Tezos Market Cap Calculator
Calculate Tezos (XTZ) market cap from the live XTZ price and circulating supply — plus FDV, and the price XTZ would need to reach any target valuation.
Result
Enter values to see the result.
Using the Tezos Market Cap Calculator
Market cap is simply the live XTZ 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 1.09 billion XTZ, which is where it stood on 31 July 2026 — supply moves, so check it against a market data source if you need an exact figure, and edit the field.
Tezos 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 XTZ 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 XTZ be worth at some other valuation? Enter a target market cap and the calculator returns the implied XTZ 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 xTZ is a small-cap relative to the majors, so it moves further than BTC in both directions and can be thin during fast selloffs.
The XTZ price behind each market cap
- Circulating supply
- 1.09B XTZ
- $10B cap →
- $9.16
- $100B cap →
- $91.58
XTZ's circulating supply is about 1.09B (as of 31 Jul 2026). Market cap is only price × supply, so a target valuation pins one exact price — no guesswork.
A $1 billion cap would put XTZ at $0.9158, a $10 billion cap at $9.16, and a $100 billion cap at $91.58. XTZ has no fixed cap here, so there is no fully-diluted denominator to add — the market-cap figure is the honest one.
Figures are derived from XTZ's own daily closes over the window shown and are bounded by it — not all-time values. Prices move; treat them as context, not a forecast.
Tezos at a glance
- Launched
- June 2018
- Consensus
- Liquid proof-of-stake (baking)
- Max supply
- No hard cap — issuance adapts to participation
- Block time
- Around 8 seconds
- Governance
- On-chain amendments — the protocol upgrades without forking
- Native staking
- Yes — delegate (liquid) or stake (locked, ~2× the rate)
Frequently asked questions
- What is Tezos's market cap?
- Multiply the live XTZ price by the circulating supply — around 1.09 billion XTZ as of 31 July 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 XTZ 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 XTZ price, which is usually the more sobering number.
- Does Tezos have a fully diluted valuation?
- Not a meaningful one. XTZ 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 XTZ calculators
Free Tezos (XTZ) profit calculator. Enter your buy and sell price to see XTZ profit, loss, ROI and fees — prefilled with the live XTZ price.
Free Tezos (XTZ) dollar-cost-averaging calculator. Model recurring XTZ buys to see coins accumulated, average entry and portfolio value at today's live price.
Work out your weighted average Tezos (XTZ) entry price across multiple buys — and see exactly where your break-even sits.
Estimate Tezos (XTZ) staking rewards over any period. Prefilled with a typical XTZ reward rate and the live XTZ price — edit both to match your validator.
Find the exact Tezos (XTZ) price that liquidates your leveraged position. Prefilled with the live XTZ price — set your leverage and direction.
Crypto Market Cap Calculator for other coins
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Prefer the generic version without XTZ presets? Open the Crypto Market Cap Calculator.
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For educational purposes only. Rates, fees and protocol parameters change — verify current figures with your exchange or validator before acting. Not financial advice.