Tellor (TRB) is currently priced at $35.23**, reflecting a dynamic and active market presence. With a market capitalization of **$94.49 million and a circulating supply of 2.68 million TRB, the token plays a crucial role within the decentralized oracle sector. Recent performance indicates a decrease of -2.18% over the past 24 hours and a weekly decline of -5.95%, suggesting short-term volatility amid broader market trends.
Key Market Statistics
Understanding Tellor’s market position requires a closer look at its key metrics:
- Fully Diluted Cap: $60.16M
- 24-Hour Range: $33.77 - $36.39
- Weekly Range: $33.77 - $39.55
- 52-Week Range: $19.49 - $108.37
- Circulating Supply: 2.68M TRB
These figures highlight the asset’s price volatility and the range within which it has traded over different timeframes, providing context for both traders and long-term holders.
Tellor (TRB) Basic Information
Tellor is a decentralized oracle network built on the Ethereum blockchain. Here are some of its fundamental details:
- Web: Ethereum-based
- Network Age: 5 years and 7 months
- Key Resources: White Paper, Github repository
- Community Hubs: Active discussions on Twitter and Reddit
This established infrastructure supports its core function: providing reliable off-chain data to on-chain smart contracts.
Trading Tellor (TRB) on Exchanges
Tellor (TRB) maintains significant liquidity across the crypto exchange landscape. The token is available for trading through 59 different market pairs spread across 12 major exchanges. Combined 24-hour trading volumes are robust, with leading platforms like Binance and Huobi facilitating millions of dollars in daily TRB transactions, ensuring easy access for buyers and sellers.
Tellor Price History and Performance
Analyzing historical data is key to understanding any asset's potential. Over the past year, Tellor (TRB) has experienced substantial price movements. It reached an annual high of $120.63 in June 2024**, demonstrating significant bullish momentum. Conversely, it found a low of **$19.49 in April 2025. This wide range underscores the asset's high volatility and sensitivity to broader market conditions and project-specific developments.
Technical Indicators for TRB (Daily)
Daily technical indicators offer insights into potential market sentiment and future price movements for TRB. Current readings present a mixed outlook:
- The 14-day RSI value of 45.43 suggests a neutral momentum, indicating a balance between buying and selling pressure rather than being overbought or oversold.
- The MACD(12,26) value of 0.3552 also signals a neutral stance, hinting at a potential consolidation phase.
- Other indicators, such as STOCH and Williams %R, show conflicting signals between "Buy" and "Sell," typical during uncertain market periods.
| Name | Value | Action |
|---|---|---|
| RSI(14) | 45.43 | Neutral |
| STOCH(9,6) | 12.77 | Buy |
| STOCHRSI(14) | N/A | Sell |
| MACD(12,26) | 0.3552 | Neutral |
| ADX(14) | 35.09 | Buy |
| Williams %R | -93.62 | Buy |
| CCI(14) | -110.84 | Sell |
Moving Averages
Moving averages help smooth out price action to identify the trend direction.
| Name | Value | Action |
|---|---|---|
| SMA20 | 44.85 | Sell |
| SMA50 | 38.46 | - |
| SMA100 | 32.72 | - |
| SMA200 | 42.93 | - |
What is the Tellor Oracle Network?
Tellor (TRB) is the native token that powers the Tellor Oracle network. It addresses a critical challenge in the blockchain space: the isolation of smart contracts. While smart contracts on Ethereum are powerful and self-executing, they inherently lack the ability to access external, off-chain data. Tellor solves this problem by creating a decentralized system for data retrieval.
The protocol works through a network of staked miners. Parties can request specific off-chain data points (e.g., the ETH/USD price feed). Miners then compete to solve a Proof-of-Work challenge to be the first to submit the correct value to an on-chain data bank. This value becomes part of a time series for that data point and is instantly available for any Ethereum smart contract to use. This mechanism aims to provide a secure and reliable standard for bringing high-value external data onto the blockchain. For those interested in the technical execution of such decentralized systems, you can 👉 explore more about on-chain data oracles.
Frequently Asked Questions
What is Tellor (TRB) used for?
TRB is the utility token for the Tellor oracle network. It is used to reward miners for submitting correct data and is staked by those miners as collateral. Users who need data must pay fees in TRB to incentivize miners to retrieve and verify their requested off-chain information.
How does Tellor ensure data is accurate?
Tellor's security model relies on cryptoeconomics. Miners must stake TRB tokens to participate. If they submit incorrect data, their stake can be slashed (taken away) through a dispute process. This financial incentive encourages miners to provide accurate data to avoid losing their staked tokens.
Where can I securely store my TRB tokens?
TRB is an ERC-20 token, meaning it can be stored in any wallet that supports the Ethereum blockchain. This includes a wide range of software (hot) wallets like MetaMask and Trust Wallet, as well as hardware (cold) wallets like Ledger and Trezor for enhanced security.
What is the difference between Tellor and other oracles like Chainlink?
While both provide off-chain data to smart contracts, their mechanisms differ. Chainlink uses a network of pre-selected, reputable nodes. Tellor employs a permissionless mining model where any party can participate by staking TRB, making it more decentralized in its node selection but with a different security trade-off.
What factors influence the price of TRB?
The price of TRB is influenced by the demand for the Tellor oracle's services, overall sentiment in the cryptocurrency market, the adoption of Ethereum and its DeFi ecosystem, and the token's own market dynamics like trading volume and liquidity.