--- title: "$XRD Token" url: "https://radix.wiki/contents/tech/core-protocols/xrd-token" updated: 2026-08-09 last_verified: 2026-08-09 license: CC-BY-4.0 license_url: "https://creativecommons.org/licenses/by/4.0/" version: "1.4.0" --- # $XRD Token | $XRD | | | --- | --- | | **Type** | Native network token | | **Resource Address** | `resource_rdx1tknxxxxxxxxxradxrdxxxxxxxxx009923554798xxxxxxxxxradxrd` | | **Maximum Supply** | 24 billion XRD (emission schedule — no resource-level cap) | | **Genesis Supply** | 12 billion XRD (Olympia, 2021) | | **Current Supply** | 13,505,461,118.64 XRD (epoch 333342, 9 Aug 2026) | | **Emissions** | ~300M XRD/year (~12B over ~40 years) | | **Divisibility** | 18 decimals | | **Uses** | Fees, staking, DeFi collateral | ## Overview **$XRD** is the native token of the [Radix network](https://www.radixdlt.com). Unlike an [ERC-20-style](https://en.wikipedia.org/wiki/Ethereum) smart-contract token, XRD is a [native asset](/contents/tech/core-concepts/asset-oriented-programming) – a first-class resource created and enforced directly by the [Radix Engine](/contents/tech/core-protocols/radix-engine), moved between [vaults](/contents/tech/core-concepts/buckets-proofs-and-vaults) rather than by contract-managed balance mappings. The Radix protocol describes XRD as the token “used to pay the network’s required transaction fees and to secure the network through staking to its validator nodes” ([Radix Knowledge Base](https://www.radixdlt.com/articles-learn/what-is-the-xrd-token)). ### Primary Utility - **Transaction fees** – every [transaction](/contents/tech/core-protocols/transaction-manifests) on Radix pays its network fee in XRD, and XRD is the only token that can. - **Staking & security** – XRD is staked to [validators](/contents/tech/core-concepts/validator-nodes) to secure [consensus](/contents/tech/core-protocols/cerberus-consensus-protocol); stakers hold [Liquid Stake Units (LSUs)](/contents/tech/core-concepts/liquid-stake-units). - **Network emissions** – ~300 million XRD per year is minted to reward stakers and validators (see [Network Emissions](/contents/tech/core-concepts/network-emissions)). - **DeFi** – XRD is the primary trading pair and collateral asset across Radix DeFi ([CaviarNine](/ecosystem/caviarnine), [Weft](/ecosystem/weft-finance), [Stabilis](/ecosystem/stabilis)). ## Supply and Emissions XRD is scheduled to reach a **maximum supply of 24 billion tokens**. The ceiling lives in the protocol’s emission logic rather than in the resource: read on-ledger, XRD reports `supply_fixed: false` and `mintable: true`, with the minter and burner roles permanently locked to a system badge so that only the protocol can create or destroy it (see [Radix Economic Model](/contents/tech/research/radix-economic-model)). Of that, **12 billion XRD was created at genesis** when the Radix Public Network launched with the [Olympia](/contents/tech/releases/radix-mainnet-olympia) mainnet in 2021, and the remaining **12 billion is being minted as network emissions over roughly 40 years** – about 300 million XRD per year – as the incentive for stakers and validators securing the network ([Radix Knowledge Base](https://learn.radixdlt.com/article/start-here-radix-tokens-and-tokenomics)). Because emissions are gradual and network fees are partly burned, the current total supply sits well below the cap: the on-ledger total supply of the XRD resource was **13,505,461,118.64 XRD** at epoch 333342 (state version 547,628,486, 9 August 2026), against **13,513,127,623.88** ever minted and **7,666,505.23** ever burned ([Radix Dashboard](https://dashboard.radixdlt.com/resource/resource_rdx1tknxxxxxxxxxradxrdxxxxxxxxx009923554798xxxxxxxxxradxrd)). The full economics of the emission/burn balance are