Tezos Ecosystem Coins
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What Are Tezos Ecosystem Coins?
Tezos ecosystem coins are the coins and tokens that run on the Tezos blockchain. This list ranks them by market cap, with live prices. It includes the native coin tez (XTZ), DeFi tokens, stablecoins, and gaming and NFT tokens. Tokens bridged to Tezos from other chains can appear here too.
Quick Facts
- Blockchain type: Layer 1 blockchain with on-chain governance.
- Launch: The Tezos mainnet launched in 2018. Tezos was created by Arthur and Kathleen Breitman.
- Native coin: tez, with the ticker XTZ.
- Consensus: Proof of stake. Validators are called bakers, and holders can delegate their tez to them.
- Token standards: FA1.2 for simple tokens and FA2 for fungible tokens, NFTs and mixed tokens.
- Upgrades: Tezos can upgrade itself through on-chain votes, without splitting into a new chain.
How the Tezos Blockchain Works
Bakers lock up tez to create and confirm blocks. Holders who do not run a baker can delegate their tez to one and share the rewards. Delegated tez stays in the holder's wallet. Tezos smart contracts are written in a language called Michelson. Changes to the protocol are proposed and voted on by bakers. Tezos also has Etherlink, a layer 2 network that works with Ethereum tools.
Types of Tokens on Tezos
- Native coin: XTZ pays for fees and is used for baking and voting.
- DeFi tokens: Tokens of exchanges and lending apps, such as PLENTY, QUIPU from QuipuSwap and YOU from youves.
- Stablecoins: Tokens that follow the US dollar, such as uUSD from youves and USDtz.
- Gaming and NFT tokens: Tokens of games and NFT projects, such as DOGA from Dogami.
- Other app tokens: Tokens of launchpads, DAOs and tools, such as INSTA and CRNCHY.
- Bridged and wrapped tokens: Versions of tokens from other chains. They appear on this list because a copy of them exists on Tezos.
How to Buy Tezos Tokens
First, set up a wallet that supports Tezos, such as Temple Wallet or Kukai. Add some XTZ to pay fees. You can buy XTZ on a centralized exchange and withdraw it to your wallet. Then swap XTZ for the token you want on a decentralized exchange on Tezos, such as QuipuSwap or Plenty. Always check the contract address, which starts with KT1 on Tezos.
Risks
Many Tezos tokens are small and have low liquidity, so prices can move fast. Some older projects are no longer active. Smart contracts can have bugs. Bridged tokens depend on the bridge that holds the original assets.
Related Lists
Frequently Asked Questions
- What are Tezos ecosystem coins?
Tezos ecosystem coins are tez (XTZ) and the tokens that run on the Tezos blockchain. They include DeFi tokens like PLENTY and QUIPU, stablecoins like uUSD, and gaming tokens like DOGA. Most use the FA1.2 or FA2 token standard. The list on this page ranks them by market cap with live prices.
- What is Tezos?
Tezos is a layer 1 blockchain that launched its mainnet in 2018. It was created by Arthur and Kathleen Breitman, and its native coin is tez (XTZ). Tezos uses proof of stake, where validators are called bakers. It can upgrade itself through on-chain voting, so it does not need hard forks to change its rules.
- What are the best Tezos coins or projects?
We do not give investment advice, so we cannot name the best Tezos coins. The list above ranks Tezos tokens by market cap and updates live. Well-known examples include XTZ, PLENTY, QUIPU and YOU. To compare coins, look at market cap, trading volume, 24h price change and how long each project has existed.
- How do I buy tokens on Tezos?
To buy tokens on Tezos, set up a Tezos wallet such as Temple Wallet or Kukai. Add some XTZ to pay fees. Then swap XTZ for the token you want on a Tezos decentralized exchange like QuipuSwap or Plenty. Always check the contract address, which starts with KT1, so you get the real token.
- What are FA1.2 and FA2 tokens on Tezos?
FA1.2 and FA2 are the token standards on Tezos. FA1.2 is a simple standard for fungible tokens, similar to ERC-20 on Ethereum. FA2 is more flexible. One FA2 contract can hold fungible tokens, NFTs or both. Wallets and exchanges use these standards so that Tezos tokens work the same way everywhere.
- What are the risks of Tezos tokens?
Tezos tokens carry several risks. Many are small and have low liquidity, so prices can swing sharply and selling can be hard. Some older projects are no longer active. Smart contracts can have bugs. Bridged tokens depend on bridges. Research each project and check the contract address before you buy any token.