Request REQ
Rank #544 by market cap
Last 7 days
CM Profile: Request
Cryptominium Profile. What we have established, measured and written about REQ, and what we have not.
- Measured
- Selling $100,000 of REQ on Ethereum returned 35.2% less than the quoted price, on 9 October 2026.
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold REQ. How each part is worked out
What it actually costs to sell REQ
Selling $100,000 of REQ returned 35.2% less than the quoted price — Severe. Measured 2026-10-09 on Ethereum.
What Request is
Request (REQ) is a utility token, launched in 2017, built to support the Request Network — an Ethereum-based decentralized payment system. The network lets anyone issue a payment request and receive funds without routing through a third party, aiming for a cheaper settlement path that works across currencies. The network's founders are named as Christophe Lassuyt and Etienne Tatur, who previously co-founded MONEYTIS; Tatur also worked as a lead developer at QOBUZ.
A user initiates a payment by creating a request specifying the recipient address and amount, optionally adding terms that turn it into an invoice. The counterparty can pay it in one click; because payments are push-generated rather than pull-generated, the payer never has to hand over account details. Every request is recorded on the network for accounting and audit purposes, and the system is described as built to align with trade legislation in different countries. REQ itself is spent to use the network, with transaction fees paid to miners, and a portion of the REQ fee is burned at a rate tied to supply and exchange rates. The token is an ERC-20 asset storable in standard Ethereum wallets, and its maximum supply is fixed at 999,983,984 tokens.
REQ is a payment-infrastructure token, not equity or a revenue-sharing instrument — holding it confers no claim on the network's fee income beyond the burn mechanism described. It first appears on record in October 2017 and today runs as an Ethereum-ecosystem asset also deployed on Polygon; CoinGecko groups it under Polygon Ecosystem, Ethereum Ecosystem and Payment Solutions. The compliance and legal-alignment claims in its own documentation are a design intent, not an independent legal certification. Its circulating supply changes over time as the fixed maximum is approached and tokens are burned, so any supply figure is a snapshot rather than a constant — only the maximum is fixed.
Where REQ lives
On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
Request data synced 5m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell REQ.