
REL (REL) Tokenomics
REL (REL) Tokenomics & Price Analysis
Explore key tokenomics and price data for REL (REL), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
REL (REL) Information
REL is a production-grade infrastructure platform that enables per-request payments for APIs through the x402 protocol, an HTTP extension that embeds payment handling directly into web requests. Acting as a reverse proxy, REL verifies payments on-chain before forwarding calls to the target API. This allows any provider to charge for access dynamically, without relying on centralized billing systems, subscription models, or external gateways.
The system was designed to integrate with existing APIs effortlessly. Developers upload an OpenAPI specification, define pricing per endpoint, and immediately enable usage-based monetization. REL handles all routing, payment validation, metering, and error management automatically, maintaining standard HTTP behavior for clients and compatibility with existing development workflows and tools.
Technically, the platform focuses on latency under 300 ms, reliability, and full protocol compatibility. It doesn’t alter the underlying business logic of APIs; it simply adds a verified payment layer that operates transparently. The infrastructure supports both individual developers and large organizations seeking transparent, usage-driven billing while retaining full control over their backend, data, and deployment environment.
REL’s architecture is stateless, deterministic, and designed for scalability, meaning payments and requests are processed independently without maintaining session state. This makes it suitable for high-throughput systems, enterprise data services, API marketplaces, and AI agents requiring precise, per-call payments. Its purpose is purely functional: to provide a stable, efficient bridge between established HTTP standards and on-chain transaction logic, without friction, unnecessary abstraction, or deviation from standard web infrastructure practices.
REL (REL) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of REL (REL) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of REL tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many REL tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand REL's tokenomics, explore REL token's live price!
REL Price Prediction
Want to know where REL might be heading? Our REL price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
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