
Tezos XTZ
Rank #143 by market cap
Last 7 days
CM Profile: Tezos
Cryptominium Profile. What we have established, measured and written about XTZ, and what we have not.
- Measured
- Selling $100,000 on 2 exchange order books lost between 0.72% and 16.45%, on 3 November 2026.
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold XTZ. How each part is worked out
What changed
Week to 3 November- Price down 11.8% since 27 October.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell XTZ
Selling $100,000 of XTZ into each exchange’s resting bids, measured against the mid price:
| Exchange | Lost | Got back | Measured |
|---|---|---|---|
| Kraken XTZ/USD | 0.72% | $99,284 | 2026-11-03 |
| Coinbase XTZ/USD | 16.4% | $83,553 | 2026-11-03 |
Exchange figures need an account there (and KYC, a permitted country, the tokens already deposited), are before trading fees, and are never averaged with the on-chain figure. Binance is not included: it refuses requests from the region our servers are in. How this is measured →
Watch this number instead of remembering it. A free account keeps XTZ on a list, records where it stood the day you added it, and emails you if selling it on these exchanges gets materially harder — one message, not a series. The measurement itself stays public; the account is for being told when it moves without you looking.
What Tezos is
Tezos is an open-source blockchain platform for assets and applications, built with a focus on code security, on-chain governance, and decentralization. It was conceived by Arthur and Kathleen Breitman, first proposed in a 2014 white paper published under the pseudonym L.M. Goodman, and launched as a mainnet in 2018. A further evolution, referred to as Tezos 2.0, is described as aiming to improve scalability through layer 2s and to support mainstream programming languages such as JavaScript, TypeScript, and Python.
The network runs on Liquid Proof-of-Stake, a consensus mechanism in which stakeholders participate either directly or by delegating to a validator, earning rewards for helping secure the chain. Its distinguishing feature is on-chain governance: holders can submit and vote on protocol upgrade proposals, and approved changes are applied through self-amendment rather than a hard fork. The protocol was also built with formal verification in mind, a property intended to help smart contract developers avoid certain classes of bugs before deployment.
Tezos is not a new or experimental design in blockchain terms — it has operated since 2018 — but that history is not a guarantee of anything beyond continuity of uptime. Its on-chain governance removes the need for contentious forks, yet this does not mean upgrades are free of disagreement or that voter turnout among stakeholders is necessarily broad; the source does not say. Formal verification support makes certain bugs easier to rule out, not impossible to introduce elsewhere in a contract. It is classified by data providers as a Layer 1 smart contract platform and Proof-of-Stake network, and is tracked in broader index baskets alongside other Layer 1 chains — a classification, not an endorsement of performance, adoption, or security relative to peers. No claims here address transaction throughput, validator decentralization in practice, or ecosystem size, because none of that was measured.
What Tezos can do
Selling $100,000 on Kraken lost 0.72% against the mid price, before trading fees. Check your own amount →
Our own measurement · measured 3 November 2026
Tez can be put behind a baker, Tezos's name for a validator, in two ways. Delegating leaves it spendable at any time and carries no penalty if the baker misbehaves. Staking locks it, though it stays in your own account, shares the baker's penalties, and takes up to 4 days to undo.
Source: Tezos docs: staking · checked 2 October 2026
Tezos runs programs stored on its chain, which cannot be changed once deployed, and the fees are paid in tez. Each app is its own code with its own flaws.
Sources: Tezos docs: smart contracts, Tezos docs: tokens · checked 2 October 2026
What a coin can do is not a reason to buy it or to sell it. Each answer names its source and the day we read it; where we could not source one, the row is left out. How these are written · Every coin we have written up
About the asset
Tezos has no token contract — it is the native asset of its own chain, not a token issued on someone else's.
Price change
Tezos data synced 4m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell XTZ.