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View ChartRazor Network (RAZOR) is a decentralized oracle network designed to connect smart contracts with real-world, off-chain data in a fast, robust, and secure manner. It operates as a blockchain-agnostic platform, meaning it is capable of running on any Ethereum-compatible blockchain, and is specifically built to address the wide-ranging data requirements of the Decentralized Finance (DeFi) ecosystem. The network provides secure and reliable real-world data feeds for various blockchain-based applications and services, positioning itself as critical cross-chain infrastructure.
At its core, Razor Network utilizes a proof of stake consensus algorithm and a native utility token called RAZOR. The total supply of RAZOR is capped at 1,000,000,000 tokens. The network is designed to be fully decentralized with built-in governance, allowing it to adapt and remain functional in a constantly evolving environment. It aims to solve the vulnerabilities of earlier oracle solutions, which were often centralized or susceptible to attacks, by employing a high degree of redundancy and economic security.
The whitepaper for Razor Network, titled "Razor Network: A decentralized oracle platform," was authored by Hrishikesh Huilgolkar, who serves as the CEO of Razor Network. The document was published with a revision date of January 22, 2021, Version 1.4. Hrishikesh Huilgolkar has participated in public AMA sessions to discuss the challenges found in decentralized oracles and how Razor Network addresses these issues.
The project has attracted backing from several venture capital firms and notable individuals in the cryptocurrency space. Investors include Alameda Research, NGC Ventures, and Spark Digital Capital. The private funding round also named individuals such as Mariano Conti, the former Head of Oracles at MakerDAO; Tushar Aggarwal, Co-founder of Persistence; and Vincent Eli, a former researcher at Metamask. The project raised a total of $3.7 million in private funding, as reported in November 2020.
Razor Network operates through a network of stakers who are responsible for maintaining the integrity of the data provided to smart contracts. The process begins when a client application submits a query to a job queue. Stakers, who have locked RAZOR tokens in a smart contract, accept these queries from the job queue. They then perform the task of fetching information from the real world, processing it, and aggregating the results before serving them to the requesting application.
The network employs a commit and reveal scheme to ensure data integrity. Stakers are rewarded for reporting coherently and penalized for reporting incoherently. The amount of RAZOR tokens staked by a participant determines their influence in the network. A key feature of Razor Network is its ability to dispute the results of an oracle query. This dispute capability makes the network resistant to many kinds of game-theoretical vulnerabilities. Furthermore, the network is resilient to bribing attacks because it utilizes a high degree of redundancy and offers high economic security for all applications, regardless of the fees being paid to the oracle.
Razor Network distinguishes itself through a design philosophy focused on long-term sustainability, high decentralization, and robust economic security. Unlike some oracle solutions that may be centralized or vulnerable to specific attack vectors, Razor Network was built to thwart attacks and remain functional in a constantly evolving environment through its built-in governance mechanism.
The network's unique value proposition lies in its resilience to bribing attacks and its high degree of redundancy. It provides high economic security for all applications, ensuring that even applications paying low fees to the oracle are protected. The ability to dispute oracle results adds another layer of security, making it resistant to game-theoretical vulnerabilities. The design goals explicitly include protecting stakers from various attacks, protecting clients from malicious stakers, ensuring censorship resistance, and providing ease of use for application developers. This comprehensive approach to security and decentralization is what makes Razor Network a valuable infrastructure component for DeFi and other blockchain-based applications.
The primary use case for Razor Network is to provide secure and reliable real-world data feeds to smart contracts. This is essential for a wide range of decentralized applications, particularly within the Decentralized Finance (DeFi) sector. Applications such as decentralized lending platforms, stablecoins, prediction markets, and synthetic assets rely on accurate external data to function correctly. Razor Network serves as the bridge between these on-chain applications and off-chain data sources.
The native RAZOR token is integral to the network's operation. It is used as a utility token that must be locked (staked) to participate as a staker in the network. Stakers are awarded fees and block rewards for their participation. The amount of RAZOR staked determines a staker's influence in the network. Additionally, the token is used within the network's governance system, allowing stakeholders to participate in decision-making processes that shape the future of the platform.
The Razor Network ecosystem has seen several key developments and partnerships since its inception. In November 2020, Razor Network announced a partnership with Persistence. The project also planned an integration with Elrond, as explained in a video titled "Razor Network Explained." A significant milestone was achieved on May 2, 2024, when Razor Network became live on Base, offering new opportunities for decentralized data feeds.
The project launched its native token on the Ethereum network on January 19, 2021, with subsequent launches on Polygon (March 9, 2021) and BNB Chain (April 6, 2021). The public sale on Balancer took place from February 4 to February 6, 2021, with a hard cap of $10,600,000. The ecosystem is supported by a community across various platforms, and the RAZOR token may be available for swapping via Onchain, Crypto.com's official decentralized product. The network's development is guided by its built-in governance, ensuring it can adapt to future challenges and opportunities.
Razor Network does not use traditional mining. Instead, it utilizes a proof of stake consensus mechanism. To participate in securing the network and earning rewards, users must become stakers. The process involves locking RAZOR tokens in a smart contract, an action known as "staking." Stakers are expected to perform their duties honestly; failure to do so may result in the loss of their staked funds and future profits.
Stakers accept queries from a job queue, fetch real-world information, process and aggregate the results, and serve them to the requesting application. They are awarded fees and block rewards for reporting coherently. The influence a staker has in the network is directly proportional to the amount of RAZOR tokens they have staked. This staking mechanism is designed to align the incentives of the stakers with the security and accuracy of the network.
Keeping your RAZOR tokens safe requires adherence to standard cryptocurrency security practices. Since RAZOR is an ERC20, BEP20, and Polygon-based token, it can be stored in any compatible wallet that supports these standards. For long-term storage, a hardware wallet is recommended as it keeps your private keys offline and protected from online threats. Always ensure you are using the official and verified contract addresses when interacting with the token.
When participating in staking, use the official Razor Network platform and smart contracts. Be vigilant against phishing attempts and fake websites. Never share your private keys or seed phrase with anyone. For those looking to acquire RAZOR, it is available on various cryptocurrency exchanges. A general purchase guide involves creating an account on a reputable exchange, completing any required verification, depositing funds, and then purchasing RAZOR with a supported trading pair. After purchase, it is advisable to withdraw your tokens to a private wallet for enhanced security.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for RAZOR are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Razor Network (RAZOR) is $0.000003084427570720.053084. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated RAZOR to USD rate at the top of BTCC’s price page. In terms of market scope, Razor Network records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $1.012449K. Its current circulating supply stands at 328.25M out of a maximum supply cap of 1B.
The price volatility of Razor Network (RAZOR) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (328.25M) to max supply (1B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Razor Network (RAZOR) hit an all-time high (ATH) of $0.926874 on 2021-02-06 08:15, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000002774981295870.052774 on 2026-09-10 12:55. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading RAZOR futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s RAZORUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Razor Network, simply log into your BTCC account with USDT margin available, navigate to the RAZORUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for RAZORUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000003084427570720.053084), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for RAZORUSDT with zero financial risk.
Trading Razor Network (RAZOR) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for RAZORUSDT, and review its live price ($0.000003084427570720.053084) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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