Rank: 369
1135 Watchlists
DeFi
TRB Price
Contracts/Explorers:
Ethereum
Funds and Backers
Wallets
No wallets found yet
Tellor (TRB) is a decentralized oracle platform for DeFi.
Tellor (TRB) is a decentralized oracle platform for DeFi.
The main goal of the platform is to develop the DeFi industry, so Tellor acts primarily as a reliable source of high-quality price data. The developers have created a system in which parties can request the value of a data point outside the blockchain, and miners compete to add this value to the data bank inside the chain. Tellor's main smart contract creates a time series for each requested data series and aims to become a standard source of valuable data for decentralized applications.
The Tellor ecosystem includes a TRB token, which is used to stimulate participants and request a specific series of data from miners.
The TRB token pays for sending a data request to the oracle. A specific reward is assigned for each request, after which the oracle selects the most funded request (it happens every 10 minutes) and creates a task for the miners. Data collected on request becomes available across the chain. Miners who add an official data point receive a reward in the form of tokens.
TRB tokens are also used to protect the network and the voting system to verify data.
Tellor's current price is $ 55.08, it has dropped -10.6% over the past 24 hours.
Tellor's All Time High (ATH) of $ 588.62 was reached on 31 Dec 2023, and is currently -90.6% down.
The current circulating supply of Tellor is 2.57 Million tokens, and the maximum supply of Tellor is 2.62 Million.
Tellor’s 24 hour trading volume is $ 20.26 Million.
Tellor's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 141.82 Million.
You can find more details about Tellor on its official website and on the block explorer.
LayerAI
$ 0.0322
LightLink
$ 0.115
Hedera
$ 0.113
Exverse
$ 0.136
Centrifuge
$ 0.710
Maverick Protocol
$ 0.409
BOOK OF MEME
$ 0.0106