Monero (XMR)
Unlock Schedule
Monero (XMR) Token Unlock & Vesting Schedule
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
How XMR enters circulation
XMR is the currency used to make payments and pay transaction fees on Monero. It also rewards miners who help maintain the network. The initial issuance schedule had produced about 18.132 million XMR by the end of May 2022. It was followed by tail emission, which adds 0.6 XMR for each roughly two-minute block. As the total supply grows, that fixed addition becomes a smaller percentage of the whole. (getmonero.org)
Tail emission gives miners a continuing block reward alongside transaction fees. Monero therefore has no fixed final supply. Its economic design is centered on an ongoing payment network and a continuing reason to mine. XMR is earned through proof of work rather than by locking coins in a staking system. (getmonero.org)
Assumptions
Monero creates XMR through proof-of-work mining, including its genesis-block miner reward. Its main reward declined over time; since June 2022, miners have received a base tail reward of 0.6 XMR per block with no scheduled end. The chart uses dated supply measurements for past issuance and estimates the amounts between those measurements and the timing of future blocks. One supplied 2024 measurement conflicts sharply with a later block-explorer total, and a cumulative burned-supply figure was not established.
- 1. https://web.getmonero.org/resources/about/
- 2. https://web.getmonero.org/get-started/faq/
- 3. https://github.com/monero-project/monero/blob/master/src/cryptonote_basic/cryptonote_basic_impl.cpp
- 4. https://github.com/monero-project/monero/blob/master/src/cryptonote_config.h
- 5. https://web.getmonero.org/library/Zero-to-Monero-2-0-0.pdf
- 6. https://piratechain.com/blog/the-pirate-chain-halvening/
- 7. https://www.getmonero.org/2022/04/18/this-year-in-monero.html
- 8. https://beta.getmonero.org/blog/2021/04/24/this-year-in-monero/
- 9. https://docs.getmonero.org/technical-specs/
- 10. https://localmonero.co/blocks/block/366033
- 11. https://localmonero.co/blocks/block/1212726
- 12. https://localmonero.co/blocks/block/2255791
- 13. https://localmonero.co/blocks/block/2524652
- 14. https://localmonero.co/blocks/block/2641623
- 15. https://localmonero.co/blocks/block/3013741
- 16. https://moneroblocks.info/block/3274576
- 17. https://moneroblocks.info/block/3471078
- 18. https://moneroblocks.info/block/3753447
- 19. https://moneroblocks.info/
- 20. https://www.coingecko.com/
Allocations
Open-ended per-block emission without a sourced end; dates past the last dated anchor are projected, and there is no finite total
Dates past the last dated anchor are projected at the 120-second target block interval
Description
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Monero is a cryptocurrency that focuses on privacy and fungibility. It uses various techniques to hide the identities of senders and receivers, as well as the amounts and origins of transactions.
| Sector: | Payments |
| Blockchain: | Other L1 |