examined on the [Radix Economic Model](/contents/tech/research/radix-economic-model) page. ## Transaction Fees and Fee Burning Every Radix transaction pays a network fee denominated in XRD. Of the **base network fee, 50% is permanently burned** by the protocol – the tokens are destroyed, not redistributed ([Radix Knowledge Base](https://www.radixdlt.com/articles-learn/how-do-transaction-fees-work-on-radix)). The other 50% is paid to validators in two equal halves: **25%** to the validator that proposed the round the transaction landed in, and **25%** shared across the active validator set. Those are the engine constants `NETWORK_FEES_PROPOSER_SHARE_PERCENTAGE` and `NETWORK_FEES_VALIDATOR_SET_SHARE_PERCENTAGE`, both set to 25 ([radixdlt-scrypto](https://github.com/radixdlt/radixdlt-scrypto/blob/develop/radix-common/src/constants/transaction_execution.rs)); the burn is not a percentage at all but the remainder left after both are paid. Every mainnet receipt shows it — a 0.75854478253 XRD fee resolves to 0.379272391265 burned with 0.1896361956325 to each side. Any optional **tip** a transaction adds is paid in full to the round-leading validator. The burn is the deflationary counterweight to network emissions, but at current volumes it is a small one: 7,666,505.23 XRD has been burned in total against 13,513,127,623.88 ever minted, roughly nine days of issuance at ~300 million XRD a year (see [Radix Economic Model](/contents/tech/research/radix-economic-model)). ## Staking and Network Security Radix secures its ledger through **delegated proof of stake**. XRD holders stake to [validator nodes](/contents/tech/core-concepts/validator-nodes), and at each epoch the protocol selects the top **100 validators by delegated stake** to run [Cerberus](/contents/tech/core-protocols/cerberus-consensus-protocol) consensus ([Radix Docs](https://docs.radixdlt.com/docs/validator)). Staked XRD is represented by [Liquid Stake Units (LSUs)](/contents/tech/core-concepts/liquid-stake-units) – transferable, DeFi-composable tokens whose redemption value rises as [emissions](/contents/tech/core-concepts/network-emissions) accrue, so staking rewards compound automatically each epoch. ## Verifying XRD On-Ledger XRD is not a contract-deployed token, so it has a single canonical **resource address** on Radix mainnet: `resource_rdx1tknxxxxxxxxxradxrdxxxxxxxxx009923554798xxxxxxxxxradxrd` Any wallet, explorer, or dApp can read the live supply, holders, and metadata for XRD directly from the ledger at that address – for example via the [Radix Dashboard](https://dashboard.radixdlt.com/resource/resource_rdx1tknxxxxxxxxxradxrdxxxxxxxxx009923554798xxxxxxxxxradxrd) or the [Network Gateway API](https://docs.radixdlt.com/docs/network-gateway). Because minting and burning of XRD are gated behind a protocol-owned badge (they cannot be performed by any user), the resource’s supply can only change through the emission and fee-burn rules described above. ## External Links - [What is the XRD token? – Radix Knowledge Base](https://www.radixdlt.com/articles-learn/what-is-the-xrd-token) - [Radix Tokens and Tokenomics – Radix Knowledge Base](https://learn.radixdlt.com/article/start-here-radix-tokens-and-tokenomics) - [How do Transaction Fees Work on Radix?](https://www.radixdlt.com/articles-learn/how-do-transaction-fees-work-on-radix) - [XRD resource – Radix Dashboard (live supply)](https://dashboard.radixdlt.com/resource/resource_rdx1tknxxxxxxxxxradxrdxxxxxxxxx009923554798xxxxxxxxxradxrd) ## Related Pages - [Radix Economic Model](/contents/tech/research/radix-economic-model) - [Network Emissions](/contents/tech/core-concepts/network-emissions) - [Staking on Radix](/contents/tech/core-concepts/staking) - [How to Buy XRD](/contents/resources/how-to-buy-xrd)