The current real-time price of RAZOR is $0.0003. In the past 24 hours, RAZOR has traded between $0.0001 and $0.0003, showing strong market activity. The all-time high of RAZOR is $0.9785, and the all-time low is $0.0001.
From a short-term perspective, the price change of RAZOR over the past 1 hour is , over the past 24 hours is +0.52%, and over the past 7 days is +1.20%. These figures provide a quick overview of the latest price trends and market dynamics of RAZOR on LBank.+4.04%
The live price of RAZOR today is $0.0003, with a current market cap of $183.830K. The 24-hour trading volume is 274.08. The price of RAZOR to USD is updated in real time.
Before deciding whether to buy or sell RAZOR, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s RAZOR technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for RAZOR.
How much will RAZOR be worth tomorrow, next week, or next month in ? What about your RAZOR assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! RAZOR Price Prediction
To learn more about RAZOR, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x8fb1...687669  | 388.232M | 38.82% |
ethereum | 0x7c88...fd9585 | 290.702M | 29.07% |
ethereum | 0x2906...839665 | 26.000M | 2.6% |
ethereum | 0x40ec...5bbbdf | 25.658M | 2.57% |
ethereum | 0x8aa2...38c7bd | 19.097M | 1.91% |
Other | 250.307M | 25.03% |
Razor Network is a decentralized oracle platform that connects smart contracts with real-world, off-chain data. It utilizes a network of validators to ensure data integrity and security. Unlike centralized alternatives, Razor employs a decentralized consensus mechanism where stakers verify data accuracy. Its primary objective is to provide "maximum game-theoretical security" for decentralized applications across various blockchain ecosystems.
Razor stands out through its unique Sliding Court Mechanism. This feature allows any oracle result to be disputed through an iterative process, specifically designed to protect the network against "bribing attacks" and other exploits that might compromise different oracle designs. Razor’s multi-layered dispute resolution ensures high economic security and data reliability, making it a robust choice for developers requiring trustless data feeds.
The network relies on two types of participants. Validators are entities that run nodes, report data, and are required to stake a minimum amount, historically 1 million $RAZOR. Delegators are token holders who prefer not to manage hardware; they instead stake their tokens with existing validators. While validators handle the technical reporting, both parties earn rewards for their contribution to network security, though validators carry the responsibility of maintaining hardware and uptime.
Stakers are incentivized through block rewards and a portion of the query fees paid by applications utilizing the data feeds. However, the system includes a "slashing" mechanism to ensure honesty. If a validator reports data that is inconsistent with the majority or remains inactive, a portion of their staked tokens can be lost. This system ensures that all participants are financially motivated to act honestly and maintain the network's integrity.
Users can acquire $RAZOR on prominent exchanges like LBank. To participate in native staking and governance, users typically move their tokens from chains like Ethereum or Polygon to the Razor Chain (on SKALE) using the official Razor Bridge. Once on the native chain, users can interact with the Razor Scan dashboard to stake their tokens, either as a validator or a delegator, to begin earning rewards and participating in the protocol's security.
Razor has transitioned to a fully on-chain governance model where stakeholders use $RAZOR or $sRZR (staked RAZOR) to vote on protocol parameters via a dedicated portal. This ensures the community directs the project's evolution. Regarding interoperability, Razor is blockchain-agnostic and currently integrated with Ethereum, Polygon, SKALE, and the XDC Network. This multi-chain approach allows various decentralized applications to access secure data feeds regardless of their underlying host chain.
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