Coins: 2020
Exchanges: 149
Dominance:
BTC 40.8%
ETH 17.6%
BCH 4.94%
  • Market Cap $3,744,924,742
  • 24 Hour Trading Vol $36,123,148
  • 24h Low / 24h High $0.18368 / $0.19982
XLM
USD

Stellar (XLM) Overview

Complete Metrics Score
70%
Total
Major Exchanges Trading Activity
68%
Liquidity
Source Code Repository Activity
85%
Developer
Social Media & Discussion Board
57%
Community
Price Chart
About

Stellar is a distributed hybrid blockchain platform that aims to help facilitate cross-asset transfer of value at a fraction of a penny. Stellar is aiming to be an open financial system that gives people of all income levels access to low-cost financial services.

Distributed Exchange
Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency.

For instance, if Joe wanted to send USD to Mary using her EUR, an offer is submitted to the distributed exchange selling USD for EUR. This submitted offer forms is known as an order book. The network will use the order book to find the best exchange rate for the transaction in-order to minimize the fee paid by a user.

This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network.

Lumens (XLM)
Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost.

In-order to prevent DoS attacks (aka spams) that would inevitably occur on the Stellar network, a small fee of 0.00001 XLM is associated with every transaction that occurs on the network. This fee is small enough so it does not significantly affect the cost of transaction, but large enough so it dissuades bad actors from spamming the network. The collected fee is then redistributed and added to an inflation pool. This inflation pool releases Lumens at a rate of 1% each year.

Quick Stats
Stellar Price $0.1996
Market Cap $3,744,924,742
Trading Volume $36,123,148
24h Low / 24h High $0.18368 / $0.19982
Gecko Rank #14
Market Cap Rank #8
All Time High $0.87556300
Since All Time High
-77%
All Time High Date 2018-01-03 (6 months)
24 Hours
8.2%
7 Days
-13%
14 Days
-19%
30 Days
-31%
60 Days
-41%
1 Year
500%
Links
Homepage https://www.stellar.org/
Announcement https://stellarcommunity.org/ https://bitcointalk.org/index.php?topic=1428573.0 Bitcointalk Thread
Blockchain/Supply https://dashboard.stellar.org/ https://stellar.expert/explorer/public/ https://steexp.com/
Discussion Forum https://galactictalk.org/
Chat http://slack.stellar.org/
Misc. Info
Genesis Date -
Hashing Algorithm -
Hashrate N/A Try Cloud Mining
Block Time minutes
Available/Total Supply 18.8 Billion / 104 Billion
# Exchange Pair Price 24h Volume Volume %
1
Updated 4 minutes ago
$0.20
0.00003184 BTC
$13,620,948.34
68096344.000 XLM
58.92%
2
Updated 4 minutes ago
$0.20
0.19986 USDT
$4,485,561.25
22418189.530 XLM
19.4%
3
Updated 5 minutes ago
$0.19
0.000030946 BTC
$1,792,366.15
9219207.693 XLM
7.75%
4
Updated 1 minute ago
$0.20
0.00003171 BTC
$1,665,513.78
8346287.000 XLM
7.19%
5
Updated 4 minutes ago
$0.19
0.00003055 BTC
$1,558,168.79
8118798.824 XLM
6.74%
1615
Stars
240
Watchers
437
Forks
62
Contributors
277
Merged Pull Requests
618 / 738
Closed Issues / Total Issues