LIVE
BTC$85,675.00▲ 0.30%ETH$2,709.00▲ 0.24%USDT$0.9999▲ 0.01%BNB$786.30▼ 0.35%XRP$1.50▼ 0.42%USDC$0.9999▼ 0.00%SOL$120.02▼ 1.12%TRX$0.3366▲ 0.30%FIGR_HELOC$1.05▲ 0.00%ZEC$1,339.16▲ 0.39%HYPE$93.81▲ 3.79%DOGE$0.0952▼ 0.34%XMR$556.73▲ 1.91%LINK$13.92▼ 1.61%WBT$85.59▲ 0.83%USDS$0.9999▼ 0.00%ADA$0.2652▲ 4.75%LEO$8.94▼ 0.52%RAIN$0.0114▼ 0.22%XLM$0.2135▼ 2.56%NEAR$5.17▲ 4.06%BCH$315.19▼ 0.37%UNI$9.07▲ 0.41%LTC$70.12▼ 1.52%CC$0.1271▼ 0.43%USDE$0.9997▲ 0.01%SUI$1.19▼ 1.90%AVAX$10.88▼ 2.00%DAI$0.9998▼ 0.01%HBAR$0.1016▼ 1.97%BTC$85,675.00▲ 0.30%ETH$2,709.00▲ 0.24%USDT$0.9999▲ 0.01%BNB$786.30▼ 0.35%XRP$1.50▼ 0.42%USDC$0.9999▼ 0.00%SOL$120.02▼ 1.12%TRX$0.3366▲ 0.30%FIGR_HELOC$1.05▲ 0.00%ZEC$1,339.16▲ 0.39%HYPE$93.81▲ 3.79%DOGE$0.0952▼ 0.34%XMR$556.73▲ 1.91%LINK$13.92▼ 1.61%WBT$85.59▲ 0.83%USDS$0.9999▼ 0.00%ADA$0.2652▲ 4.75%LEO$8.94▼ 0.52%RAIN$0.0114▼ 0.22%XLM$0.2135▼ 2.56%NEAR$5.17▲ 4.06%BCH$315.19▼ 0.37%UNI$9.07▲ 0.41%LTC$70.12▼ 1.52%CC$0.1271▼ 0.43%USDE$0.9997▲ 0.01%SUI$1.19▼ 1.90%AVAX$10.88▼ 2.00%DAI$0.9998▼ 0.01%HBAR$0.1016▼ 1.97%
G.MARKETS/PAIR ANALYSIS·Waves logoWAVES→Tether logoUSDT· LIVE· as of 19:52 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

WAVES WOULD BE
$0.00000000
currently $0.3024 · target mcap $184.08B
▲ 0.00x TO MATCHWAVES NEEDS A 6.1Kx MOVE TO MATCH USDT
COIN PROFILES·WAVES vs USDT
Waves logo
Waves
SOURCE

Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems.

PRICE$0.3024
24H CHANGE▼ 1.00%
MARKET CAP$30.25MFDV $30.25M · Fully circulating
RANK#709
SUPPLY100.0M WAVES
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$0.9999
24H CHANGE▲ 0.01%
MARKET CAP$184.08BFDV $189.54B · 3% supply locked
RANK#3
SUPPLY184.1B USDT
DOMINANCE6.14%
7d▲ 0.02%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
6.1Kx bigger
WAVES$30.25M
USDT$184.08B
THE CLIMBWaves logoWAVES→Tether logoUSDTMULTIPLIER▲ 6.1KxGAP$184.05B
$100.00M$1.00B$10.00B$100.00B
Waves logo
SOURCEWAVES$30.25M
Tether logo
TARGETUSDT$184.08B
AWE Network logo
AWE$130.28M
1INCH logo
1INCH$150.40M
Sonic logo
S$166.62M
Zama logo
ZAMA$211.65M
Zebec Network logo
ZBCN$254.36M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG$321.23M
SPX6900 logo
SPX$427.49M
Curve DAO logo
CRV$588.36M
Aerodrome Finance logo
AERO$849.17M
United Stables logo
U$1.53B
OKB logo
OKB$2.70B
Litecoin logo
LTC$5.45B
log scale · mcap in USDOct 5, 2026
Waves logo
WAVESWaves
$30.25MSOURCE
AWE Network logo
AWE
$130.28M
1INCH logo
1INCH
$150.40M
Sonic logo
S
$166.62M
Zama logo
ZAMA
$211.65M
Zebec Network logo
ZBCN
$254.36M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG
$321.23M
SPX6900 logo
SPX
$427.49M
Curve DAO logo
CRV
$588.36M
Aerodrome Finance logo
AERO
$849.17M
United Stables logo
U
$1.53B
OKB logo
OKB
$2.70B
Litecoin logo
LTC
$5.45B
Tether logo
USDTTether
$184.08BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF WAVES HIT USDT MCAP·TARGET $1,840.76
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 WAVES$30.25$184,076.33+$184,046.09
Coffee money1K WAVES$302.45$1,840,763.34+$1,840,460.89
Small bag10K WAVES$3,024.50$18,407,633.43+$18,404,608.93
Real bag100K WAVES$30,245.00$184,076,334.28+$184,046,089.28
Whale bag1M WAVES$302,450.00$1,840,763,342.75+$1,840,460,892.75
Generational10M WAVES$3,024,500.00$18,407,633,427.50+$18,404,608,927.50
$184.08B 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 Waves (WAVES) and Tether (USDT). With Waves currently at $0.3024 per coin and a market cap of $30.25M, and Tether at $0.9999 with a market cap of $184.08B, applying Tether's market cap to Waves's circulating supply produces a hypothetical WAVES price of $1,840.76 — a 6.1Kx move from current.

Waves: Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems.

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

If Waves (WAVES) had Tether's (USDT) current market cap of $184.08B, each WAVES would be worth approximately $1,840.76 based on the circulating supply of 100,000,000 WAVES. That is 6.1Kx the current WAVES price of $0.3024.

What is the current market cap of Waves?

Waves (WAVES) currently has a market cap of $30.25M, ranking #709 by market capitalization. Each WAVES trades at $0.3024.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.08B, ranking #3 by market capitalization. Each USDT trades at $0.9999.

How does WAVES compare to USDT?

Waves's market cap of $30.25M sits orders of magnitude beyond Tether's $184.08B. For WAVES to reach USDT's current valuation, the price would need to move 6.1Kx 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 Waves'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.