> For the complete documentation index, see [llms.txt](https://wiki.havenprotocol.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.havenprotocol.org/faq/overview/what-is-haven/how-does-it-work/haven-assets/what-is-the-supply-of-xhv-and-xassets.md).

# What is the supply of XHV and xAssets?

Because of the unique 'mint & burn' process with Haven the supply of XHV and all other xAssets will fluctuate according to demand. If $1Million xUSD gets minted then the same USD value of XHV has to be burnt in order to create that xUSD.&#x20;

At the time of launch of the first xAsset (xUSD) there was approximately 13 million XHV. As Haven is PoW there are a certain number of new XHV being created as mining rewards with a maximum of 18.4 Million plus tail emission. Haven follows the same emission schedule as Monero.
