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Monero
XMR

Current price
86.989664 USD

24hr change
-0.11 %

24hr volume
74006550.08 USD

Market cap
1493138771.60 USD

Total supply
16551139 XMR

Circulating supply
16551139 XMR

What is Monero?

Monero (XMR) focuses on fungibility, privacy and decentralization. Monero uses an obfuscated public ledger, meaning anybody can broadcast or send transactions, but no outside observer can tell the source, amount or destination. Monero uses a Proof of Work mechanism to issue new coins and incentivize miners to secure the network and validate transactions.

Monero is actively encouraged to those seeking financial privacy, since payments and account balances remain entirely hidden, which is not the standard for most cryptocurrencies.