Stellar
XLM Rank #20Price chart
What is Stellar?
Origins and applications
Jed McCaleb and Joyce Kim co-founded Stellar, which launched in 2014. The nonprofit Stellar Development Foundation supports its development. The network handles payments and transferable assets issued by external organizations. Anchors connect blockchain balances to services such as deposits, withdrawals and cross-border settlement.
Consensus and execution
The Stellar Consensus Protocol uses federated Byzantine agreement. Each validator chooses the other validators it relies on through a quorum set. Consensus combines these trust decisions to agree on ledger updates. David Mazieres designed SCP. Validators receive no protocol staking or mining reward. Soroban adds smart-contract execution to the Stellar network.
Lumen supply and resource costs
The network initially created 100 billion lumens. Protocol inflation ended in October 2019, and a subsequent burn reduced supply to roughly 50 billion XLM. No further lumens are created by the protocol. XLM pays transaction fees and satisfies minimum account-balance requirements. Accounts reserve additional XLM when they add ledger entries such as trustlines. Smart-contract activity also incurs resource fees and storage rent denominated in XLM.
Where to trade XLM
110 exchanges · top 10
Live spot quotes from connected exchanges
XLM 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.