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 8, 2026. Source: DefiLlama.
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 Zypto App
Hold, swap and spend XMR.
Monero is integrated in Zypto App. Hold XMR in self-custody, swap it to any supported asset, and use it across Zypto’s features.
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 Zypto App?
Not yet. XMR isn't in 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.
