Tezos Investment Calculator
What would buying XTZ have been worth? Pick a plan and a start date and this replays it against real daily Tezos closes.
What XTZ actually did, in the data this page replays
Measured from the 2,547 daily closes this page replays — 24 September 2019 to 13 September 2026, from Binance. Figures are bounded by that window, not by the asset’s whole life.
| History available | 7 years (from Binance) |
|---|---|
| Bought on the first day, held to the last | 0.313× — a loss of 68.7% |
| Highest close in this window | $8.71 on 3 October 2021 |
| Where it sits against that high | 96.9% below |
| Deepest fall | −97.8%, 3 October 2021 → 11 August 2026 |
| Time to get back to that peak | still below it |
| Separate falls of 50% or more | 4 |
| Days spent more than 20% below a previous peak | 89.9% |
| Best calendar year | 2021: +116.2% |
| Worst calendar year | 2022: -84.9% |
| Annualised volatility | 101.4% |
XTZ year by year
First close to last close each year. 2019 and 2026 are partial — the data starts mid-2019 and 2026 is still running.
| Year | Change | Note |
|---|---|---|
| 2019 | +57.4% | partial year |
| 2020 | +46.8% | |
| 2021 | +116.2% | best full year |
| 2022 | -84.9% | worst full year |
| 2023 | +40.2% | |
| 2024 | +16.8% | |
| 2025 | -63.7% | |
| 2026 | -47% | partial year |
The part the calculator does not show you
Held from the first day in this data to the last, XTZ returned 0.313× — a loss of 68.7%. Long holding periods are usually presented as the thing that rescues a volatile asset, and over this particular window for this particular coin, they did not. It is worth setting the calculator above to the full range and seeing that result written out before assuming time fixes an entry.
The deepest fall took XTZ down 97.8%, from $8.71 on 3 October 2021 to $0.1947 on 11 August 2026 — 4 years and 10 months of falling. XTZ has not been back to that peak since. Anyone who bought on 3 October 2021 is still waiting, 2 years and 1 month later — which is the scenario a backtest showing a positive average return quietly averages away.
101.4% annualised volatility is ordinary for a major crypto asset and still several times a stock index. All XTZ calculators →
Frequently asked questions
＋Would buying XTZ on the first day of this data and holding have made money?
No. Held across the whole window the position ended at 0.313× — a loss of 68.7%. That is worth stating plainly because "hold long enough and it recovers" is the usual advice, and over the 7 years we hold for XTZ it did not happen.
＋What is the worst XTZ has fallen?
97.8% in this data, from 3 October 2021 down to 11 August 2026 — 4 years and 10 months of falling. It has not returned to that peak since, so anyone who bought at the top is still waiting. Bear in mind our XTZ series starts in 2019; a deeper fall before that date would not appear here.
＋How often does XTZ lose half its value?
4 separate falls of 50% or more appear in this data, and the position spent 89.9% of all days more than 20% below a previous peak. A drop of that size is not an exceptional event for this asset — it is a recurring feature of the record, which is the thing to size a position around.
＋What were XTZ's best and worst years?
2021 was the best at +116.2%, and 2022 the worst at -84.9%. The gap between those two is the reason a single average annual return is a poor description of this asset: almost nobody experiences the average, they experience one of the two extremes depending on when they bought.
＋Is 7 years of data enough to trust this backtest?
Reasonably. 7 years spans roughly one full cycle for XTZ — enough for the drawdown figure to mean something, not enough to call it a pattern. The assets here with a decade or more behind them support firmer conclusions.
What to keep in mind for XTZ
XTZ is a small-cap relative to the majors, so it moves further than BTC in both directions and can be thin during fast selloffs.
Tezos transaction fees are a fraction of a cent and stay stable under load; the cost that actually matters to a delegator is the baker's commission, which is taken off the reward rate.
A backtest is one path that already happened. It shows what this plan produced through the exact sequence of prices XTZ went through — not what a similar plan will produce through a sequence nobody has seen yet.