Network Token (RLC) API and Price Oracle Network Token API Logo Network Token

For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
Blockchain network where the asset is deployed
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
Volume 24h
Trades 24h
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Token information

What is Network Token (RLC)?

The Network Token (RLC) is a cryptocurrency that powers the iExec decentralized cloud platform. Founded in 2017 by Gilles Fedak and Haiwu He, iExec aims to provide blockchain-based solutions for decentralized computing. RLC is used to pay for computing resources on the network and incentivize users to contribute their computing power. The name "iExec" originates from "I Execute" to reflect the platform's focus on execution of decentralized applications.

How does Network Token work?

The Network Token (RLC) operates on the Ethereum blockchain and is an integral part of the network. is a blockchain-based decentralized cloud computing platform that aims to connect computing resources with users in need of powerful and scalable computing solutions.

The underlying technology behind is a combination of blockchain, smart contracts, and off-chain computing. The platform enables users to access a wide range of computing resources, such as CPU, GPU, and data storage, from a decentralized network of providers.

The network functions through the use of blockchain oracles. These oracles act as intermediaries between the blockchain and the real-world data needed for smart contracts to execute. They supply verified data to the blockchain, ensuring the integrity and accuracy of the information used in computations.

The Network Token plays a crucial role within the ecosystem. It is used as a means of exchange between resource providers and users. Resource providers are rewarded with RLC tokens for contributing their computing resources to the network, while users must pay with RLC tokens to access these resources.

By utilizing blockchain technology, ensures transparency, security, and efficiency in the cloud computing market. It offers a decentralized alternative to traditional cloud computing platforms, empowering users to leverage a global network of computing resources.

Overall, the Network Token enables seamless interactions between users and resource providers on the network and facilitates the growth and scalability of decentralized cloud computing.

What are the benefits of Network Token?

The Network Token (RLC) offers several benefits compared to its direct competitors. One of the key advantages is its focus on providing distributed computing resources on the blockchain. Unlike some competitors that primarily focus on decentralized storage, RLC aims to create a marketplace for computing power, allowing individuals and organizations to buy and sell computational resources.

Another benefit of RLC is its integration with off-chain computing resources. By combining blockchain technology with traditional computing, aims to create a scalable and efficient ecosystem for distributed computing. This allows for the execution of complex computations in a decentralized manner, improving scalability and lowering costs compared to centralized alternatives.

Furthermore, Network Token operates on the Ethereum blockchain, which provides a well-established and widely adopted platform. This integration enables interoperability with other Ethereum-based applications and smart contracts, enhancing the utility and flexibility of RLC.

When compared to other projects in the field, Network Token stands out for its specific focus on distributed computing and its emphasis on real-world applications. While other competitors may offer similar functionalities, RLC differentiates itself by providing a dedicated platform for executing complex computations on the blockchain, positioning itself as a leader in this niche.

In summary, the Network Token offers benefits such as a focus on distributed computing, integration with off-chain resources, and interoperability with the Ethereum ecosystem. These features distinguish RLC from its direct competitors and make it a promising solution for decentralized computing needs.

What is Network Token used for?

The Network Token (RLC) is used within the network, which aims to provide decentralized cloud computing services. RLC serves various purposes within the ecosystem, including paying for computing resources, incentivizing participants, and enabling governance.

One common use case for RLC is paying for computing resources on the network. Users can utilize RLC tokens to access the network’s decentralized cloud infrastructure, allowing them to deploy and run their applications or execute off-chain computations. By using RLC tokens as payment, users can benefit from the network's scalability, security, and affordability.

Moreover, RLC tokens are used to incentivize participants within the network. Participants such as miners and resource providers are rewarded with RLC tokens for contributing their computing power, storage, or bandwidth to support the network's operations. These incentives help ensure the availability and reliability of the network by encouraging active participation.

In terms of governance, RLC tokens enable token holders to participate in decision-making processes within the network. Token holders can propose and vote on important network upgrades, changes, or adjustments. This democratic governance model allows community members to have a say in the evolution and direction of the network.

