Tellor

Tellor PriceTRB

$20.41
$1.00+5.13%

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Tellor Price Today

Current TRB/USD real-time price is $20.41, with a 24-hour change rate of +5.13% and a 7-day change rate of +24.13%. TRB currently ranks #360 globally by market cap, with a total market cap of $57.68M, a fully diluted valuation (FDV) of $59.32M, and a 24-hour trading volume of $26.87M. In terms of supply, TRB has a maximum supply of ∞, a current circulating supply of 2.81M, with 97.23% already in circulation and 2.77% remaining to be unlocked.

About Tellor

What Is Tellor (TRB)?

Tellor (TRB) is a decentralized oracle network that provides secure and reliable off-chain data to smart contracts on various blockchains. It acts as a bridge between off-chain data and on-chain smart contracts, enabling them to interact with real-world information.

Key Takeaways

Tellor is a decentralized oracle solution that fetches and verifies real-world data for blockchain applications. It operates on its own Layer 1 blockchain, the Tellor Layer, which migrated from Ethereum in August 2025. The network uses a unique Proof-of-Stake (PoS) consensus with a staking and dispute mechanism to ensure data integrity. TRB is the native utility token used for staking, paying for data requests, and rewarding network participants. The system is designed to be censorship-resistant and secure against manipulation.

Key Specifications & Tokenomics

ItemDetails
Name (Ticker)Tellor (TRB)
Alternative Names-
Consensus MechanismProof-of-Stake (PoS) on the Tellor Layer
Smart ContractsFully supports EVM-compatible smart contracts.
CategoryOracle, Decentralized Data
Hash AlgorithmKeccak-256
Block Reward-
Max SupplyNo hard cap (inflationary model)
TPS-
Scaling SolutionNative Layer 1 blockchain (Tellor Layer)
BlockchainTellor Layer (Migrated from Ethereum)

Who Created Tellor (TRB)?

Tellor was founded by Brenda Loya and Michael Zemrose. The project launched in 2019 with the goal of creating a more robust and decentralized alternative to existing oracle solutions. The core development is managed by the Tellor team and its decentralized community. A significant milestone was the network's migration from Ethereum to its own dedicated Layer 1 blockchain, the Tellor Layer, in August 2025. This move was designed to enhance scalability, reduce costs, and give the protocol greater control over its security and economic model.

How Does Tellor (TRB) Work?

Tellor operates through a network of data reporters (miners/stakers) who compete to submit values for data requests. The process involves several key steps:

  • Data Request: A user's smart contract submits a query for specific off-chain data (e.g., an asset price) to the Tellor network, along with a fee in TRB tokens.
  • Value Submission: Reporters, who have staked TRB as collateral, fetch the requested data from trusted sources and submit their values on-chain.
  • Consensus and Verification: The network uses a PoS-based mechanism where the median of the submitted values is selected. Other reporters can dispute a value they believe is incorrect within a challenge period.
  • Dispute Resolution: If a value is disputed, it goes into a voting round where TRB stakers vote to determine the correct value. Reporters who submitted faulty data can have their stake slashed, while honest reporters earn the query fees and mining rewards.

This staking-and-dispute model creates strong economic incentives for providing accurate data.

What Makes Tellor (TRB) Unique and Valuable?

Tellor's primary value proposition lies in its decentralized and security-focused design.

  • Censorship-Resistant Data: Unlike some oracle models, Tellor does not rely on a whitelist of nodes. Anyone can become a reporter by staking TRB, making the data feed more resistant to censorship or central points of failure.
  • Staking-Based Security: The requirement for reporters to stake a significant amount of TRB acts as a strong deterrent against submitting bad data, as their stake can be slashed in a dispute.
  • Native Layer 1 Blockchain: The migration to the Tellor Layer allows for optimized performance for oracle operations, potentially offering faster finality and lower transaction costs compared to operating solely on Ethereum.
  • Proven Track Record: Having operated since 2019, Tellor has established itself as a reliable oracle for various DeFi protocols, demonstrating the resilience of its economic model.

What Is Tellor (TRB) Used For?

The TRB token is integral to the Tellor network's operation and security.

  • Staking Collateral: Data reporters must stake TRB to participate in the network and submit values. This stake is their security bond.
  • Payment for Data: Users pay query fees in TRB to request data from the oracle.
  • Governance: TRB holders can participate in governance votes to decide on protocol upgrades and parameter changes.
  • Rewards: Honest data reporters earn rewards in TRB for submitting correct values, which come from query fees and network inflation.

