Tellor (TRB)

Tellor (TRB) is the native token used by the Tellor data-consensus network for staking, tips, dispute fees, and voting. Tellor’s 2026 design describes a standalone Layer 1 where staked reporters and validators produce and secure data for applications.

CoinGecko snapshot captured 2026-10-22 04:47 UTC; price, market-cap, and 24-hour fields may refresh.
Stat Value
Ticker TRB
Price $18.14
Market Cap $51.376M
24h Change -1.27%
Circulating Supply 2.832 million TRB
Total Supply 2.904 million TRB total

In-Depth Explanation

An application can request a data query, such as a market value or another defined fact. Staked reporters submit values, and the network aggregates supported reports. Users and other participants can dispute questionable reports; the protocol uses fees, voting, and slashing to discourage dishonest behavior. Applications still need to choose suitable freshness, dispute-monitoring, and fallback rules for the data they consume.

Why Tellor is different

Tellor emphasizes open participation and economic challenges rather than relying only on a fixed provider committee. Its current whitepaper describes Tellor as its own Layer 1 and explains how data and TRB move between that chain and external networks. This design can support flexible data requests, but cross-chain use requires relayers and bridge checks, and prioritizing security can add waiting time.

History

  • August 2019 — Tellor identifies this as its initial deployment and the start of its permissionless reporting and dispute model.
  • August 2026 — The project’s updated whitepaper describes the standalone Tellor Layer 1 and its current reporter, validator, and bridge design.

Tokenomics

TRB has no fixed maximum supply stated in the current whitepaper. That document describes monthly issuance of 4,000 TRB to the team and an equivalent 4,000 TRB for reporter and validator rewards; 75% of time-based rewards go to reporters and 25% to validators. Tips are paid in TRB: the paper says 98% is distributed to reporters and 2% is burned. CoinGecko reports about 2.832 million circulating and 2.904 million total in the snapshot above. These protocol rules and market estimates describe different things.

Common Misconceptions

Misconception: anyone can submit a value without economic consequences, or Tellor guarantees every value is correct. Participation is open, but staking and dispute rules create economic consequences. Applications must still select appropriate checks and monitor data; an oracle design cannot make every external fact objectively knowable.

Social Media Sentiment

The TellorOfficial weekly price-talk thread posted October 19, 2026 showed very little visible discussion: the indexed page displayed a single vote and no substantive replies. That is too little evidence to infer a bullish, bearish, or representative community view.

Last updated: 2026-10

Related Terms

See Also

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