iExec RLC is the token that pays for confidential computing on the iExec network, and it closed 5 October 2026 up 99.03% at $0.7242 on CoinMarketCap. The protocol runs apps on data they never see inside Intel TDX enclaves, and RLC pays for and stakes every run on Ethereum and Arbitrum.
The doubling came on 173 times the previous day's trading. CoinMarketCap recorded $142.7 million of RLC volume on 5 October against $823,500 on 4 October, and the on-chain pools handled about 0.11% of it. The project's blog lists no post after 23 July 2026 when read on 6 October, so no team announcement dates the move.
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iExec at a Glance
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Detail
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The token
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ERC-20 on Ethereum since April 2017, bridged to Arbitrum
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Supply
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86,999,784.99 RLC (215 burned, no mint function)
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5 Oct close
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$0.7242 on CMC, +99.03% on the day
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Volume on 5 Oct
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$142.7M, 173 times the 4 Oct volume
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On-chain share
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About 0.11% of the 5 Oct volume
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On Phemex
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Both RLC pairs delisted (product list, 6 Oct)
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What Is iExec RLC?
iExec RLC is the native token of iExec, a confidential-computing network running since 2017, and its token contract went live on Ethereum that April. The project's site describes PoCo as a protocol that lets applications "be ordered, executed and paid for on data they never see".
The token's job is narrow. The RLC token page in the project's docs says "Every confidential computation requires RLC", and it says the same of every protected dataset consumed and every app run.
Searches for RLC coin also turn up RLC circuits in electronics, the Hot Wheels Red Line Club and Robinsons Land Corporation, which share the letters and nothing else.
For years the network ran its tasks on its own Bellecour sidechain. A June 2026 post on the Bellecour sunset set 2 July 2026 as the day the RLC bridge to Bellecour would close. The protocol's contracts run on Arbitrum, the Layer 2 scaling network for Ethereum and on Ethereum itself.
Why Is iExec RLC Trending?
RLC closed 4 October at $0.3638 and 5 October at $0.7242 on CoinMarketCap, a 99.03% gain in one daily bar. At that close the 87.00 million tokens in circulation were worth about $63.00 million.
Volume rose far faster than the price. CoinMarketCap logged $142.7 million of RLC trading on 5 October, 173 times the $823,500 traded on 4 October. GeckoTerminal's daily bars put the on-chain part at about $162,000 across six pools, so nearly all of the crypto trading volume that moves price ran through centralized order books. That split is normal for RLC, whose pools took about 0.15% of the 4 October volume.
CoinGecko's hourly prices date the start of the climb. RLC traded at $0.3841 at 09:00 UTC on 5 October and at $0.4299 an hour later. It stood at $0.4897 at 11:00 and $0.6507 at 18:00, and CoinGecko put the day's close at $0.7269.
Search interest in iExec RLC crypto followed the price, and on 6 October RLC ranked first on both CoinGecko's trending list and CoinMarketCap's top-search list.
What the record lacks is a reason. The project's blog index showed nothing newer than a 23 July 2026 post on its Nox protocol when read on 6 October. That's more than ten weeks without a blog post before the first hourly jump.
How Does iExec Work?
The machinery is a protocol the project calls PoCo, short for Proof of Contribution. It matches compute supply and demand onchain, runs each task inside a hardware-secured enclave and checks the result against a consensus of independent workers.
Those enclaves come from Intel's TDX technology. Developers ship code as iApps that run inside a TDX enclave on an independent worker, and the code can compute with the data without ever reading it. If you own data, you encrypt it once with DataProtector and then grant or revoke access app by app.
RLC moves at every step of a job. A task's payment splits between the app provider, the data provider and the worker who ran it. To run a task you lock RLC in the protocol and receive sRLC, the staked version, then recover whatever the task didn't consume.
Workers stake to contribute, consensus confirms their results, and payment settles in RLC.
iExec RLC Tokenomics
RLC's supply has only shrunk since 2017. The contract's constructor minted 87,000,000 RLC in April 2017, and an on-chain read on 6 October put total supply 215 RLC below that, the amount holders have burned.
