What Tellor connects
Tellor (TRB) is a decentralized oracle network token, currently ranked 308th by market capitalization among the assets we track. Tellor powers a decentralized oracle network — the infrastructure that feeds real-world data (prices, events, randomness) into smart contracts that otherwise can't see beyond their own chain. The TRB token pays and secures the node operators who deliver it.
Tellor (TRB) is a decentralized oracle network that allows smart contracts to securely access off-chain data, facilitating the integration of real-world information into blockchain applications. It utilizes a unique staking model to incentivize data providers and ensure the accuracy of information.
How the data stays trustworthy
An oracle is only useful if its data is hard to corrupt. Decentralized node sets, staking, and reputation systems exist so that no single operator can feed a contract a bad price and drain it.
Under the hood, TRB secures its ledger with Proof of Work, built on the Keccak-256 algorithm.
Background & fundamentals
Tellor first went live in 2019, giving it roughly 7 years of on-chain price history to draw on. Tellor operates under a centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust.
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in TRB. CoinPaprika classifies the project's development status as "Working product". In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Arbitrum Ecosystem, and Polygon (MATIC) Token.
Where Tellor sits in the market
At $13.51, Tellor carries a market capitalization of $36.70M. Around $6.22M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 16.94% of the float — elevated, often a sign of narrative-driven trading.
Tellor carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. TRB remains -98% beneath its all-time high of $578.97, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $6.41, TRB is up +111%.
What the price history shows
The tape currently reads 24-hour -0.45%, 7-day +2.34%, 30-day -6.32%, 1-year -42.35%. Across roughly the last 365 days of daily candles, TRB endured a peak-to-trough drawdown of about 74% before stabilizing.
Volatility profile
Recent action puts Tellor in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals -6.32%, a useful input for stop placement and position sizing.
How to evaluate an oracle network like Tellor
The honest checklist for TRB is short:
- Integration breadth — how many protocols and how much value rely on Tellor feeds.
- Data security — node decentralization and the crypto-economic stake protecting each feed.
- Token demand — whether TRB is genuinely required to pay for or secure the network's services.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
