Tellor (TRB) is a decentralized oracle platform providing high-quality price data for DeFi, using miners to fetch and verify requested data via tokens and a voting system.
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Tellor (TRB) is a decentralized oracle platform designed to provide reliable price data for the DeFi sector. It works by allowing users to request specific data points, which miners then compete to provide and add to the blockchain. The TRB token incentivizes participation and secures the network, used both for requesting data and rewarding miners for their contributions. Think of it as a crowdsourced, blockchain-based price feed for DeFi applications.
As of now, Tellor is trading at 32.632 USD, with a 24-hour trading volume of approximately 1.40M USD. The TRB to USD price is updated in real time. Over the past 24 hours, Tellor has increased by 10.94%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 86.84M USD. Currently, there are 2 661 065 TRB in circulation out of a maximum supply of 2 743 348 TRB.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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