1 · Etherlink deposits
WatchEtherlink deposits sit about 80% below their Oct 2025 peak.
Data
| Date | Etherlink TVL |
|---|---|
| Jul 31 2026 | $15.8M |
| Aug 31 2026 | $14.9M |
| Sep 30 2026 | $16.1M |
| Oct 23 2026 | $15.9M |
No single dated event in the next 90 days.
Stakers earn new XTZ every block. Burns barely dent it.
XTZ runs Tezos: 1.10B coins circulate, 98% of them unlocked. Bakers and stakers are paid in new XTZ, and storage fees are destroyed.
Sell pressure. Staking rewards created 8.07M XTZ in 90 days, about 2.8% a year. Old fundraiser claims added 15,684. Nothing vests.
Buy pressure. Burns removed 62,973 XTZ, half of it from six lost rollup bonds in August that will not repeat.
Net. Net, supply grows about 0.73% in 90 days, and the same next.
Every block the protocol creates new XTZ to pay bakers, stakers and delegators. The yearly rate adjusts by itself to how much XTZ is staked: about 31% is staked now, and the chain reads a rate of 2.81% a year. Over these 90 days 8,071,689 new XTZ were created, about 89,700 a day. The extra subsidy for the built-in exchange has been switched off by bakers since Jun 2 2026, so it adds nothing.
XTZ has no vesting left. The Foundation and early-team shares vested monthly over four years and finished in 2022. No unlock is scheduled.
About 19.97M XTZ from the 2017 fundraiser has never been claimed, so it is not counted as circulating. Buyers claimed 15,684 XTZ of it in five claims this window (Jul 28 to Oct 13 2026), and about 93,500 over the last year, so we expect roughly 23,400 next. The Tezos Foundation holds about 91.57M XTZ in 16 known wallets (4 bakers, 10 delegators, 2 new staking wallets filled in early October); it reported XTZ worth $76M at Dec 31 2025. All of that is already counted as circulating, so a Foundation sale adds no new supply.
No bankruptcy estate, trustee or long lock holds XTZ. Staked XTZ and rollup bonds can be withdrawn, and they already count as circulating.
Nothing buys XTZ back. Fees go to bakers or are destroyed, and the destroyed part is counted as the fee burn below.
Storage fees and new-account fees are destroyed when paid: 23,244 XTZ in 90 days. The built-in exchange also destroys 0.1% of every trade, which sent 9,730 XTZ to an address no one can spend from. Together 32,973 XTZ, about 366 a day.
The Foundation stakes and moves XTZ between its own wallets; nothing this window shows it buying XTZ.
Staking grew by about 13.3M XTZ this window, partly from Foundation wallets. Staked XTZ still counts as circulating and can be unstaked, so it takes nothing out of the float.
Between Aug 15 and Aug 18 2026, six disputes on the Etherlink rollup ended with the losing side giving up a 10,000 XTZ bond: half went to the winner, half was destroyed. A one-off, so the next 90 days count 0.
Two sides: how much people want XTZ right now, and how much buying could come later.
It shows how hot XTZ is right now. A better rank means more people are talking about it.
Today, people are talking about XTZ for two reasons:
On Oct 22 2026, Kraken said it has delays with Tezos (XTZ) withdrawals and is working to fix them. Deposits and trading were not part of the notice. People ask how long the fix will take, and if their coins are safe.
A new Tezos proposal period opened on Oct 21 2026 and runs to Nov 4 2026. No upgrade has been proposed yet, and 199 bakers can vote. People ask what the next Tezos upgrade will bring, after the team asked the community for ideas.
Checked Oct 22 2026
Tezos (XTZ) is inflationary right now: its supply changes +0.73% over the next 90 days and +2.93% over the next year (checked Oct 19 2026). More XTZ is added than removed.
About +2.93% a year: that is how much Tezos (XTZ) supply changes over the next 12 months, with +0.73% in the next 90 days (checked Oct 19 2026). That puts XTZ #54 of 101 coins we track for new supply (#1 = the most new supply).
No dated Tezos (XTZ) unlock is scheduled in the next 90 days (checked Oct 19 2026). New XTZ still arrives: about 8.1M XTZ in 90 days.
Yes. In our count, about 33K XTZ is expected to leave the market over the next 90 days through burns, buybacks or locks (checked Oct 19 2026). How it works: No buyback; storage and exchange burns destroyed 32,973 XTZ and six lost rollup bonds another 30,000.
In our count, about 8.1M new XTZ reaches the market over the next 90 days (checked Oct 19 2026). How it works: 8.07M new XTZ paid to stakers and bakers in 90 days under adaptive issuance, plus 15,684 XTZ of old 2017 fundraiser coins claimed.
About 1.1B XTZ is in circulation (checked Oct 19 2026). Over the next 90 days that changes +0.73%, and over a year +2.93%.
Over the next 90 days (checked Oct 19 2026): XTZ +0.73%, PENDLE +1.86%, SPX 0.00%, SUN −0.04%. XTZ sits in the middle of these 4 coins.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things: supply and demand. Fewer new coins mean less selling pressure. We also show each coin's age, with a warning when it is younger than 1 year. Demand shows how much people want the coin. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss. XTZ supply grows +0.73% in the next 90 days, so it shows in red: more XTZ reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
Related supply research: PENDLE +1.86% · SPX 0.00% · SUN −0.04% · All crypto inflation rates (110 coins) → · Full XTZ supply report → · Embed this coin
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