Blockchain profile
Tezos XTZ
Tezos is a proof-of-stake blockchain designed to evolve through on-chain governance. Crypto traders and users track it for XTZ, smart contracts, staking, NFTs, DeFi and network data available through explorers.
Neutral information, not financial advice. Updated : 2026-06-07
Key characteristics
- Native asset: XTZ, used to pay fees, delegate or participate in staking according to protocol rules.
- On-chain governance: protocol upgrades can be proposed, voted on and activated by the network.
- Smart contracts: Tezos supports contracts and tokens used by DeFi, NFT, wallet and analytics applications.
Use cases and ecosystem
- Staking and delegation: holders can delegate XTZ to validators known as bakers, without any fixed return promise.
- Web3 applications: NFTs, decentralized finance, identity, wallets and developer tools around the Tezos ecosystem.
- Market tracking: monitoring XTZ, transactions, fees, volumes, bakers and contracts through explorers and crypto dashboards.
Consensus and security
Tezos uses a liquid proof-of-stake model with validators known as bakers. Security depends on stake distribution, governance participation, contracts and node robustness.
Fees and performance
Fees are generally moderate, but they vary with network activity, operation type and protocol parameters. Real-world costs should be checked at time of use.