Monero

Monero is a layer-1 proof-of-work blockchain launched on 18 April 2014 that is designed to provide private, fungible digital cash. Unlike many public blockchains where transaction details are visible to anyone, Monero claims to conceal the sender, recipient, and amount transferred by default, addressing the concern that financial transactions should remain confidential. It is intended for anyone who wants to transfer value without that activity being traceable on a public ledger.

Monero reaches consensus through RandomX, a proof-of-work algorithm designed to run efficiently on general-purpose CPUs rather than specialised mining hardware, with a new block produced roughly every 2 minutes. The native token, XMR, is the unit used to pay transaction fees on the network and to reward miners who secure the chain. The blockchain stores transactions using cryptographic techniques — including ring signatures, stealth addresses, and confidential transaction amounts — that obscure the flow of funds while still allowing the network to verify that no coins are spent twice.

Monero has no explicit fee-revenue data stored in this profile, which means fee-based measures such as protocol revenue or fee yield that appear elsewhere on this site are not available for this asset. Transaction fees on the network are paid in XMR by users and collected by miners as part of the block reward; there is no protocol treasury or foundation that retains a share of fees. The circulating supply stands at approximately 18,796,577 XMR, and with supply issued at essentially 100 percent and a dilution overhang of roughly 0.000032 percent as of the point-in-time reading, the remaining unminted supply is negligible. Monero has no published maximum supply cap, but issuance is governed by a tail emission that keeps miner incentives in place indefinitely at a very low rate.