Monero
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What is Monero?
Launch and purpose
Monero's blockchain launched on 18 April 2014 from the CryptoNote codebase. The original founder used the name thankful_for_today. A community-led team took over development after disagreement over proposed changes. There was no premine, token sale or founder allocation. XMR is used for payments that conceal transaction participants and amounts.
Privacy and mining
RandomX replaced CryptoNight as Monero's mining algorithm in November 2019. It is optimized for general-purpose CPUs and designed to resist specialized ASIC hardware. Ring signatures obscure which input authorized a payment. Stealth addresses prevent ordinary recipients' public addresses from appearing as reusable destinations on the ledger. RingCT hides the transferred amounts. Dandelion++ helps obscure the network origin of broadcast transactions.
Monetary rules
Monero targets blocks approximately two minutes apart. Its main emission phase ended in 2022, followed by a continuing subsidy of 0.6 XMR per block. There is no final supply cap because this tail emission continues indefinitely. Transaction fees are paid in XMR and supplement miner rewards. Block capacity can expand with demand, with reward penalties governing oversized blocks.
Where to trade XMR
17 exchanges · top 10
Live spot quotes from connected exchanges
XMR funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.