24 hour low
$61.030
24 hour high
$66.380
Market cap ranking
#347
Market cap
$162.72M
24 hour volume
$26.39M
Circulating supply
2.64M
Total supply
0
The current price of Tellor is $61.759, with a 24-hour trading volume of $26,387,202.33. In the last 24 hours, the price of Tellor decreased by −6.21%. With a circulating supply of 2,635,268 TRB Tellor's market cap stands at $162,723,930.95. Currently, Tellor ranks #347 by market cap.
Tellor (TRB) is a decentralised oracle platform built on the Ethereum blockchain. Its main purpose is to provide secure and reliable data feeds to decentralised applications (dApps) and smart contracts. The project was founded in 2018 and launched its mainnet in 2019. Tellor's unique approach to providing oracle services is based on a decentralized network of miners, who are incentivised to provide accurate data to the platform in exchange for TRB tokens. Miners submit data through a process called "dispute resolution," where the data is validated by a consensus mechanism and then added to the Tellor oracle database. One of the key benefits of Tellor is its ability to provide high-quality data to dApps and smart contracts in a secure and decentralised manner. The platform's use of a decentralised network of miners ensures that data is accurate and reliable, and its dispute resolution process provides a mechanism for resolving any disputes that may arise. Tellor also offers a range of other features, such as a query system that allows developers to request specific data from the platform, and a staking mechanism that allows users to stake their TRB tokens to become a miner and earn rewards. The native token of the Tellor platform is TRB, which is used to incentivise miners to provide accurate data and to pay transaction fees on the platform.