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3/31/2023, 4:04:55 PM

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Market stats

Market cap


Volume (24h)


Circulating supply

932.5M XTZ

Typical hold time

107 days



All time high


Price change (1h)


Price change (24h)


Price change (7d)


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Tezos is on the decline this week.

The price of Tezos has fallen by 1.23% in the past 7 days. The price increased by 1.44% in the last 24 hours. In just the past hour, the price shrunk by 0.18%. The current price is $1.13 per XTZ. Tezos is 90.75% below the all time high of $12.19.

The current circulating supply is 932,500,081.877 XTZ.


Average ratings from the community

4.6 out of 5

1353 ratings











Tezos is a cryptocurrency and decentralized computing platform. Its features include proof of stake consensus, formal verification (which lets developers verify the correctness of their code), and the ability to let stakeholders vote on changes to the protocol. Tezos's block creation process is called "baking" — Tezos holders who stake their tokens can receive Tezos tokens as a reward for creating and verifying blocks.

What Is Tezos (XTZ)?

Tezos (XTZ) is a cryptocurrency and a decentralized computing platform that aims to overcome fundamental hurdles to blockchain adoption for assets and applications. The Tezos blockchain network, which is supported by a worldwide community of validators, researchers, and builders, seeks to deploy complicated smart contracts for asset settlement and decentralized apps (DApps). Tezos aims to make it simple for developers to create advanced tools and products while new users may experience NFTs, DeFi, gaming, and other features across hundreds of Tezos-powered DApps. The network aims to enable high-value use cases both at protocol and application layers facilitating formal verification, a practice popularly used in mission-critical enterprises, spanning from nuclear and aviation to semiconductors and more.

According to the whitepaper, Tezos is described as a self-amending crypto ledger. Tezos claims this self-amendment and upgradability as one of its unique features. Through an in-protocol amendment process, Tezos upgrades itself without the requirement of a hard fork. A fork occurs when a community modifies a blockchain’s core set of rules or protocols, whereas a hard fork drastically changes the code without backward compatibility. As a result of performing upgrades in a self-amending manner, Tezos seeks to speed innovation, minimize the possibility of contentious splits, and promote long-term coordination of stakeholders within the Tezos community. Simply, the network evolves by modifying its own code.

According to the website, the Tezos platform is made to adjust, adapt, and add features through on-chain upgrades. The platform also aims to provide certain features for its users:

  • Security: The platform is designed to provide safety and code correctness for assets by using languages like Ocami and Michelson.

  • Scalable: Tezos boasts modern architecture and offers upgradability and scalability. 

  • Smarter smart contracts: The smart contrasts of Tezos are mathematically verifiable, reliable, and secured.

Tezos, powered by a decentralized network of nodes or participants, provides the computing resources required to ensure the network’s availability and integrity. Accordingly, Tezos’s proof-of-stake-based technique, known as baking, is used to achieve consensus among blockchain participants. This approach seeks to allow every stakeholder to participate in consensus without giving up ownership of their tokens through voluntary delegation. Also, proof of stake aims to enhance scalability and promote incentive alignment. 

Tezos, as an energy-efficient blockchain, intends to distinguish itself as a component of humanity’s digital future in the following ways:

  • Build: Tezos aims to enable developers all around the globe to lay the groundwork for a decentralized network and true digital community, from breaking the existing structure to reimagining possibilities in art, identity, finance, ownership, and other fields.

  • Play: The platform aims to facilitate playtime by reimagining games and puzzles to create a revolutionary experience.

  • Collect: Tezos’s NFT marketplace seeks to provide opportunities for artists and collectors alike. Tezos aims to offer fans of Formula One racing, music, transcendent art, comic books, etc. an opportunity to collect NFTs in a novel, practical, and energy-efficient way.

The native currency of Tezos is tez or XTZ. According to the official document, Tezos seeks to revolutionize retaining and exchanging value in a digitally interconnected economy. The XTZ coin seeks to have multiple use cases from enterprise to government and DeFi to NFTs. The coin also aims to allow asset tokenization, which is the process of tokenizing physical and real-world assets such as real estate or luxury items like collectibles, art, and more onto a blockchain. 

