Tellor (TRB) Price

Tellor (TRB) is a decentralized oracle cryptocurrency that operates on the Ethereum blockchain. Currently ranked #448 with a price of $20.42, it has seen a -0.53% change in the last 24 hours. Tellor serves as the utility token for the Tellor oracle network, which provides reliable off-chain data to smart contracts. Miners must stake 500 TRB tokens to validate data and secure the network. The token has a circulating supply of 2.78M TRB out of a total supply of 2.84M TRB. With a market cap of $56.91M, Tellor has established itself as a key player in the DeFi and Web3 ecosystem. Tellor is available across multiple blockchains including Ethereum, Polygon, Arbitrum, Optimism, and Gnosis Chain, making it highly interoperable within the broader cryptocurrency ecosystem.

Tellor was created on August 1, 2019. It was launched as an oracle protocol on the Ethereum platform, designed to provide decentralized data solutions for smart contracts. Since its inception, Tellor has expanded to multiple blockchain ecosystems including Polygon, Arbitrum, Optimism, and Gnosis Chain. The token plays a crucial role in the Tellor oracle system, where it's used for governance and as an incentive mechanism for data validators. Currently, Tellor has a circulating supply of 2.78M TRB with a total supply of 2.84M TRB.

The founders of Tellor are Brenda Loya and Nick Fett, who established the project in 2018. As experienced developers, they created TRB with the vision of building a decentralized oracle solution for the blockchain ecosystem. Their project has since evolved into a significant player in the Web3 oracle space, providing reliable off-chain data to smart contracts across multiple blockchain networks including Ethereum, Polygon, Arbitrum, Optimism, and Gnosis Chain.

Tellor (TRB) works as a decentralized oracle network on the Ethereum blockchain that provides off-chain data to smart contracts. The system operates through a network of miners who must stake 500 TRB tokens to participate in the validation process. These miners compete to solve mathematical problems and submit requested data to the blockchain. When data is requested, miners retrieve this information from external sources, submit their answers, and are rewarded with TRB tokens for correct submissions. The token has a circulating supply of 2.78M TRB out of a total supply of 2.84M TRB. This oracle mechanism ensures that blockchain applications can access reliable real-world data in a decentralized manner, making Tellor essential for DeFi applications, prediction markets, and other smart contracts requiring external data feeds. The protocol's security is maintained through economic incentives and dispute resolution mechanisms that penalize dishonest behavior.

Tellor operates on a decentralized oracle network architecture that connects on-chain smart contracts with off-chain data. The technical structure includes: 1. Proof-of-Work Mining: Validators compete to solve cryptographic puzzles to submit data points. 2. Staking Mechanism: TRB holders stake tokens as collateral when providing data. 3. Dispute Resolution System: A built-in challenge mechanism allows community members to dispute inaccurate data submissions. 4. Multi-chain Deployment: TRB operates across multiple blockchains including Ethereum, Polygon, Arbitrum, Optimism, and Gnosis Chain. 5. Smart Contract Integration: The protocol uses ERC-20 compatible smart contracts on Ethereum and equivalent standards on other chains. 6. Reporter System: Decentralized network of data reporters who retrieve and submit off-chain information. This architecture ensures that TRB can provide tamper-resistant oracle services while maintaining decentralization and security across the Web3 ecosystem.

Tellor has a promising future with a comprehensive roadmap focused on enhancing its oracle network capabilities. As a leading decentralized oracle solution, TRB aims to expand cross-chain integration across Ethereum, Polygon, Arbitrum, Optimism, and Gnosis Chain ecosystems by 2027. The development team is working on improving data verification mechanisms, reducing oracle response times, and increasing the types of data that can be requested through the network. By 2028, Tellor plans to implement advanced governance features giving token holders more control over protocol decisions. With current price at $20.42 and market cap of $56.91M, Tellor shows strong growth potential, especially considering its recent -0.53% movement. The team's focus on Web3 infrastructure and DeFi integration positions TRB as a critical component in the blockchain oracle space through 2031 and beyond.

Tellor is going up due to increased demand from short-term holders (up 2,000%) while long-term holders are taking profits. The price surge is notable despite the broader crypto market downturn, reaching a new 2026 peak of $35.

Tellor is currently dropping with a -0.53% decline due to significant liquidations and market manipulation concerns. The concentrated supply, with 26% held by just 20 wallets, has created selling pressure and market volatility.

Tellor could reach $100-150 by 2027 based on current trends. With strong market conditions and increased adoption, TRB might hit $200-300 by 2031. Current price: $20.42 with $56.91M market cap.

Tellor price could potentially rise significantly in the future, with projections suggesting it may reach $748.10 by 2031. This forecast is based on historical price analysis showing a possible 21.46x increase from $20.42. Current market indicators show -0.53% movement in the last 24 hours.

The current price of Tellor (TRB) is $20.42. As the #448 cryptocurrency by market cap, TRB has seen a -0.53% change in the last 24 hours with a trading volume of $256.84K.

The highest price Tellor has ever reached was $593.09. This record was set on January 5, 2021, during the bull market that saw many cryptocurrencies reach their all-time highs.

The lowest price Tellor has ever reached was $0.01, which occurred in early 2021 during a market downturn. Since then, TRB has shown significant price recovery.

Currently, 1 TRB is worth $20.42.

Tellor is valuable as a decentralized oracle that brings off-chain data into blockchain smart contracts. Its utility in providing reliable data sources for DeFi applications drives demand, while its limited supply of 2.78M TRB tokens enhances its value proposition in the Web3 ecosystem.

As of 2026-05-09, there are 2.78M TRB Tellor tokens in circulation out of a total supply of 2.84M TRB.

Tellor mining profitability depends on electricity costs, hardware efficiency, and current $20.42. With Tellor's price volatility and mining difficulty adjustments, profitability fluctuates. Miners should calculate their break-even point before investing in equipment.

Tellor was launched on August 1, 2019. This cryptocurrency has been operating on the Ethereum platform since its inception and has developed into a notable oracle solution in the Web3 ecosystem.

Currently, one TRB costs $20.42.

You can buy Tellor through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy TRB at $20.42. Crypto ATMs also offer direct purchases.

To purchase TRB, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to TRB trading pair, enter purchase amount, and confirm your transaction. Store your TRB in a secure wallet for safekeeping.

Yes, Tellor is a legitimate cryptocurrency operating on the Ethereum platform since 2019. Currently ranked 448 with a price of $20.42, it serves real utility as an oracle solution in the DeFi ecosystem. While all crypto investments carry risks, TRB shows no signs of being fraudulent.

Tellor (TRB) is a decentralized oracle cryptocurrency ranked #448 with a current price of $20.42. It operates on the Ethereum platform and provides real-world data to blockchain applications. With a market cap of $56.91M, it's primarily used in DeFi and Web3 ecosystems.

Tellor experienced significant price volatility, rising 150% to an all-time high above $600 before crashing back to original levels within hours on December 31. This sudden movement raised market manipulation concerns, with blockchain data showing the Tellor team transferred 4,211 TRB during this period.

Tellor has strong growth potential, with price predictions of $26-$31.54 by 2027 and potentially higher values by 2031. As an oracle solution in Web3, TRB could see increased adoption with DeFi expansion.

Tellor is not owned by a single entity but by a decentralized community of stakeholders. The token operates on the Ethereum blockchain with distributed ownership among miners, holders, and developers who contribute to the oracle network ecosystem.