Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

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Tellor is an interoperable multi-chain oracle network that can connect Ethereum and other EVM chains to external data. 

Data is becoming an increasingly valuable commodity, which makes securing data more important than ever. Despite how often digital interaction occurs, data that exists off-chain can't be accessed by blockchain-based applications. Without access to this valuable off-chain data, it can be a challenge to use 

 in real-world situations. While there is an innovative method to connect blockchains to real-world data via 

, these systems are often criticized due to their risk of reliance on third parties.

To solve the issue, Tellor and its TRB token have been designed to provide 

 with connections to external data. On that note, if you’d like to invest your money in a project that could push the crypto industry forward, this guide explains everything you need to know about the Tellor system before you make that investment.

 is an interoperable multi-chain oracle network that can connect Ethereum 

The blockchain-based network is a secure, decentralized system that runs on major chains like Ethereum, 

The Tellor system was launched in 2019 by Michael Zemrose and Brenda Loya. Based in the U.S., the project was designed to resolve the issues oracles usually face, namely low speeds and high costs for off-chain data feeds. 

The platform is designed to provide Ethereum smart contracts with useful off-chain data. Every data feed that the project uses is stable and reliable. Before the Tellor oracle network was developed, crypto users were tasked with entering a standard cryptocurrency exchange to look up live data about the crypto market, as well as information about current market metrics. Exchanges are equipped with application programming interfaces (APIs) that provide users with the opportunity to keep track of up-to-date data feeds.

Tellor enables users to access the data in a single location via an oracle feed, or Ethereum-based smart contracts. The oracle feed sources reliable, real-time information that users can draw upon without navigating to an exchange.

Ethereum-based smart contracts typically don't have access to any off-chain data. Often, only the info in the contract is accessible. The Tellor network resolves this issue by making it easy for smart contracts to be connected to each on-chain data bank. These connections are directly backed by staked 

, referred to as Reporters within the Tellor network, with the upgrade of its system from 

Hosted directly on Ethereum, Tellor is a type of oracle network that's able to provide Ethereum-based smart contracts with off-chain data. The platform exists as a medium situated between Ethereum and the off-chain data point that the Tellor oracle accesses. Once connections between the two are made, users are provided with 

 feeds. By using the oracle as a bridge that supports the connection, third parties are no longer needed, which allows for increased decentralization.

Previously, the network ran on a hybrid PoW and PoS algorithm, with staked miners who provide Ethereum with secure and trustless data. Miners work together to solve mathematical equations and other problems. Once the problems are solved, off-chain information is confirmed and validated. 

With the revamp to a full PoS mechanism, Tellor 

 in which the miners are now referred to as Reporters. Instead of competing to answer queries on-chain, a single Reporter performs the recording and reporting of data.

By validating information before sending it to Ethereum, Tellor prevents the manipulation of data pulled from off-chain sources. Since Reporters must provide staked tokens to participate, they’re appropriately incentivized to deliver accurate data. If inaccurate info is submitted, Reporters can lose their tokens.

Also known as Tellor Tribute (TRB), the Tellor token is based on Ethereum and supports the platform’s incentivization program. TRB is staked directly by Reporters, and Tellor rewards the Reporters with "tips," which are paid when queries are accurately answered.

The platform is outfitted with a range of features that include everything from security to a 

Tellor’s security is administered via architecture that employs a bond/dispute mechanism to ensure the accuracy of offered data. The overall security of this network largely depends upon the dispute mechanism and the Reporters, who are responsible for responding to off-chain data requests. These Reporters have to bond or stake TRB before providing data, and risk losing their stake should the dispute mechanism deem their data to be a false report.

As previously mentioned, Tellor uses a unique 

 that allows users to challenge a data value immediately after data is positioned on-chain. If data remains on-chain for a lengthy period of time without being disputed, it's likely to remain secure. Tellor can safely assume that unchallenged data is secure since users are incentivized to dispute invalid values.

Anyone can dispute a data submission once a value is positioned on-chain. However, the challenger needs to pay a small dispute fee. Once the fee is paid and the challenge has been properly submitted, the account of the Reporter who originally submitted the data will be locked until a vote takes place. Over the course of two days, the Tellor governance mechanism allows voting to occur on the validity of the data. If the user is unable to wait for the final vote result, they can request the data again.

If the data is correct, the Reporter’s account is unlocked, and they receive the fee that the challenger paid. In the event the data is incorrect, the challenger receives a reward. If the data is determined to be invalid, both the Reporter and challenger get to keep their tokens, minimizing the risk of penalizing two innocent parties.

Tellor’s governance system is centered on settling disputes or challenges. This system is also used when new features or upgrades to the Tellor platform need a vote. For instance, a change to the monetary policy can occur only once a vote has taken place. Voting power is balanced primarily among TRB holders, users, Reporters and the Tellor team. 

While each group of stakeholders’ voting weight is equal, users and Reporters can adjust their voting power based on their level of activity in the system. 

The number of tips affects users’ level of influence. Reporters can increase their voting power with each valid data submission. Meanwhile, TRB holders’ influence is determined by the amount of TRB they hold on the chain in which the vote is occurring. The team's 

 acts as a tiebreaker and helps to safeguard the integrity of the system in its developmental stage. However, it will eventually be replaced as the system matures and there are sufficient users, Reporters and TRB holders working to establish checks and balances.

