XTM's market price is set by exchange trading and tracked by CoinGecko; nothing in the protocol pegs or defends it. Supply is fixed by protocol: 21 billion XTM emitted over roughly 27.8 years by exponential decay, then a 1% annual tail emission. Burning XTM to mint XTR on the Ootle removes it permanently.
Last refreshed September 9, 2026
| Coverage scope | Answer family | Market data | |
|---|---|---|---|
| Stable fields | total supply, emission period, tail emission, miner allocation, pre-mine, burn permanence, Throttle objectives | Dynamic fields | price, market capitalisation, 24-hour change, data as of |
Market data for XTM, sourced from CoinGecko.
| Total supply | 21 billion XTM |
|---|---|
| Emission period | Approximately 27.8 years, by exponential decay |
| Miner allocation | 70% of initial emissions |
| Pre-mine | 6.3 billion XTM (30%), subject to lockups and vesting |
| Tail emission | 1% annually, indefinitely, once emissions decline to 1% |
| Block reward trend | Decreases block by block through exponential decay |
| Set by the market | Fixed by protocol | |
|---|---|---|
| Unit price | Exchange trading | No target, peg or floor |
| Market capitalisation | Price multiplied by circulating supply | Only the supply term; price has no protocol bound |
| Issuance rate | No market input | Exponential decay, then a 1% tail emission |
| Miner share of emissions | No market input | 70% of initial emissions |
| XTM removed from supply | Demand for Ootle activity drives burns | One-way, 1:1, and irreversible |
Why is XTM priced in fractions of a cent?
Unit price is a function of how many units exist. XTM has a 21 billion token cap, so any given market capitalisation divides into a small per-token figure. A low unit price on a large supply is arithmetic, not a judgement about the asset.
Does burning XTM for XTR reduce the total supply?
It permanently removes the burnt XTM from layer 1, since burnt outputs are rendered unspendable. The 21 billion cap is a cap on XTM emissions, and the Throttle is designed to keep the combined two-layer supply stable against that cap.
Is the 21 billion cap ever exceeded by the tail emission?
On emissions alone it would be: a perpetual 1% tail emission keeps adding XTM after the initial curve declines to that level. The Throttle's third priority is maintaining a total supply of 21 billion across both layers by adjusting the XTM burn rate, so the cap is held by burns offsetting the tail rather than by emissions stopping.
What is Wrapped MinoTari (wXTM)?
Wrapped XTM on Ethereum, created through the Tari Bridge, which Tari publishes under its own GitHub organisation. The bridge wraps XTM from the Tari network into wXTM and is one-way, available only inside the Tari Universe desktop app. Market data sites list wXTM as a separate asset from XTM, with its own price and much thinner liquidity.
Does mining more XTM lower the price?
Emission adds supply on a schedule fixed in advance and publicly known, so it is not a surprise input to the market. The rate falls block by block through exponential decay, and 70% of initial emissions go to miners.