What is Monero's market cap?

Multiply the live XMR price by the circulating supply — around 18.79 million XMR as of 5 August 2026. The calculator above loads the current price and does this for you; the result updates the moment you change either field.

How do I calculate the XMR price at a given market cap?

Divide the target market cap by the circulating supply. The comparison field above does it directly and also shows the multiple against today's XMR price, which is usually the more sobering number.

Does Monero have a fully diluted valuation?

Not a meaningful one. XMR has no fixed maximum supply, so there is no final coin count to price. Judge it on current market cap and the annual issuance rate instead of on FDV.

How do you calculate crypto market cap?

Market cap = current price × circulating supply. A coin at $2 with 500 million coins in circulation has a $1 billion market cap. Note that it is circulating supply, not total supply — tokens still locked in vesting contracts or a treasury are excluded.

What is the difference between market cap and FDV?

Market cap uses only the coins in circulation today. Fully diluted valuation (FDV) prices every coin that will ever exist, including locked and unminted supply. A project with a $200M market cap but a $2B FDV has 90% of its supply still to hit the market.

Monero · XMR

Monero Market Cap Calculator

Calculate Monero (XMR) market cap from the live XMR price and circulating supply — plus FDV, and the price XMR would need to reach any target valuation.

Result

Enter values to see the result.

Using the Monero Market Cap Calculator

Market cap is simply the live XMR price multiplied by the number of coins in circulation, and this page does that with the current price loaded for you. The supply field starts at roughly 18.79 million XMR, which is where it stood on 5 August 2026 — supply moves, so check it against a market data source if you need an exact figure, and edit the field.

Monero has no hard supply cap, so there is no honest fully diluted valuation to quote — the FDV rows stay empty unless you enter a total supply yourself. That is a genuine difference from capped assets: with XMR the question is not how much locked supply is waiting, but how fast new supply is issued relative to demand.

The comparison field answers the question people actually come here for: what would XMR be worth at some other valuation? Enter a target market cap and the calculator returns the implied XMR price and the multiple from here. It is arithmetic, not a forecast — reaching a larger cap means absorbing every holder willing to sell on the way, and xMR reacts to exchange delistings and regulatory news more sharply than to the general market — several of its largest single-day moves have had nothing to do with Bitcoin.

Monero at a glance

Launched: April 2014
Consensus: Proof-of-work (RandomX, CPU-oriented)
Max supply: None — permanent tail emission of 0.6 XMR per block
Privacy: Mandatory — ring signatures, stealth addresses, RingCT
Block time: ~2 minutes
Native staking: None — XMR is mined

Frequently asked questions

What is Monero's market cap?: Multiply the live XMR price by the circulating supply — around 18.79 million XMR as of 5 August 2026. The calculator above loads the current price and does this for you; the result updates the moment you change either field.
How do I calculate the XMR price at a given market cap?: Divide the target market cap by the circulating supply. The comparison field above does it directly and also shows the multiple against today's XMR price, which is usually the more sobering number.
Does Monero have a fully diluted valuation?: Not a meaningful one. XMR has no fixed maximum supply, so there is no final coin count to price. Judge it on current market cap and the annual issuance rate instead of on FDV.
How do you calculate crypto market cap?: Market cap = current price × circulating supply. A coin at $2 with 500 million coins in circulation has a $1 billion market cap. Note that it is circulating supply, not total supply — tokens still locked in vesting contracts or a treasury are excluded.
What is the difference between market cap and FDV?: Market cap uses only the coins in circulation today. Fully diluted valuation (FDV) prices every coin that will ever exist, including locked and unminted supply. A project with a $200M market cap but a $2B FDV has 90% of its supply still to hit the market.

More XMR calculators

Monero Profit Calculator

Free Monero (XMR) profit calculator. Enter your buy and sell price to see XMR profit, loss, ROI and fees — prefilled with the live XMR price.

Monero DCA Calculator

Free Monero (XMR) dollar-cost-averaging calculator. Model recurring XMR buys to see coins accumulated, average entry and portfolio value at today's live price.

Monero Average Buy Price Calculator

Work out your weighted average Monero (XMR) entry price across multiple buys — and see exactly where your break-even sits.

Monero Liquidation Price Calculator

Find the exact Monero (XMR) price that liquidates your leveraged position. Prefilled with the live XMR price — set your leverage and direction.

Prefer the generic version without XMR presets? Open the Crypto Market Cap Calculator.

For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.