How Is the Tellor (TRB) Ecosystem Developing?

The Tellor ecosystem is evolving with its transition to an independent blockchain.

  • The launch of the Tellor Layer is the most significant development, shifting the protocol from a contract on Ethereum to a sovereign chain. This aims to improve scalability and tailor the blockchain specifically for oracle services.
  • Development continues on tools and SDKs to make it easier for developers to integrate Tellor oracles into their applications.
  • The ecosystem's health is tied to its adoption by DeFi, NFT, and other smart contract-based applications that require trustworthy external data. Growth in these sectors directly benefits Tellor's usage.

How to Mine Tellor (TRB)?

Tellor does not use traditional mining. Instead, TRB tokens are earned through network participation as a data reporter. The process is often referred to as "staking" or "reporting":

  1. Acquire and stake TRB tokens to become a reporter.
  2. Run the necessary software to monitor the Tellor network for data requests.
  3. Fetch the correct data from specified APIs and submit the value to the blockchain.
  4. Earn TRB rewards from query fees for submitting values that are not disputed. The probability of being selected to submit data is influenced by the amount of TRB staked.

How to Keep Your TRB Coin Safe?

Securing your TRB tokens is crucial, especially if you are staking them.

  • Use a Hardware Wallet: Store the majority of your TRB in a reputable hardware wallet (like Ledger or Trezor) for maximum security. This keeps your private keys offline.
  • Secure Software Wallets: For smaller, active amounts, use well-audited, non-custodial software wallets that support the Tellor network or Ethereum (for bridged tokens).
  • Beware of Phishing: Always double-check website URLs and never share your private keys or seed phrases with anyone. Official links can be found on Tellor's website and social media.
  • Smart Contract Risks: If interacting with Tellor's staking contracts or other DeFi protocols, understand the risks involved, including smart contract bugs or slashing conditions.

How to Buy TRB Coin?

TRB is a cryptocurrency listed on several exchanges. For higher liquidity and a secure trading experience, consider using a major platform like BTCC.

  1. Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
  2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account.
  3. Start Trading: Go to the trading page and search for the spot trading pair TRB/USDT or the perpetual contract TRB/USDT.
  4. Place an Order: Enter the amount of TRB you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.
  5. Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

How to Buy and Use Tellor

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsTellor is instantly credited to your BTCC account, ready for trading at any time.

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Tellor FAQs

How does TRB staking and Tellor's validator consensus mechanism affect token supply and price?

Tellor (TRB) is the native token of the Tellor oracle protocol, and staking sits at the center of its security model. Reporters and validators must stake TRB as collateral before submitting or validating data, and dishonest behavior can be penalized through disputes and slashing. This locks a meaningful portion of the float out of circulation, which can tighten available supply when network participation rises.

On the supply side, TRB has no fixed maximum supply. New tokens are minted as inflationary rewards, with roughly 75% going to reporters and 25% to validators, so issuance grows with network activity rather than following a halving schedule. More queries and tips mean more minting, but also more staking demand and more protocol usage.

For long-term price, the key tension is between continuous emission and rising utility. If staking lock-up and real oracle demand outpace new issuance, TRB can benefit from scarcity; if activity stalls, inflation may weigh on price.

How do Tellor network upgrades and oracle gas fees impact TRB's ecosystem value?

Tellor is a decentralized oracle protocol and Layer 1 chain built to reach consensus on subjective data, and its upgrade cycle directly shapes demand for Tellor (TRB). Mainnet releases such as v6.1.7, which fixed and validated dispute votes, and testnet work like v6.1.8 on Palmito, aim to harden the dispute and slashing logic that protects data integrity. Stronger security makes the oracle more attractive to DeFi protocols, which in turn drives more queries and more TRB tips.

Gas costs matter because every data request, tip and on-chain report consumes fees. Enshrined Feeds such as ETH/USD are reported regularly without specific tips, lowering gas overhead and guaranteeing availability of critical data as a public good. Cheaper, more predictable data delivery encourages repeat usage across Ethereum, Polygon and Algorand.

As adoption grows, more TRB is staked and tipped, linking ecosystem expansion to token demand. Note that TRB does not currently use an EIP-1559-style burn, so value accrues mainly through staking and utility rather than supply reduction.

