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·WAX logoWAXP→Tether logoUSDT· LIVE· as of 19:52 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

WAXP WOULD BE
$0.00000000
currently $0.006243 · target mcap $184.08B
▲ 0.00x TO MATCHWAXP NEEDS A 6.3Kx MOVE TO MATCH USDT
COIN PROFILES·WAXP vs USDT
WAX logo
WAX
SOURCE

WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants.

PRICE$0.006243
24H CHANGE▼ 0.32%
MARKET CAP$29.30MFDV $29.30M · Fully circulating
RANK#722
SUPPLY4.7B WAXP
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
6.3Kx bigger
WAXP$29.30M
USDT$184.08B
THE CLIMBWAX logoWAXP→Tether logoUSDTMULTIPLIER▲ 6.3KxGAP$184.05B
$100.00M$1.00B$10.00B$100.00B
WAX logo
SOURCEWAXP$29.30M
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
WAX logo
WAXPWAX
$29.30MSOURCE
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 WAXP HIT USDT MCAP·TARGET $39.22
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 WAXP$0.6243$3,921.92+$3,921.29
Coffee money1K WAXP$6.24$39,219.18+$39,212.94
Small bag10K WAXP$62.43$392,191.82+$392,129.39
Real bag100K WAXP$624.32$3,921,918.19+$3,921,293.87
Whale bag1M WAXP$6,243.16$39,219,181.90+$39,212,938.74
Generational10M WAXP$62,431.60$392,191,818.99+$392,129,387.39
$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 WAX (WAXP) and Tether (USDT). With WAX currently at $0.006243 per coin and a market cap of $29.30M, and Tether at $0.9999 with a market cap of $184.08B, applying Tether's market cap to WAX's circulating supply produces a hypothetical WAXP price of $39.22 — a 6.3Kx move from current.

WAX: WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants.

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

If WAX (WAXP) had Tether's (USDT) current market cap of $184.08B, each WAXP would be worth approximately $39.22 based on the circulating supply of 4,693,528,150 WAXP. That is 6.3Kx the current WAXP price of $0.006243.

What is the current market cap of WAX?

WAX (WAXP) currently has a market cap of $29.30M, ranking #722 by market capitalization. Each WAXP trades at $0.006243.

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 WAXP compare to USDT?

WAX's market cap of $29.30M sits orders of magnitude beyond Tether's $184.08B. For WAXP to reach USDT's current valuation, the price would need to move 6.3Kx 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 WAX'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.