The XTZ token also aims to reward developers; any developer may propose a protocol update with an invoice attached. The community of “bakers,” who are validators in Tezos, vote on the protocol upgrade using XTZ’s formal built-in governance system. In simple terms, Tezos’s on-chain governance mechanism seeks to allow token holders to engage in the amendment process by selecting a baker to accept or reject the update.

History of Tezos (XTZ)

Tezos was one of the major proof-of-stake networks that launched in June 2018, cofounded by Arthur Breitman. Breitman is a Tezos Foundation council member and an early Tezos architect. He formerly worked as a research engineer at Google X and Waymo. The Tezos Foundation is one of several organizations in the Tezos ecosystem that work together to support the Tezos protocol and ecosystem. The Tezos Foundation’s mission is to promote the Tezos protocol through grants and other forms of capital deployment. 

Since Tezos is not a company, it does not have a core team or employees. Tezos is an open-source software project and blockchain to which anybody may contribute code. Further, Tezos launched its position paper in August 2014 and the original whitepaper in September 2014.

How Are New XTZ Tokens Created/Staked/Earned?

As mentioned earlier, the act of authenticating and publishing blocks to the Tezos blockchain is referred to as “baking.” Instead of miners, bakers in the Tezos network are an important part of this proof-of-stake consensus system. They ensure that all transactions in a block are valid, the sequence of transactions is agreed upon, and no double-spending occurs. Consequently, a baker engages in a proof of stake to bake blocks, which requires a minimum of 8,000 XTZ (1 roll). The more XTZ rolls a baker possesses, the better their chances of earning baking blocks and receiving baking incentives.

Additionally, users who do not own 8,000 XTZ or do not want to build up computational power can bake blocks or delegate the coins to bakers. Through delegation, coin holders lend their coins to a baker (delegate), which increases the baker’s chances of being chosen to bake and endorse blocks. Practically, bakers split the additional revenue created by delegated tokens with the coin holder. It is important to note that delegation does not transfer the ownership of coins, so the baker cannot use or control the XTZ delegated to it, which guarantees that bakers cannot appropriate delegators’ funds.

How Many XTZ Tokens Are Available in the Market?

There is no hard cap on the maximum supply of XTZ tokens. Currently, Tezos reports a total supply of over 900 million XTZ.

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Some highlights about Tezos on social media

Tezos was mentioned in 9,257 out of 1,564,586 social media posts on Twitter and Reddit on Mar 18, 2023. This is a 6.32% decrease compared to yesterday's volume. Additionally, 495 unique individuals are talking about Tezos and it is ranked #31 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Tezos has an average sentiment score of 3.2 out of 5. Finally, Tezos is becoming less newsworthy, with 0 news articles published about Tezos. This is a 100% decrease in news volume compared to yesterday.

On Twitter, people are mostly neutral about Tezos. There were 21.1% of tweets with bullish sentiment compared to 5.89% of tweets with a bearish sentiment about Tezos. 73% of tweets were neutral about Tezos. These sentiments are based on 526 tweets.

On Reddit, Tezos was mentioned in 1 Reddit posts and there were 0 comments about Tezos. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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495 people


9,257 posts



Volume rank


Average Sentiment

3.2 out of 5


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What is the current price of Tezos?

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

What is the market cap of Tezos?

The current market cap of Tezos is $1.05B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Tezos?

The all-time high of Tezos is $12.19. This all-time high is highest price paid for Tezos since it was launched.

What is the 24 hour trading volume of Tezos?

Over the last 24 hours, the trading volume of Tezos is $23.04M.

What other assets are similar to Tezos?

Assets that have a similar market cap to Tezos include BitDAO, Huobi BTC, Decentraland, and many others. To see a full list, see our comparable market cap assets.

How many Tezos are there?

The current circulating supply of Tezos is 933 million.

What is the typical holding time of Tezos?

The median time that Coinbase customers hold Tezos before selling it or sending it to another account or address is 107 days.

What is the relative popularity of Tezos?

Tezos ranks 28 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Tezos?

Currently, 98% of Coinbase users are buying Tezos. In other words, 98% of Coinbase customers have increased their net position in Tezos over the past 24 hours through trading.

Can I buy Tezos on Coinbase?

Yes, Tezos is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Tezos guide.