Will a Tellor TRB spot ETF or institutional adoption drive oracle token demand?

A spot ETF is a regulated fund that holds the underlying asset and issues shares that trade on traditional exchanges. For Tellor (TRB), a spot ETF would let institutional and retail investors gain exposure through standard brokerage accounts, without managing wallets or private keys. Access would flow through authorized participants and custodians rather than crypto-native venues.

Sustained institutional inflows tend to raise liquidity, improve market depth and add legitimacy to an asset. For an oracle token like TRB, whose value is tied to data reliability and network usage, institutional participation could also signal confidence in Tellor's censorship-resistant reporting model. A deeper order book can reduce slippage and may establish a firmer price floor during drawdowns.

That said, no TRB spot ETF is confirmed in the reference data. Institutional adoption could also arrive through custody, OTC desks or regulated futures. Any resulting demand would still interact with TRB's inflationary issuance, so inflows are not a guaranteed price driver on their own.

How does Tellor TRB compare to Chainlink LINK in the oracle market?

Tellor (TRB) and Chainlink (LINK) are both decentralized oracle networks, but they differ in architecture, supply design and market positioning. The table below summarizes the main contrasts.

DimensionTellor (TRB)Chainlink (LINK)
Core PositioningSource of truth; custom, permissionless dataWidely integrated oracle middleware
Supply ModelNo fixed max supply; inflationary rewardsCapped supply with fixed maximum
ConsensusStaked reporters and validators; dispute and slashingNode operator network with reputation staking
Main Use CasesCustom data requests, price feeds, cross-chain relayPrice feeds, VRF, automation, cross-chain messaging

In short, TRB emphasizes permissionless reporting and tailored data types, while LINK emphasizes breadth of integrations. Both compete for DeFi oracle demand.

How do I set stop-loss and take-profit levels when trading TRB futures?

On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders to any TRB/USDT perpetual contract position. The goal is to cap downside and lock in gains systematically rather than by emotion.

  • Long positions: place the stop-loss below a key support zone, the recent swing low, or a moving average you are trading against. Set the take-profit near the next resistance level or a measured target so risk-reward stays favorable.
  • Short positions: place the stop-loss above a key resistance level or recent high. Set the take-profit near a lower support zone where buyers may step in.
  • Trailing stop: use a trailing stop to lock in profits as price moves in your favor. Once the trade is safely in profit, move the stop-loss to break-even to remove the risk of a reversal.

Always size the position so the distance to your stop-loss matches your risk budget, and remember that leverage magnifies both gains and losses.

What is Tellor TRB's current price, market cap, and 24-hour trading volume?

The current price of Tellor (TRB) is $20.41, with a market cap of $57.68M and 24h trading volume of $26.87M. The circulating supply is 2.81M (max supply ∞).

Because TRB trades across many centralized and decentralized venues, quotes can differ slightly between sources and update every second. For the most accurate live figures, check the TRB/USDT perpetual contract page on BTCC, where you can view the real-time order book, latest trades, funding rate and open interest.

Watching price, market cap and volume together gives a fuller picture: rising volume alongside price often signals genuine interest, while thin volume can make moves less reliable. Use the BTCC market page as your primary reference before placing any order.

What are the core drivers behind Tellor TRB's price movements?

Tellor (TRB) is an oracle token, so its price reflects both protocol-specific fundamentals and broader market conditions. Three layers matter most:

  • Supply side: staking lock-up by reporters and validators, the ongoing inflation rate from reporter and validator rewards, and exchange reserves. Higher staking participation reduces free float, while heavy emission can pressure price.
  • Ecosystem: total value locked in DeFi protocols using Tellor feeds, L2 and multi-chain activity, and DApp or NFT usage that generates data requests and TRB tips. More real queries mean more demand for the token.
  • Macro: Federal Reserve rate decisions, global liquidity conditions, net flows into crypto ETFs, and regulatory developments. Risk-on environments generally favor oracle tokens, while tightening liquidity tends to weigh on them.

Because TRB is a smaller-cap asset, these drivers can produce sharp volatility in both directions.

What are Tellor TRB's all-time high and all-time low prices?

The all-time high of Tellor (TRB) is $602.98, reached on 2023-12-31 21:55; the all-time low is $1.11, recorded on 2019-11-19 13:55.

