Consensus

What are Bakers?

Bakers are validators who secure the Tezos network. They create new blocks, validate transactions, and earn rewards for their work.

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Total Bakers

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Active validators

tz4/BLS Adoption

tz4 bakers use BLS signatures that can be aggregated, reducing bandwidth by 63x. Target is 50% adoption to unlock full network benefits.

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tz4 Adoption

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Target: 50%

Cycle Progress

Tezos operates in cycles of ~2.8 days (10,800 blocks). Staking rewards and baker rights are calculated per cycle.

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Current Cycle

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Governance

Protocol Proposals

Tezos upgrades through on-chain governance. Bakers vote on protocol proposals that can add new features or improve the network.

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Active Proposal

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Voting Periods

Governance has 5 periods: Proposal, Exploration, Cooldown, Promotion, and Adoption. Each lasts ~2 weeks.

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Voting Period

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Voter Participation

The percentage of eligible stake that has participated in the current voting period. Higher participation means stronger consensus.

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Participation

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Voter turnout

Economy

Issuance Rate

Total yearly XTZ creation including adaptive issuance (staking rewards) plus liquidity baking subsidy (5 XTZ/min to XTZ/tzBTC pool).

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Issuance Rate

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Current yearly rate

Staking APY

Estimated annual yield for staking XTZ. Delegators earn less (~3%) than direct stakers (~9%) due to baker fees.

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Staking APY

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Delegate / Stake

Staking Ratio

Percentage of total XTZ that is staked. The adaptive issuance system targets around 50% for optimal security.

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Staking Ratio

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XTZ staked

Delegated XTZ

XTZ delegated to bakers (not locked). Delegators keep custody of their tokens while earning rewards through their chosen baker.

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Delegated

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Not locked

Total Supply

Total XTZ in existence. Tezos has controlled inflation from staking rewards and liquidity baking, partially offset by burns.

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Total Supply

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Circulating XTZ

Total Burned

XTZ permanently removed from circulation through storage fees, failed operations, and protocol burns. This creates deflationary pressure.

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Total Burned

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XTZ destroyed

Network Activity

Transactions

Total transactions in the last 24 hours including XTZ transfers, contract calls, delegations, and token operations.

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Transactions

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Last 24 hours

Contract Calls

Smart contract interactions in 24h. Includes DeFi trades, NFT mints, and dApp usage - a key metric for ecosystem activity.

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Contract Calls

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Last 24 hours

Funded Accounts

Total accounts with non-zero XTZ balance. This represents the user base holding or using Tezos.

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Funded Accounts

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With balance

Ecosystem

Smart Contracts

Total deployed contracts on Tezos. Written in Michelson or higher-level languages like SmartPy, LIGO, and Archetype.

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Smart Contracts

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Deployed

FA Tokens

Fungible and non-fungible tokens on Tezos using FA1.2 and FA2 standards - includes DeFi tokens, stablecoins, and NFTs.

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Tokens

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FA1.2 & FA2

Smart Rollups

Layer 2 scaling solutions on Tezos. Includes Etherlink (EVM-compatible) for high-throughput, low-cost transactions.

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Smart Rollups

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L2 solutions