Layer 1 · RandomX Proof of Work · Live since 2014

Monero

XMR

Monero is a proof-of-work Layer 1 that keeps senders, receivers and amounts private by default. Its native asset is XMR.

In the Zypto App Not yet in the Zypto App
TypePrivacy L1
ConsensusProof of Work (RandomX)
Block time~2 minutes
Native tokenXMR
Typical feeLow (varies with size)
Launched2014
Overview

Monero at a glance.

Monero is a proof-of-work chain that makes transaction privacy the default rather than an option. Here is how its privacy works and how it is used, not the price.

Total value locked (DeFi)

n/a

Value locked in DeFi protocols on Monero. Updated Jun 2, 2026. Source: DefiLlama.

Native token

XMR

Used for fees and securing the network. See the live XMR price.

How it works

How Monero works.

Miners compete to solve a computational puzzle using the RandomX algorithm, which is tuned to run well on ordinary CPUs and to resist specialized ASIC hardware. The first miner to find a valid solution adds the next block roughly every two minutes and earns the block reward. A small perpetual reward, called tail emission, keeps mining incentivized after the initial supply is issued.

Consensus: Proof of Work (RandomX)

Miners compete to solve a computational puzzle using the RandomX algorithm, which is tuned to run well on ordinary CPUs and to resist specialized ASIC hardware. The first miner to find a valid solution adds the next block roughly every two minutes and earns the block reward. A small perpetual reward, called tail emission, keeps mining incentivized after the initial supply is issued.

Private by default

Every transaction hides the sender, receiver and amount, so users do not opt in to privacy the way they would on a transparent chain.

Ring signatures and stealth addresses

Ring signatures mix a spend with other possible signers to obscure the sender, while stealth addresses generate a one-time address for each payment to obscure the receiver.

Hidden amounts

RingCT conceals transaction amounts, and Bulletproofs are a proof method that keeps those hidden-amount transactions smaller and cheaper to verify.

Dynamic blocks and tail emission

Block size adjusts to demand, and a small ongoing block reward continues after the main issuance to keep paying miners over the long term.

Ecosystem & usage

What Monero is used for.

XMR is used mainly as private digital cash for payments and transfers where amounts and parties are kept confidential.

Private payments

Send and receive value without exposing the sender, receiver or amount on a public ledger.

Confidential transfers

Move funds between wallets while keeping balances and transaction sizes hidden.

CPU mining

Participate in securing the network using ordinary computer processors thanks to the RandomX algorithm.

In the Zypto App

Hold, swap and spend XMR.

Monero is integrated in the Zypto App. Hold XMR in self-custody, swap it to any supported asset, and use it across Zypto’s features.

Be the reason Monero ships next.

Monero isn’t in the Zypto App yet. Post the request to your followers, chains with the most demand get prioritised.

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FAQ

Common questions.

How does Monero keep transactions private?
It combines ring signatures to hide the sender, stealth addresses to hide the receiver and RingCT to hide amounts, so privacy applies to every transaction by default.
Does Monero use mining or staking?
It uses proof-of-work mining with the RandomX algorithm, which is designed to favor CPUs and resist ASIC hardware.
How fast are Monero transactions?
New blocks are produced roughly every two minutes, and fees vary with the size of the transaction.
Can I hold XMR in the Zypto App?
Not yet. XMR isn't in the Zypto App at the moment. You can hold it in any self-custodial wallet, and you can ask us to add Monero using the "Request Monero" button above.
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