TRB is the native token of Tellor, a decentralized oracle protocol that allows Ethereum-based and EVM-compatible smart contracts to access off-chain data through a network of permissionless staked reporters. The TRB token powers all core functions of the protocol: it is used to pay for submitting and retrieving data, acts as staking collateral for reporters, backs dispute resolution mechanisms, and grants governance rights to token holders. Tellor uses a unique economic model where users submit data requests by paying TRB, and competing reporters stake TRB to respond. Submitted values can be challenged by others, who stake TRB to initiate a dispute, leading to a decentralized vote and potential slashing. This approach maintains integrity and decentralization without relying on whitelisted or permissioned nodes. With a fixed max supply of 2.75 million TRB and presence across Ethereum, Polygon, Arbitrum, and other networks, Tellor is a flexible, censorship-resistant oracle layer used in DeFi, prediction markets, and insurance protocols. TRB’s utility is rooted in aligned incentives: accurate data is rewarded, and dishonest reporting is penalized, ensuring the system’s long-term trust and decentralization.
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