Tellor (TRB) is a decentralized oracle network designed to bring real-world data securely onto blockchains. With growing demand for reliable, tamper-proof data feeds in decentralized applications (dApps) and smart contracts, Tellor has carved out a unique niche in the Web3 ecosystem. As of the latest update, the live price of Tellor (TRB) stands at $34.77**, with a 24-hour trading volume of **$525,672. Over the past day, TRB’s value has declined by -4.58%, and it is down -8.52% over the last week.
The circulating supply of TRB is 2,681,766 tokens, resulting in a market capitalization of $93.74 million**, ranking it #213 among all cryptocurrencies by market cap. Despite a significant drop from its all-time high of **$602.98, TRB remains an intriguing asset for investors interested in decentralized oracles and blockchain infrastructure.
🔍 Core Keywords
- Tellor (TRB)
- Decentralized oracle
- Blockchain data
- TRB price prediction
- Web3 infrastructure
- Crypto mining
- Smart contract data
- TRB market cap
These keywords reflect both user search intent and the core technological value proposition of the Tellor network.
📊 Price Performance & Market Metrics
| Period | Price Change | Percentage Change |
|---|---|---|
| Today | -$1.68 | -4.61% |
| 7 Days | -$3.24 | -8.53% |
| 30 Days | -$8.64 | -19.91% |
| 3 Months | +$4.61 | +15.29% |
While short-term volatility is evident, the 3-month trend shows a modest recovery, suggesting potential resilience amid broader crypto market fluctuations. The current price represents a 94.23% decline from its all-time high but a massive 3,040.41% increase from its all-time low of $1.10.
👉 Discover how decentralized networks like Tellor are shaping the future of trustless data
🌐 What Is Tellor?
Tellor operates as a decentralized oracle network, bridging off-chain data with on-chain smart contracts. Unlike centralized data providers, Tellor uses a competitive mining mechanism where participants—called "Tributes"—submit real-world data such as cryptocurrency prices, weather reports, or stock indices. This data is then verified and secured through staking and cryptographic challenges.
This design ensures that no single entity controls the data flow, enhancing security and censorship resistance—key features for DeFi platforms, prediction markets, and insurance protocols that rely on accurate external inputs.
💡 Key Use Cases of TRB Token
The TRB token powers the entire Tellor ecosystem through multiple utility layers:
1. Data Oracle Services
Miners stake TRB to participate in data reporting. When a smart contract requests data (e.g., BTC/USD price), Tributes retrieve and submit it. The most accurate submissions are rewarded with newly minted TRB tokens.
2. Network Security & Decentralization
Staking TRB acts as collateral. Miners risk losing their stake if they submit fraudulent or inaccurate data, aligning incentives with network integrity.
3. Governance Participation
TRB holders can vote on protocol upgrades, fee structures, and dispute resolutions. This decentralized governance model empowers the community to shape the future of the network.
4. Off-Chain Payment Agreements
TRB can be used in peer-to-peer agreements outside the blockchain, adding flexibility to its use beyond pure staking or trading.
5. Trading & Investment
TRB is actively traded across major exchanges, allowing users to capitalize on price movements or hold long-term based on adoption trends.
🔗 Supported Blockchains
Tellor has expanded beyond Ethereum to support multiple Layer 1 and Layer 2 networks, increasing its interoperability and reach:
- Ethereum
- Polygon
- Gnosis Chain
- Optimism
- Arbitrum
- Filecoin FVM
Additionally, Tellor runs on several testnets including Sepolia, Goerli, Mumbai, Chiado, and others—facilitating developer testing and integration before mainnet deployment.
This multi-chain presence enhances scalability and reduces congestion-related delays, making Tellor a viable solution for cross-chain dApps.
⛏️ How to Mine TRB Tokens
Mining on Tellor differs from traditional proof-of-work systems. Instead of solving complex hashes, miners compete to deliver accurate real-world data.
Here’s how to get started:
- Acquire Initial TRB: Purchase TRB tokens from a supported exchange to cover initial staking requirements.
- Set Up a Mining Node: Install compatible mining software and configure your node to connect to the Tellor network.
- Sync with Blockchain: Ensure your node is up-to-date with the latest chain state.
- Respond to Data Requests: Monitor for new queries (e.g., “What is the current ETH price?”) and submit verified responses.
- Earn Rewards: If your data is selected as accurate, you earn TRB rewards.
- Maintain Node Health: Regular updates and monitoring ensure consistent performance and reward eligibility.
Mining not only generates income but also strengthens the network’s reliability and decentralization.
👉 Learn how blockchain oracles are revolutionizing DeFi and smart contract ecosystems
💼 How to Store and Manage TRB
You can store TRB using various wallet types:
- Custodial Wallets: Exchanges like KuCoin offer built-in wallets for easy access and trading.
- Self-Custody Wallets: Software wallets (e.g., MetaMask, Trust Wallet) give you full control over private keys.
- Hardware Wallets: Devices like Ledger or Trezor provide top-tier security for long-term holdings.
- Paper Wallets: Offline storage options ideal for cold storage strategies.
For active traders, custodial wallets offer convenience; for long-term holders, hardware wallets are recommended.
💵 Converting TRB to Cash
To liquidate your TRB holdings:
- Sell TRB for USDT or another stablecoin on a spot market.
- Use P2P (peer-to-peer) services to exchange stablecoins for local fiat currency (e.g., USD, EUR).
- Alternatively, trade directly via available crypto-fiat pairs if supported.
Always consider transaction fees and withdrawal limits when converting.
❓ Frequently Asked Questions (FAQ)
Q: What is the circulating supply of Tellor (TRB)?
A: As of early 2025, there are approximately 2,681,766 TRB in circulation. The maximum supply is uncapped, meaning new tokens may be minted through mining rewards.
Q: Can TRB be mined indefinitely?
A: Yes, TRB follows an inflationary model where miners are continuously rewarded for providing data, ensuring long-term network participation and security.
Q: Is Tellor audited?
A: Yes, Tellor has undergone third-party security audits by firms like CertiK, enhancing trust in its codebase and smart contracts.
Q: How does Tellor compare to Chainlink?
A: While both are oracle networks, Tellor uses a mining-based model with on-chain dispute resolution, whereas Chainlink relies more on reputation-based node operators. Tellor emphasizes decentralization; Chainlink focuses on enterprise scalability.
Q: Where can I track TRB price live?
A: Real-time price tracking is available on major crypto platforms showing live charts, volume, market cap, and trading pairs.
Q: Is investing in TRB risky?
A: Like all cryptocurrencies, TRB carries market risk due to volatility and regulatory uncertainty. However, its role in Web3 infrastructure gives it fundamental value for those bullish on decentralized data.
👉 Explore tools to analyze real-time crypto trends and make informed decisions
🧩 Final Thoughts
Tellor (TRB) represents a critical piece of Web3 infrastructure—an open, decentralized oracle solution resistant to manipulation and downtime. While its price has seen dramatic swings since its peak in 2021, its ongoing development, multi-chain expansion, and active mining community suggest enduring relevance.
For investors and developers alike, TRB offers more than just speculative potential—it provides a tangible utility in securing the bridge between blockchain logic and real-world events.
Whether you're mining data, participating in governance, or holding as part of a diversified crypto portfolio, Tellor continues to play a vital role in the evolution of trustless systems.