198.68M
Tether logo
TARGETUSDT$184.14B
Tradable NA Rent Financing Platform SSTN logo
PC0000031$202.50M
Peanut logo
PEANUT$228.18M
Unibase logo
UB$270.66M
Terra Luna Classic logo
LUNC$337.54M
Bonk logo
BONK$418.90M
Usual USD logo
USD0$552.57M
ADI logo
ADI$730.58M
Janus Henderson Anemoy Treasury Fund logo
JTRSY$870.80M
Sky logo
SKY$1.30B
World Liberty Financial logo
WLFI$1.83B
Circle USYC logo
USYC$3.11B
Cardano logo
ADA$6.88B
log scale · mcap in USDJul 6, 2026
The Graph logo
GRTThe Graph
$198.68MSOURCE
Tradable NA Rent Financing Platform SSTN logo
PC0000031
$202.50M
Peanut logo
PEANUT
$228.18M
Unibase logo
UB
$270.66M
Terra Luna Classic logo
LUNC
$337.54M
Bonk logo
BONK
$418.90M
Usual USD logo
USD0
$552.57M
ADI logo
ADI
$730.58M
Janus Henderson Anemoy Treasury Fund logo
JTRSY
$870.80M
Sky logo
SKY
$1.30B
World Liberty Financial logo
WLFI
$1.83B
Circle USYC logo
USYC
$3.11B
Cardano logo
ADA
$6.88B
Tether logo
USDTTether
$184.14BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF GRT HIT USDT MCAP·TARGET $17.05
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 GRT$1.84$1,705.05+$1,703.21
Coffee money1K GRT$18.40$17,050.50+$17,032.10
Small bag10K GRT$183.97$170,504.98+$170,321.00
Real bag100K GRT$1,839.75$1,705,049.75+$1,703,210.01
Whale bag1M GRT$18,397.45$17,050,497.55+$17,032,100.10
Generational10M GRT$183,974.50$170,504,975.47+$170,321,000.97
$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 The Graph (GRT) and Tether (USDT). With The Graph currently at $0.0184 per coin and a market cap of $198.68M, and Tether at $0.9990 with a market cap of $184.14B, applying Tether's market cap to The Graph's circulating supply produces a hypothetical GRT price of $17.05 — a 927x 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 $184.14B, each GRT would be worth approximately $17.05 based on the circulating supply of 10,799,867,657 GRT. That is 927x the current GRT price of $0.0184.

What is the current market cap of The Graph?

The Graph (GRT) currently has a market cap of $198.68M, ranking #169 by market capitalization. Each GRT trades at $0.0184.

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 GRT compare to USDT?

The Graph's market cap of $198.68M sits far above Tether's $184.14B. For GRT to reach USDT's current valuation, the price would need to move 927x 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.