# Monero (XMR): fees, revenue multiple and fair price

Source: Chainfees, https://chainfees.fyi/chain/monero/ · data through 2026-11-09 · rebuilt hourly.

Monero ranks #42 of 59: at $10.2B FDV and $1.41M of yearly network fees, its revenue multiple of 7,264× sits above the median. The market is paying up for more than its fees: at the median multiple XMR would be $195.20 (−64.1%).

For comparison, Monero is 5.7× pricier than Ethereum (1,268×) and 2.5× cheaper than Bitcoin (18,076×).

| Metric | Value |
|---|---|
| Undervalued rank | #42 of 59 |
| Type | L1 |
| Token | XMR |
| Price | $543.19 |
| FDV | $10.2B |
| Market cap | $10.2B |
| Yearly fees (90d, annualized) | $1.41M |
| Revenue multiple (FDV/Fees) | 7,264× |
| Fair price (median revenue multiple) | $195.20 (−64.1%) |
| Transfer fee | — |
| Average transaction fee | — |

## FAQ

### Is Monero undervalued?

Not by its fees. Monero's revenue multiple of 7,264× is above the median chain's, so it ranks #42 of 59.

### How much does Monero earn in fees?

$1.41M a year, annualized from the last 90 days of network fees (DefiLlama).

### What would XMR be worth at a fair revenue multiple?

$195.20, −64.1% from $543.19 today. That's the price at the median revenue multiple of all ranked chains.

Definitions: https://chainfees.fyi/learn/ · Methodology: https://chainfees.fyi/methodology/ · Full ranking: https://chainfees.fyi/llms-full.txt