PASS

Tellor (TRB)

Decentralized oracle. PoW-style dispute mechanism for price feeds.

Ranked 192nd of 251 rated tokens. Scoring pass 11 Jun 2026.

Score
90/250
192nd of 251
Percentile
23.9%
of the rated universe
Circulating
97.2%
2.8% of value still to vest
Off all-time high
-97.7%
43.5x to recover
EthereumERC-20+90 since last pass
01

What the numbers say

TRB scores 90 of 250 across the 25-variable framework, which places it 192nd of 251 rated tokens and inside the bottom quartile of the set. The framework verdict is PASS.

The score rests on Insider Selling 5/10, 42nd of 251, BTC Alpha Potential 4/10, 45th of 251 and Vesting Schedule 6/10, 59th of 251.

Against the same universe, TRB sits in the bottom third on Market Share 2/10, 203rd of 251, Holder Concentration 3/10, 197th of 251, Institutional Adoption 2/10, 192nd of 251 and Treasury Runway 4/10, 181st of 251. These are the variables that would have to move for the verdict to change.

97.2% of eventual supply is already circulating, so vesting is not a live risk for TRB. Price has to be justified by demand rather than absorbed against a cliff.

TRB trades 97.7% below its all-time high of $593.09. Recovering that level is a 43.5x move, not a 97.7% one, which is the arithmetic most drawdown charts hide.

The framework score gained 90 points against the previous pass (0 to 90). Revisions of this size follow a change in the underlying variables, not a change in price.

02

25-variable breakdown

Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.

Cash flow

Cash flow variables for TRB, scored 1 to 10 and ranked against 251 tokens
Protocol Revenue
398th of 251
Revenue Trend
3117th of 251
P/S Multiple
4104th of 251
Real Staking Yield
3143rd of 251

Supply

Supply variables for TRB, scored 1 to 10 and ranked against 251 tokens
Supply Inflation
4146th of 251
Vesting Schedule
659th of 251
Circulating / FDV Ratio
688th of 251
Buyback and Burn
2114th of 251

Ownership

Ownership variables for TRB, scored 1 to 10 and ranked against 251 tokens
Smart Money Flows
3149th of 251
Insider Selling
542nd of 251
Holder Concentration
3197th of 251

Traction

Traction variables for TRB, scored 1 to 10 and ranked against 251 tokens
TVL Trend
3111th of 251
Active Users
3149th of 251
Developer Activity
583rd of 251
Network Growth
3156th of 251

Position

Position variables for TRB, scored 1 to 10 and ranked against 251 tokens
Market Share
2203rd of 251
Competitive Moat
3175th of 251
Institutional Adoption
2192nd of 251
Exchange Depth
4157th of 251
Social Mindshare
3157th of 251

Risk

Risk variables for TRB, scored 1 to 10 and ranked against 251 tokens
Regulatory Safety
5102nd of 251
Catalyst Calendar
3158th of 251
BTC Alpha Potential
445th of 251
Team Execution
4147th of 251
Treasury Runway
4181st of 251

The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.

03

Catalyst and risk

Next catalyst

Decentralized oracle with dispute mechanism; high staking rewards attract validators.

Principal risk

Low market cap oracle; liquidity fragmentation vs Chainlink dominance.

04

Market and supply

Price$13.70
Market cap$38.4Mrank 518
All-time high$593.0931 Dec 2023
Circulating supply2,801,660
Eventual supply (total supply)2,883,696
Dilution to full supply1.03x
Listed onBinance, Kraken, Uniswap

Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.

05

Tokens with a similar profile

These are the closest matches to TRB measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.

07

Common questions

What is the Early Thunder score for Tellor (TRB)?
TRB scores 90 out of 250 on the 25-variable framework, ranking 192nd of 251 rated tokens (bottom quartile). The framework verdict is PASS.
What are TRB's strongest fundamentals?
TRB ranks highest on Insider Selling 5/10, 42nd of 251, BTC Alpha Potential 4/10, 45th of 251 and Vesting Schedule 6/10, 59th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
What are the weakest parts of the TRB thesis?
TRB scores in the bottom third of the universe on Market Share 2/10, 203rd of 251, Holder Concentration 3/10, 197th of 251, Institutional Adoption 2/10, 192nd of 251 and Treasury Runway 4/10, 181st of 251. The single risk carried on the scorecard is: Low market cap oracle; liquidity fragmentation vs Chainlink dominance.
How much TRB supply is still to enter circulation?
97.2% of eventual TRB supply is circulating today, leaving 1.03x the current float still to arrive. At a flat price per token that is 2.8% of fully diluted value ahead of current holders.
How far is TRB from its all-time high?
TRB trades 97.7% below its all-time high of $593.09. Returning to that high requires a 43.5x move from the level used in this scoring pass.
Which tokens have a similar profile to TRB?
Measured on the shape of all 25 scored variables rather than on price, the closest matches to TRB are CELR (90), KNC (110), ALPHA (91) and NOS (86). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
What is the next catalyst for TRB?
Decentralized oracle with dispute mechanism; high staking rewards attract validators.

Keep reading

Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.