One specific case where RLC tokens can be used is in the field of scientific research. Researchers can leverage the network to access powerful computational resources for complex simulations, data analysis, or modeling. By utilizing RLC tokens, researchers can efficiently process large volumes of data and perform resource-intensive computations, potentially accelerating scientific breakthroughs while reducing costs.

In summary, the Network Token (RLC) has multiple uses within the ecosystem, including paying for computing resources, incentivizing participants, and enabling governance. With its specific use cases, RLC tokens can empower users in fields like scientific research to access decentralized cloud computing services efficiently.

What is DIA's Network Token API?

DIA's Network Token API is part of DIA's comprehensive suite of APIs and blockchain oracles designed to provide developers with real-time price feeds for various crypto assets. These price feeds are created using raw data from a vast array of on-chain and off-chain exchanges, encompassing over 85 different platforms for cryptocurrencies and NFTs.

DIA's API endpoints offer free access for developers to test their functionality and explore the possibilities they hold. These endpoints can be easily accessed on the DIA App, where you can find the free price feed API endpoint for any specific asset you are interested in.

However, the true power of DIA's APIs lies in their customizability. DIA offers the ability to tailor API data feeds according to specific requirements and preferences. This means that users can request custom configurations for their feeds, including different sources, methodologies, and update mechanisms. By offering this level of flexibility, DIA ensures that developers can obtain the data they need in a way that suits their specific use cases.

The applications for DIA's APIs are wide-ranging across the blockchain ecosystem. In the DeFi sector, they can support derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. Furthermore, in the NFTfi space, DIA's APIs enable functionalities like peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and various other possibilities.

In summary, DIA's Network Token API, along with the rest of their API suite, provides real-time price feeds for crypto assets. While free endpoints are available for testing purposes, the real value comes from the ability to create customized feeds tailored to specific needs and use cases. These APIs offer invaluable support for various DeFi and NFTfi applications within the blockchain ecosystem.

What is DIA's Network Token price oracle?

DIA's Network Token price oracle is a smart contract that provides real-time price feeds for crypto assets. DIA has integrated with over 35 layer 1 and layer 2 networks, allowing them to deploy price oracles in multiple blockchains. These price feeds are constructed using raw data from billions of individual trades across 85 on-chain and off-chain cryptocurrency and NFT exchanges.

DIA offers (free) demo oracles for developers to test, which can be found in their documentation. However, these demo oracles are only for testing purposes and cannot be integrated into production applications. If a user requires a custom configuration for a price feed, DIA can build a dedicated price feed oracle. Custom data feeds can be tailored in terms of sources, methodologies, update mechanisms, and more. To request a custom feed, users can get in touch with DIA via Discord or Telegram.

DIA's custom price oracles offer a more useful solution for users, as they can be tailored to specific needs. These oracles can be used in various ways across the blockchain ecosystem, including derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more.

In blockchain, an oracle is an external information provider that supplies verified data from outside the blockchain to smart contracts. It ensures that smart contracts have access to real-world information securely and reliably.

Overall, DIA's Network Token price oracle, along with its custom oracles, provides valuable real-time price feeds for a wide range of use cases within the blockchain ecosystem.

Why use DIA's RLC API & price oracle?

DIA's RLC API and RLC Price Oracle offer a range of benefits for users in the blockchain ecosystem. With DIA's technology, users gain access to accurate and reliable price data for cryptocurrencies and NFTs. The main advantage of using DIA's API or Price Oracle for the mentioned token is the high level of customization available.

Each oracle and API endpoint can be tailored to suit the specific needs of decentralized applications. Users have control over configuration settings such as the data sources that make up the feed, the data cleaning filters, pricing methodologies, and the update mechanisms. This customization ensures that the data and oracle remain robust and resilient to market conditions, providing global market as well as specific individual or cross-chain market prices.

Transparency is another major benefit of using DIA's API and Oracle feeds. DIA's technology provides full and granular transparency across the entire data journey. Users can closely track and monitor the oracle and API feeds.

In conclusion, DIA's RLC API and RLC Price Oracle offer significant benefits for users in the blockchain ecosystem. The customization options ensure a tailored solution for every user's needs, while the transparency provided by DIA's technology adds an extra layer of trust and accountability.

Why use DIA data feeds and oracles?

DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.