What is REL (REL)?
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.
How does REL work?
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.
What is REL used for?
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.
Where can you buy REL?
REL (REL) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for REL sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting REL, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of REL (REL)?
The reported 24-hour trading volume of REL is $4.98K. Volume is a live reading of how much REL changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for REL (REL)?
REL reached an all-time high of $0.0008001 on January 5, 2026, and an all-time low of $0.00004552 on April 21, 2026. It is currently trading -86.62% from its peak and +135.24% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where REL sits in its long-run price range.
What is the market cap of REL (REL)?
REL's market capitalization is currently $107.08K, and it is ranked #5880 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (999.99 million REL are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of REL (REL)?
The fully diluted valuation (FDV) of REL is $107.08K. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of REL compare against its peers?
Over the past 24 hours, REL has moved -20.26%. Over the past seven days, the change is +40.75%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether REL is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare REL against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store REL?
Like any crypto asset, the right way to store REL depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
