Monero · XMR

The leading proof-of-work coin for private digital cash

5/10
balance

A privacy coin with a small permanent emission that's genuinely used and getting busier — but privacy is the one story serious money likes as tech, not as a coin.

Checked Aug 28 2026
How we judge every coin · tap

You want coins with the best chance to rise. Three forces decide it: inflation (fewer new coins = less selling pressure), narrative (a strong story pulls buyers in), business model (is the token actually needed, and used). Full method →

Metric 1 · Coin inflation · 2/5FREE

XMR · a fixed tail reward, and nothing else touching supply.

XMR is the native coin of Monero, a proof-of-work privacy chain that hides amounts and senders — ~18.8M circulating, with no cap and no locked coins anywhere in the design.

Sell pressure. Mining is the only source of new coins. Counting real blocks, the chain minted 38.85K XMR over the last 90 days at a flat 0.6 XMR a block.

Buy pressure. 0 — no buyback, no fee burn, no staking lock. The chain keeps no revenue, so nothing absorbs supply back.

Net. About 0.21% of supply goes to market over 90 days — small, flat and about as predictable as issuance gets, because the reward never halves and never ends.

Inflation
Last 90 Days
+0.21%
updated · Aug 28 2026
Net flow: 0.21% of supply goes to market over 90 days
Next 90 Days
+0.21%
estimate
Net flow: 0.21% of supply goes to market next 90 days
Mixed flows · supply roughly steady
Sell pressure
1. Protocol inflation
~38.85K XMR

Mining is the only source of new XMR. Counting real blocks rather than the target block time, the chain produced 64,758 blocks over the last 90 days and each one paid a fixed tail reward of 0.6 XMR — about 38.85K new coins. Blocks ran at 120.07 seconds against a 120-second target, so the real count came in 42 blocks under the nominal 64,800. The reward never halves and has no end date, so the next 90 days mint the same amount, and the percentage falls a little every year as the float grows.

updated · Aug 28 2026
2. Vesting unlocks
0

No vesting exists. Monero launched in April 2014 as a fair, pre-announced launch with no premine, no instamine, no ICO and no dev tax, so no coins were ever set aside for a team or an investor to unlock. No unlock tracker publishes a schedule for XMR because there is none to publish.

permanent · no change
3. Foundation + unscheduled unlocks
0

No team-controlled allocation exists to release. Every XMR that exists was paid to a miner, so there is no foundation reserve, no labs holding and no treasury. The one pool worth watching is the community crowdfunding pot, which pays contributors from coins donated by users rather than from any protocol allocation; its balance cannot be read because this chain hides balances, so it is tracked through the project's published proposals. If that pot spends into the market between refreshes, the outflow lands here.

checked · Aug 28 2026
4. Long-term locked or bankruptcy
0

No bankruptcy estate and no long-term locked seller distributing XMR. There is no escrow contract and no locked tranche anywhere in the design — the whole supply is freely spendable the moment it is mined.

permanent · no change
Buy pressure
1. Programmatic buyback
0

No buyback. Monero keeps no protocol revenue at all — the full block reward and every transaction fee go straight to the miner — so there is no income stream that could fund buying XMR back off the market, and no contract that does it.

checked · Aug 28 2026
2. Protocol fee burn
0

No fee burn, checked two ways this build. Every block sampled across the window pays the 0.6 base reward plus its fees to the miner, so fees are paid out rather than destroyed, and the coin count rose steadily over the window on two independent chain reads. There is also nothing to read on the other side: this chain has no token contract and no address balances, so it has no dead address a burn could sit in.

checked · Aug 28 2026
3. Foundation buy
0

No accumulation programme. There is no foundation entity holding a treasury of XMR and no budget that buys coins on the open market. Contributor work is funded by user donations, which move coins between holders rather than absorbing them.

checked · Aug 28 2026
4. New long-term lock
0

Nothing locks XMR up. This is a proof-of-work chain with no staking, no bonding and no lockup contract, so there is no mechanism that takes coins off the tradable float.

permanent · no change
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M XMR)
0.039
0.039
Buy total (M XMR)
0.000
0.000
Sell % of circ
+0.207%
+0.207%
Buy % of circ
0.000%
0.000%
Net inflation %
+0.207%
+0.207%
Score (0–2)
1.3
1.3
Verdict
mixed
mixed
Circulating supply: 18.797M XMR
Read the full Inflation Analysis
XMR: a fixed tail reward, and nothing else touching supply.
Long-form mechanism walk. ~5 min.

My research. My portfolio. Free.

Deep research weekly. My real holdings monthly.