These two reference points frame the full historical range of TRB. The distance between them shows how volatile a smaller-cap oracle token can be across market cycles, and how far price can travel from peak to trough and back.

For a complete view, inspect the full-cycle chart on BTCC. You can zoom out to see the entire price history, mark the ATH and ATL levels, and overlay moving averages to study how TRB behaved during past bull and bear phases. This context is useful when planning entries, exits and stop-loss placement on TRB/USDT perpetual contracts.

How do I read TRB candlestick charts for futures trading?

Reading Tellor (TRB) candlestick charts is a core skill for futures traders. Each candle shows four prices for a set time frame:

  • Open, high, low, close: the session's starting price, highest price, lowest price and ending price.
  • Body vs wick: the thick body spans open to close, while thin wicks show rejected extremes. A long upper wick suggests sellers defended that level.
  • Support and resistance: horizontal zones where price has repeatedly reversed or stalled. These are natural places for entries, targets and stop-losses.
  • Moving averages: MA and EMA lines smooth price and act as dynamic support or resistance; a price above a rising EMA often signals an uptrend.
  • RSI: above 70 is typically overbought, below 30 oversold. Use it to gauge momentum, not as a standalone signal.
  • Volume: a breakout confirmed by rising volume is stronger than one on thin volume.

Combine these signals before trading TRB/USDT perpetuals on BTCC.

How can I profit when Tellor TRB's price drops using short selling?

You can profit from falling Tellor (TRB) prices without owning any spot tokens by shorting TRB/USDT perpetual contracts on BTCC. A short position lets you sell at a high price and buy back at a lower price, capturing the difference.

The mechanics are straightforward: open a short when you expect TRB to decline, then close the position by buying back the same contract size. If the price falls, the difference is your profit; if it rises, the position loses. Because perpetual contracts never expire, you can hold the short as long as your margin requirements are met.

This makes two-way trading possible: you can go long in uptrends and short in downtrends or pullbacks, rather than sitting out bear markets. Always attach a stop-loss above key resistance to limit risk, and monitor funding rates, which can add to or subtract from your returns on TRB/USDT perpetuals.

Can I trade Tellor TRB perpetual contracts with high leverage?

Yes. BTCC offers flexible leverage on TRB/USDT perpetual contracts, up to 50x, subject to the platform's risk rules and position limits. Higher leverage lets you control a larger position with less margin, which can amplify returns when the market moves your way.

However, leverage magnifies both gains and losses. At 50x, a small adverse move can trigger liquidation and wipe out your margin. Funding fees and volatility on a smaller-cap oracle token like Tellor (TRB) make risk management especially important.

Beginners should start at 2x to 10x and always use a strict stop-loss. Size positions so a single losing trade cannot damage the account, and consider reducing leverage during high-volatility events. On BTCC you can adjust leverage per position and combine it with SL/TP and trailing stops to manage risk on TRB/USDT perpetuals.

How can I practice trading Tellor TRB with a free demo account?

After registering on BTCC, you can switch to Demo Trading mode and practice with virtual funds, such as 100,000 USDT, in a risk-free environment. The demo account uses real Tellor (TRB) market data, so prices, order books and volatility mirror the live market without putting real capital at stake.

In demo mode you can rehearse the full trading workflow: adjusting leverage on TRB/USDT perpetual contracts, placing market and limit orders, opening long or short positions, and setting take-profit and stop-loss levels. You can also test a trailing stop to see how it locks in profits as price moves.

Use the demo to build a repeatable process, then review your trade history to spot mistakes. Once you are consistently profitable and comfortable with risk controls, you can transition to live trading with real funds on BTCC.

How do I buy and trade Tellor TRB step by step?

Buying and trading Tellor (TRB) on BTCC follows a simple four-step flow:

  1. Register and complete KYC: create a BTCC account and finish identity verification to unlock deposits and trading.
  2. Deposit USDT: fund your account with USDT via card or by transferring from an external wallet.
  3. Open the market: go to the TRB/USDT perpetual contract page to view the live price, order book and funding rate.
  4. Place your order: choose isolated or cross margin, set your leverage, select Long or Short, configure take-profit and stop-loss, then confirm the order.

Start with small size while you learn how TRB behaves, and always use stop-losses. You can also practice the same steps in BTCC's demo account with virtual funds before trading live.

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