LIVE
BTC$64,385.00 2.05%ETH$1,815.80 1.61%USDT$0.9993 0.02%BNB$589.15 0.05%USDC$0.9999 0.01%XRP$1.15 0.95%SOL$82.67 1.45%TRX$0.3291 0.34%FIGR_HELOC$1.04 0.52%HYPE$71.29 0.51%DOGE$0.0774 0.08%USDS$0.9997 0.00%RAIN$0.0151 0.79%LEO$9.39 1.34%ZEC$455.60 1.50%ADA$0.1857 2.62%XLM$0.2019 0.08%WBT$57.61 1.35%XMR$325.00 1.12%LINK$8.07 0.66%CC$0.1385 1.75%BCH$246.96 0.82%LAB$15.75 7.04%GRAM$1.79 0.89%DAI$0.9998 0.00%USD1$0.9988 0.01%USDE$0.9988 0.02%LTC$45.39 0.48%HBAR$0.0739 2.22%USDG$0.9999 0.00%BTC$64,385.00 2.05%ETH$1,815.80 1.61%USDT$0.9993 0.02%BNB$589.15 0.05%USDC$0.9999 0.01%XRP$1.15 0.95%SOL$82.67 1.45%TRX$0.3291 0.34%FIGR_HELOC$1.04 0.52%HYPE$71.29 0.51%DOGE$0.0774 0.08%USDS$0.9997 0.00%RAIN$0.0151 0.79%LEO$9.39 1.34%ZEC$455.60 1.50%ADA$0.1857 2.62%XLM$0.2019 0.08%WBT$57.61 1.35%XMR$325.00 1.12%LINK$8.07 0.66%CC$0.1385 1.75%BCH$246.96 0.82%LAB$15.75 7.04%GRAM$1.79 0.89%DAI$0.9998 0.00%USD1$0.9988 0.01%USDE$0.9988 0.02%LTC$45.39 0.48%HBAR$0.0739 2.22%USDG$0.9999 0.00%
G.MARKETS/PAIR ANALYSIS·Tornado Cash logoTORNTether logoUSDT· LIVE· as of 21:55 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

TORN WOULD BE
$0.00000000
currently $5.43 · target mcap $184.21B
MULTIPLIER
0.00x

TORN needs a 8.9Kx move to match USDT's valuation

COIN PROFILES·TORN vs USDT
Tornado Cash logo
Tornado Cash
SOURCE
PRICE$5.43
24H CHANGE 2.12%
MARKET CAP$20.53MFDV $53.87M · 62% supply locked
RANK#810
SUPPLY3.8M TORN
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 0.02%
MARKET CAP$184.21BFDV $189.67B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.07%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
9.0Kx bigger
TORN$20.53M
USDT$184.21B
THE CLIMBTornado Cash logoTORNTether logoUSDTMULTIPLIER 9.0KxGAP$184.19B
$100.00M$1.00B$10.00B$100.00B
Tornado Cash logo
SOURCETORN$20.53M
Tether logo
TARGETUSDT$184.21B
GALA logo
GALA$111.06M
CASH logo
CASH$126.47M
Zano logo
ZANO$145.89M
IOTA logo
IOTA$172.44M
The Graph logo
GRT$201.23M
Pendle logo
PENDLE$250.49M
First Digital USD logo
FDUSD$347.37M
TrueUSD logo
TUSD$493.65M
ADI logo
ADI$736.60M
Ethereum Classic logo
ETC$1.12B
World Liberty Financial logo
WLFI$1.88B
Gram (prev. Toncoin) logo
GRAM$4.87B
log scale · mcap in USDJul 6, 2026
Tornado Cash logo
TORNTornado Cash
$20.53MSOURCE
GALA logo
GALA
$111.06M
CASH logo
CASH
$126.47M
Zano logo
ZANO
$145.89M
IOTA logo
IOTA
$172.44M
The Graph logo
GRT
$201.23M
Pendle logo
PENDLE
$250.49M
First Digital USD logo
FDUSD
$347.37M
TrueUSD logo
TUSD
$493.65M
ADI logo
ADI
$736.60M
Ethereum Classic logo
ETC
$1.12B
World Liberty Financial logo
WLFI
$1.88B
Gram (prev. Toncoin) logo
GRAM
$4.87B
Tether logo
USDTTether
$184.21BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF TORN HIT USDT MCAP·TARGET $48,341.61
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 TORN$543.00$4,834,161.15+$4,833,618.15
Coffee money1K TORN$5,430.00$48,341,611.46+$48,336,181.46
Small bag10K TORN$54,300.00$483,416,114.64+$483,361,814.64
Real bag100K TORN$543,000.00$4,834,161,146.37+$4,833,618,146.37
Whale bag1M TORN$5,430,000.00$48,341,611,463.69+$48,336,181,463.69
Generational10M TORN$54,300,000.00$483,416,114,636.87+$483,361,814,636.87
$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 Tornado Cash (TORN) and Tether (USDT). With Tornado Cash currently at $5.43 per coin and a market cap of $20.53M, and Tether at $0.9993 with a market cap of $184.21B, applying Tether's market cap to Tornado Cash's circulating supply produces a hypothetical TORN price of $48,341.61 — a 8.9Kx move from current.

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 Tornado Cash had Tether's market cap, what would the price be?

If Tornado Cash (TORN) had Tether's (USDT) current market cap of $184.21B, each TORN would be worth approximately $48,341.61 based on the circulating supply of 3,810,551 TORN. That is 8.9Kx the current TORN price of $5.43.

What is the current market cap of Tornado Cash?

Tornado Cash (TORN) currently has a market cap of $20.53M, ranking #810 by market capitalization. Each TORN trades at $5.43.

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 TORN compare to USDT?

Tornado Cash's market cap of $20.53M sits orders of magnitude beyond Tether's $184.21B. For TORN to reach USDT's current valuation, the price would need to move 8.9Kx 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 Tornado Cash'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.