🔥 Out Now 🔥 Our Q1 2021 Crypto Report is fresh off the press! Read it first and understand the state of cryptocurrency in the first quarter of 2021 - from the rise of NFT to $2 trillion crypto market cap and much more! 🔎
tezos  (XTZ)

Tezos (XTZ)

$6.41 7.6%
0.00012620 BTC 0.8%
53,701 people like this
Market Cap
24 Hour Trading Vol
24h Low / 24h High
$5.79 / $6.50
Circulating Supply
831,598,665 / ∞

How do you feel about Tezos today?
Vote to see results!
You voted
Good Bad
86% 14%

We're indexing our data. Come back later!

Tezos Price and Market Stats

Tezos Price
XTZ Price $6.41
Tezos ROI 1263.1%
Market Cap $5,324,474,551
Market Cap Dominance 0.22%
Trading Volume $368,176,633
Volume / Market Cap 0.0698
24h Low / 24h High $5.79 / $6.50
7d Low / 7d High $6.00 / $7.11
Market Cap Rank #37
All-Time High $8.27 -22.5%
May 07, 2021 (8 days)
All-Time Low $0.350476 1726.9%
Dec 07, 2018 (over 2 years)
Affiliate disclosures
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Traded Trust Score
6.4245 USD
0.12% $2,347,061 $2,463,772
631069.358 XTZ
1.10% Recently
0.00012606 BTC
0.16% $1,000,509 $888,455
34908.013 XTZ
0.06% Recently
0.0001265 BTC
0.16% $748,004 $1,015,170
82515.386 XTZ
0.14% Recently
0.00012635 BTC
0.2% $1,245,762 $450,946
134367.500 XTZ
0.23% Recently
6.369 USDT
0.13% $381,462 $530,180
8934870.778 XTZ
15.43% Recently
Show More
* Anomaly - Trading price is an outlier against the average
** Inactive - No trades in the last 3 hours

About Tezos Coin

Tezos price today is $6.41 with a 24-hour trading volume of $368,176,633. XTZ price is up 7.6% in the last 24 hours. It has a circulating supply of 830 Million XTZ coins and a max supply of ∞. Bitfinex is the current most active market trading it.

Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an Ethereum-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible.

The source code is implemented on OCaml which is a fast, flexible and functional programming language which should suit an ambitious project and its technical requirements. Tezos’ proof-of-stake consensus algorithm is different from the delegated proof-of-stake (dPOS) where they go by the name liquid proof-of-stake. This liquid proof-of-stake that Tezos uses focus in filling the gap between both security and decentralization but still being able to take advantage of the benefits that delegated proof-of-stake offers. The staking process in Tezos is called “baking”. In this blockchain, bakers who make deposits will be rewarded for signing up and publishing blocks. However, if a baker commits any bad behavior the deposits will be forfeited.

Baking & Endorsing

Baking is what Tezos refers to as the action of signing and publishing a new block in the chain. Bakers need at least 8,000 XTZ to qualify as a delegate, and having additional delegated stake increases their chances of being selected as a Baker or Endorser.

At the beginning of each cycle (4096 blocks), the Bakers for each block are randomly selected and published. Bakers earn a block reward of 40 XTZ for baking a block.

In addition to the Baker, 32 Endorsers are randomly selected to verify the last block that was baked. Endorsers receive 2 XTZ for each block they endorse.

Block Rewards & Inflation

Block rewards are funded by protocol defined inflation. Rewards are calibrated so that the number of XTZ tokens grows at roughly 5.5% per year. If 100% of Tezos tokens are delegated, the annualized yield will be 5.5%. Currently, 38% of Tezos tokens have been delegated, including the 10% owned by the Tezos Foundation, so the annualized yield is currently 14%.

To ensure Bakers and Endorsers act honestly, they are required to post a security deposit for each block they Bake or Endorse. They forfeit this deposit in the event of malicious activity, such as double baking or double endorsing a block.

In 2018, Tezos successfully launched their main network after delaying the launch due to corporate governance disputes. The Tezos foundation planned to transition the network to a mainnet, or a more complete version. The foundation has also raised $232 million in July 2017 to build the network and issue a new type of cryptocurrency to its backers in one of the largest- ever initial coin offerings. The founders have also made it clear in their blog that the network is using a new blockchain technology hence unexpected issues may still occur affecting the network.


coingecko (thumbnail mini)
CoinGecko for iOS
coingecko (thumbnail mini)
CoinGecko for Android