Monero (XMR) — how much XMR moves to market in the next 90 days?
Tail emission forever: 0.6 XMR per 2-minute block, no cap, no Foundation token treasury, no buyback. The simplest ledger in our coverage — one row carries everything, the other seven are zero by Monero's 2014 fair-launch design.
Setup
Monero launched April 2014 as a CryptoNote-family privacy chain — fair launch, no premine, no ICO, no team allocation. The main emission completed at block 2,641,623 (June 9, 2022), at which point the protocol switched to perpetual tail emission of 0.6 XMR per blockforever. Read directly from the official Monero docs:
- Tail emission: 0.6 XMR/block, no cap (perpetual)
- Block time: 2 minutes → 720 blocks/day → ~157,788 XMR/yr (~0.84% inflation today, trending toward 0)
- Current block: 3,682,498 (live block explorer · May 26 2026 10:20 UTC)
- Total supply (primary protocol math): ~18.76M XMR (18.132M at tail-start + ~624.52M tail-emitted since)
- Mining: RandomX (CPU-friendly, ASIC-resistant)
- Foundation funding: Community Crowdfunding System (CCS) — XMR holders donate. The protocol does NOT allocate any block reward to development.
The framework asks one structural question for any coin:
Part 1 · Sell pressureto market
Part 2 · Buy pressureoff market
Net result
Plug the totals back into the formula:
One of two coins in the lineup (with DOGE) where ONLY ONE row of the 4×2×2 grid is non-zero.~38.9K XMR per quarter to miners, every other cell is zero by Monero's 2014 fair-launch design. The structural picture is pure tail-emission inflation: ~0.84%/yr today, falling slowly toward 0% as supply grows but never reaching it (tail is perpetual).
⚠ Data conflict — monitor stale due to privacy chain
The monitor reports XMR circulating supply at 18.45M (today). The protocol math says it should be ~18.76M (18.13M pre-tail at block 2,641,623, plus 0.6 × 1,040,875 blocks of tail = +624,525 XMR). Gap: ~310,000 XMR (~1.7%).
Investigation: Monero's ring signatures + stealth addresses prevent external aggregators from observing wallet balances directly on-chain. The monitor cannot verify XMR supply via the blockchain — it has to trust either the project's self-reported figure or freeze on a prior value. The 18,446,744 figure appears to be a stale snapshot (and the digits coincidentally match the leading digits of 2^64, suggesting a possible uint64-sentinel parsing artifact).
Per the locked anti-fabrication rule, the framework keeps the primary protocol-math supply (~18.76M).The monitor figure is a flag, not a target. We do not back-derive a fake burn or lock row to make the math match the monitor's stale circulating field.
Data note.Tail emission rate + start block + block time are origin-first from the official Moneropedia tail-emission article + the project FAQ. Current block height from a live block explorer. Supply derived from primary protocol math (18.13M pre-tail + tail × blocks). Monitor END check flagged stale due to Monero's privacy properties — ⚠ data conflict shipped with primary kept per SDD §Anti-fabrication rule.