Current Tellor (TRB) Price and Market Overview
As of July 2, 2025, the live price of Tellor (TRB) is $35.21**, with a 24-hour trading volume of **$17,401,533. Over the past day, TRB has seen a decline of -2.40%, reflecting short-term market corrections common in the volatile crypto landscape. Tellor currently ranks #353 among over 67,000 tracked cryptocurrencies by market presence.
The project boasts a market capitalization of $94,415,869, calculated from its circulating supply of 2,681,284 TRB coins. The total supply is capped at 2,761,131 TRB, indicating that nearly all tokens are already in circulation. This limited supply structure may influence long-term scarcity and value dynamics.
👉 Discover how decentralized oracle networks like Tellor are shaping the future of Web3
What Is Tellor (TRB)?
Tellor is a decentralized oracle network designed to provide secure and reliable off-chain data to smart contracts on the blockchain. In the world of decentralized finance (DeFi), accurate real-world data—such as asset prices, weather information, or sports results—is essential for smart contracts to execute correctly. Tellor fills this critical role by incentivizing miners to submit high-quality data through a proof-of-work mechanism secured by staking.
Unlike centralized or semi-centralized oracles, Tellor operates fully on-chain, ensuring transparency and resistance to manipulation. Data requests are fulfilled through a competitive process where miners stake TRB tokens to submit values. If their data is accepted by the network, they are rewarded; if found inaccurate, they risk losing their stake.
This model aligns with core blockchain principles: trustlessness, censorship resistance, and decentralization.
Key Features of Tellor
- On-Chain Data Delivery: All data queries and submissions occur directly on the Ethereum blockchain.
- Incentive Mechanism: Miners earn TRB rewards for accurate reporting and face slashing for dishonesty.
- Permissionless Access: Any developer can request data without needing approval.
- ERC-20 Compatibility: TRB runs on the Ethereum network as an ERC-20 token, ensuring broad wallet and exchange support.
- Dynamic Emission Model: New tokens are continuously issued to miners, supporting long-term network security.
TRB Tokenomics and Supply Details
Understanding the token economics of TRB is crucial for assessing its investment potential and network sustainability.
| Metric | Value |
|---|---|
| Circulating Supply | 2,681,284 TRB |
| Maximum Supply | 2,761,131 TRB |
| All-Time High Price | $610.60 |
| Initial Coin Offering (ICO) | June 1, 2018 |
| Total Funds Raised in ICO | $150,000 |
The near-complete circulation of TRB suggests that most tokens are already distributed, reducing the risk of sudden large-scale sell-offs from team or foundation reserves. The absence of a pre-mine and fair launch approach enhances community trust.
The dynamic emission model means there’s no hard cap on supply—new tokens are minted as rewards for miners who validate data. While this could lead to inflationary pressure, it also ensures ongoing participation and network security.
Use Cases and Ecosystem Integration
Tellor's primary function is serving as a decentralized oracle solution, making it a foundational infrastructure layer for various blockchain applications:
DeFi Protocols
Lending platforms, decentralized exchanges (DEXs), and yield aggregators rely on accurate price feeds to determine collateral ratios, liquidation points, and trade execution. Tellor provides tamper-proof pricing data without relying on centralized intermediaries.
Prediction Markets
Platforms that allow users to bet on real-world outcomes require verified external data. Tellor can deliver final scores, election results, or financial indices directly to smart contracts.
Insurance dApps
Parametric insurance products—such as crop insurance triggered by weather data—can use Tellor to automatically verify claims based on trusted off-chain sources.
NFT Projects
Some NFT collections use dynamic traits based on real-time data (e.g., time-based rarity). Tellor enables these innovations securely.
👉 Learn how developers are integrating oracle solutions into next-gen dApps
Frequently Asked Questions (FAQ)
Q: What is Tellor used for?
A: Tellor is a decentralized oracle network that supplies real-world data—like cryptocurrency prices—to smart contracts on blockchains. It ensures DeFi platforms operate fairly and transparently without relying on centralized data providers.
Q: Is TRB mineable?
A: Yes, TRB is mineable through a unique proof-of-work system where miners compete to submit accurate data points. They must stake TRB tokens to participate, which adds a layer of economic security.
Q: Where can I buy TRB today?
A: TRB is available on major exchanges including Binance, Bitget, HTX Global, BitGlobal, and OKX. Always verify current listings and trading pairs before purchasing.
Q: What makes Tellor different from other oracles like Chainlink?
A: Tellor emphasizes full on-chain operation and simplicity. While Chainlink uses off-chain nodes and complex coordination, Tellor processes everything directly on Ethereum, offering greater transparency at the cost of higher gas fees.
Q: What was Tellor’s all-time high price?
A: Tellor reached its highest recorded price of $610.60 during the 2021 bull run, driven by growing interest in decentralized oracle solutions.
Q: Is Tellor built on Ethereum?
A: Yes, TRB is an ERC-20 token issued on the Ethereum blockchain, making it compatible with MetaMask, Uniswap, and other Ethereum-based tools.
Market Performance and Investment Outlook
While TRB has pulled back significantly from its all-time high, it remains a relevant player in the decentralized oracle space. Its focus on on-chain integrity appeals to purists who prioritize decentralization over scalability shortcuts.
With increasing demand for trustworthy data in DeFi, prediction markets, and insurance protocols, oracle networks like Tellor are positioned to benefit from broader adoption of smart contract ecosystems.
However, investors should consider:
- Competition from larger projects like Chainlink and Pyth Network.
- Scalability challenges due to on-chain design.
- Reliance on miner participation for data freshness.
Long-term viability depends on continued integration into new dApps and improvements in efficiency through layer-2 solutions or Ethereum upgrades.
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Final Thoughts
Tellor represents a bold experiment in decentralized data delivery—prioritizing transparency and security over speed and cost-efficiency. For developers and users who value true decentralization, it offers a compelling alternative to hybrid or off-chain oracle models.
As the Web3 ecosystem matures, reliable infrastructure like Tellor will become increasingly vital. Whether you're an investor assessing fundamentals or a builder seeking secure data feeds, understanding TRB’s role in the blockchain stack is essential.
With strong fundamentals, a committed development team, and growing use cases across DeFi and beyond, Tellor continues to hold a strategic position in the evolving crypto economy.
All content is for informational purposes only and does not constitute financial advice.