One crucial aspect of Tellor's governance system is that Tellor can be deployed across numerous chains. While TRB is an 

 token situated on the Ethereum network, users can launch the Tellor platform on practically any chain, and the governance and dispute resolution has to change to accommodate the chain in question. Governance for Tellor on a different chain is dictated by the stakeholders on that specific chain, and the inflationary time-based rewards are exclusive to Ethereum.

A Reporter stakes or bonds a minimum of 100 TRB (or $1,500 in TRB, whichever is greater in USD value) on the Ethereum chain. The minimum staking amount varies, depending upon the chain used. After staking, the Reporter can submit data for any query. 

Reporters are incentivized to present data to the user with the highest tip, and are rewarded for their data provision with 2% in tips and time-based inflationary rewards. After providing the data, however, the Reporter has to wait for a minimum 12-hour period (which can be configured) before they can submit again. 

Should a user require data more frequently than provided for when the time-based rewards exceed the gas costs, they can opt to include additional tips to boost the speed of the oracle.

 to its system in response to the continuing evolution of crypto and blockchain. This upgrade, termed the Tellor Layer, addresses several challenges, including the absence of a dominant blockchain as a native system, with the blockchains all utilized for various purposes, and the lack of distinction between a Layer 2 blockchain and a Layer 1 with a trustless bridge.

Additionally, as the internet transitions from Web 2.0 to 

, there will be increased demand for blockchain services, accompanied by heightened expectations for enhanced performance, finality and security of blockchain transactions. 

Tellor Layer is set to facilitate increased validation of data through a greater number of validators. Its modular governance will also help flexibly customize its governance framework. Users will be able to boost security by adding staking requirements. Furthermore, Tellor Layer will expand its scope of support, encompassing non-EVM chains in addition to EVM chains.

Tellor can be used as an oracle for all kinds of off-chain information. Because of how the platform is structured, it's not perfectly positioned to be used for high-speed values that require immediate accuracy. However, Tellor currently has many use cases. The platform’s team wants to further increase use cases in the months and years to come. Tellor’s use cases include:

Tellor Tribute (TRB), Tellor’s native token, drives the entire network, as it’s used to fund the contract that offers payment to the data Reporters. The Reporters also have to stake TRB as bond or collateral, which serves as a deterrent to malicious behavior that could harm the network. The Tellor token is the primary aspect of network security. When the token price is high, the cost of directly attacking the network is more expensive. 

The price of Tellor Tribute (TRB) has recently seen a sharp rise, shooting from below $10 in August to above $100 by the end of October. It now sits at $105.40, just about 35% lower than its all-time high of $161.12 on May 10, 2021, and over 1,000% higher than its lowest price of $0.01 on Nov 1, 2019.

While price analysts generally anticipate an uptrend for the token’s value, their predictions regarding its price trajectory vary. 

 a similarly conservative view, expecting it to be between $200 to $300 by 2030. On the other hand, DigitalCoinPrice presents a 

, foreseeing a peak of $381.59 in 2025, potentially surpassing $1,000 by 2030 and reaching $1,103.32.

Tellor has a considerable amount of value in the crypto industry since it solves the cost and speed issues with oracles. Even though the future of the platform isn't set in stone, DeFi applications are continuing to increase in popularity, which indicates a relatively bright future for Tellor. 

Moreover, Tellor is actively preparing to cater to the future development of the crypto space, exemplified by their proposed Tellor Layer protocol, which is poised to enhance their network’s flexibility. 

In addition, Tellor is committed to completely decentralizing their data specifications, granting greater flexibility in requests for custom data. To this end, the network has built an on-chain registry that connects the query type name with a document addressed by a hash on the IPFS. The on-chain registry empowers everyone to manage their data specifications efficiently. Additionally, hosting the document as a hash on IPFS minimizes gas consumption, as a majority of the document is stored off-chain.

All of these developments indicate Tellor’s positive potential as an investment. Alongside its recent price increase, Tellor’s price looks set to surge further. Nevertheless, it’s crucial to note that these observations aren’t financial advice. Given crypto’s volatile nature, it’s recommended you always 

If you want to purchase TRB, numerous platforms offer the token, one of which is Bybit. When using Bybit, TRB is available via perpetual contract (

 is unique because it doesn't have an end date. These contracts are essentially derivatives that provide you with the opportunity to speculate on a cryptocurrency's future direction.

While standard futures contracts expire each quarter, perpetual contracts never expire. You can use them to bet on a currency's price over a short or long period of time. If you want to purchase TRB perpetual contracts on Bybit, you can start by 

 on Bybit, or logging in to your existing Bybit account. You can find TRB by entering its three letters into the search bar at the top of the Derivatives page. 

Tellor effectively solves the oracle problem, and has already proven to be a secure solution for bringing off-chain data to blockchains such as Ethereum. The network’s interoperability expands its scope to multiple chains, enabling more users to participate in decentralized data provision. 

As the crypto/DeFi space continues to evolve, projects like Tellor play a pivotal role in ensuring the integrity and reliability of blockchain data. With its robust and secure system, Tellor is well-positioned to continue its journey toward becoming a cornerstone of DeFi and a trusted provider of secure, real-time information to blockchain applications worldwide

Tellor (TRB): A Secure Solution to Bringing Off-Chain Data On-Chain

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards