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Market stats

Market cap


Volume (24h)


Circulating supply

18.4M XMR

All time high


Price change (1h)


Price change (24h)


Price change (7d)


About Monero

Monero is a cryptocurrency focused on privacy. Transactions on the Monero blockchain can’t be tracked or traced. Monero uses a proof of work consensus algorithm to issue new coins and secure transactions.

What is Monero?

Monero (XMR) is a digital asset that was introduced in 2014 with the primary intention of facilitating private and anonymous transactions. Unlike many other digital assets, Monero's design aims to conceal the details of senders and recipients through advanced cryptography, making it challenging to trace payments back to their original source. This emphasis on privacy and security is a fundamental aspect of Monero, with the project striving to provide protection to all users, regardless of their technical competence. Monero seeks to enable quick and inexpensive payments without the fear of censorship.

How does Monero work?

Monero operates on the principle of decentralization, meaning that a user doesn't need to trust anyone else on the network. It aims to achieve privacy through several unique features. Unlike other digital assets where each coin has its own serial number, Monero is completely fungible, meaning that each individual unit of the currency is interchangeable with any other. By default, details about senders, recipients, and the amount of crypto being transferred are obscured. This obfuscation is achieved through the use of ring signatures, where past transaction outputs are picked from the blockchain and act as decoys, making it difficult for outside observers to identify the real sender. To ensure that transactions cannot be linked to one another, stealth addresses are created for every single transaction that are only used once.

What are the potential use cases for Monero?

The primary use case for Monero is as a medium of exchange that offers privacy and anonymity to its users. The level of secrecy provided by Monero is highly valued by users who wish to conduct digital asset transactions without fear of being monitored by external parties, including governments and hackers. Monero's untraceability also means that its coins cannot be blacklisted by businesses due to alleged illicit connections. This makes Monero a potentially attractive option for individuals who believe that demand for privacy will increase in the future.

What is the history of Monero?

Monero was created in 2014 by a team of seven developers, five of whom chose to remain anonymous. The origins of Monero can be traced back to Bytecoin, a privacy-focused and decentralized digital asset that was launched in 2012. Two years later, a member of the Bitcointalk forum, known only as thankfulfortoday, forked Bytecoin's codebase, leading to the birth of Monero. This was in response to proposed changes to Bytecoin that were controversial and disagreed with by others in the community. Since its inception, it is believed that hundreds of developers have contributed to Monero.

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Monero is on the rise this week.

The price of Monero has risen by 2.68% in the past 7 days. The price increased by 0.19% in the last 24 hours. In just the past hour, the price grew by 0.03%. The current price is $172.43 per XMR. Monero is 66.69% below the all time high of $517.62.

The current circulating supply is 18,367,684.681 XMR.


What is the current price of Monero?

We update our Monero to USD currency in real-time. Get the live price of Monero on Coinbase.

What is the market cap of Monero?

The current market cap of Monero is $3.17B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Monero?

The all-time high of Monero is $517.62. This all-time high is highest price paid for Monero since it was launched.

What is the 24 hour trading volume of Monero?

Over the last 24 hours, the trading volume of Monero is $104.07M.

What other assets are similar to Monero?

Assets that have a similar market cap to Monero include Bitcoin Cash, Wrapped EOS, Cosmos, and many others. To see a full list, see our comparable market cap assets.

How many Monero are there?

The current circulating supply of Monero is 18 million.

Can I buy Monero on Coinbase?

No, Monero is not currently available on Coinbase, but you can sign up to get the latest news on Monero and be notified when it gets added to our exchange.

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