Tezos XTZ

Rank #143 by market cap

$0.2471
1H▼0.32% 24H▲1.19% 7D▼12.27%

Last 7 days

High $0.2850Low $0.2423

CM Profile: Tezos

Cryptominium Profile. What we have established, measured and written about XTZ, and what we have not.

Measured

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

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:

ExchangeLostGot backMeasured
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.

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24h low $0.2419 24h high $0.2514
Market cap
$271.94M
24h volume
$2.82M
Circulating supply
1,100,536,480 XTZ
Max supply
Unlimited
All-time high
$9.12
▼97.29% from ATH · Oct 2021
All-time low
$0.1918
Aug 2026

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

Be sold for dollars
Yes
Through An account at an exchange

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

Earn a return by itself
Yes
Through A baker you choose

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

Run applications
Yes
Through Nobody

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.

Links reported by CoinGecko — not checked by us
Classified by CoinGecko as Smart Contract Platform Layer 1 (L1) Proof of Stake (PoS) Privacy Blockchain Made in USA Governance

Price change

1h
▼0.32%
24h
▲1.19%
7d
▼12.27%

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.

The exit-friction index

Once a month we publish what a $100,000 exit really costs across every token we can measure. Leave an address and this month’s figure arrives straight away, and we will write again when the next index publishes. Nothing else, and never to anyone else.