The contract has no mint function and no freeze or blacklist, and any holder can burn their own tokens. Its owner's only power over the token was a one-way switch that opened transfers, and the code has no way to close them again.
The docs add that "The entire circulating supply of RLC has already been minted" and that no token unlocks or private allocations are pending. About 65,100 RLC sat on Arbitrum on 6 October as bridged tokens, part of the same supply.
Ethereum holder data read on 6 October counted about 26,760 holders, and the 10 largest wallets held 54.41% of supply. Two of the three largest are Safe multisignature wallets holding 12.81% and 8.91%, and neither sent any RLC on 5 October. Neither address appears on the Important Addresses page of the project's docs, so this page doesn't call either one a treasury.
The demand side has a plan on paper. A 1 April 2026 post on the project's Confidential Token says protocol revenue "is partially converted into RLC on the market through an automated buyback mechanism" as usage grows. That post promised fuller RLC tokenomics before a mainnet launch set for later in 2026, and it showed the product only as a demo on Arbitrum Sepolia.
How to Buy iExec RLC Safely
Phemex delisted its RLC/USDT spot pair on 15 September 2026, and its product list on 6 October shows both of its RLC markets as delisted. What happens when a coin is delisted covers what that means for RLC held there, and Phemex's iExec RLC price page still tracks the token.
Away from Phemex, the route with the fewest traps is the one the project's own docs map out.
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Copy the Ethereum contract, 0x607f4c5bb672230e8672085532f7e901544a7375, from the docs' Important Addresses page and check that your wallet shows the token with 9 decimals.
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On Arbitrum the official token is 0xe649e6a1f2afc63ca268c2363691cecaf75cf47c, the bridged RLC listed on the same page and traded in the pool the docs link for that chain.
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Trade in the two pools the docs link on Uniswap, the decentralized exchange, the 1% RLC/WETH pool on Ethereum and the 0.3% RLC/WETH pool on Arbitrum.
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Ignore any token that only borrows the name, because DexScreener's search on 6 October found four tokens on Base using the iExec RLC name. Their pools opened between 19:52 UTC on 5 October and 10:18 UTC on 6 October, and one of them reported more liquidity than every genuine RLC pool combined. CoinGecko also lists RLC contracts on Energi and Sora, and the docs' address page lists neither.
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Check the pool's depth before a large order, because the main Ethereum pool held about $421,000 on 6 October and a big trade pays for its size in slippage.
What Are the Risks of iExec RLC?
The On-Chain Market Is Small
Every RLC pool GeckoTerminal tracks held about $540,000 between them on 6 October, against $142.7 million of trading on 5 October. That depth is all the market you have outside centralized order books, and a guide to what a liquidity pool is explains why a thinly funded pool means more slippage.
No Announcement Stands Behind the Move
The blog's newest post predates the spike by more than ten weeks, so anyone who bought on 5 October bought a move the project's blog never explained.
Two Wallets Hold a Fifth of Supply
The two Safe wallets together hold 21.72% of supply, about 18.90 million RLC, and their owners aren't named in any project document this page read.
Copies Trade Under the Same Name
The four Base tokens named iExec RLC all appeared within a day of the spike, and a search by ticker shows them beside the real token.
The Arbitrum Bridge Can Be Paused and Upgraded
RLC reaches Arbitrum through a Stargate bridge built on LayerZero, and the project's RLC bridge documentation lists an upgradeable design and an emergency pause among its features. The same page says Halborn audited the bridge code.
Is iExec RLC a Good Investment?
It depends on usage turning into demand for RLC, and the 5 October data doesn't show that link.
For a doubled price to hold, more confidential computing would need to run through the protocol and pay in RLC. The buyback described in April would also need to go live with its mainnet. The project's site counts more than 100 apps deployed and over 1.2 million TEE transactions, figures it reports about itself.
The dated data shows a fixed supply with nothing left to unlock, so dilution is off the table. It also shows a fifth of supply in two wallets and almost all trading away from the chain. On 5 October the price moved with no usage figure or project post to explain it, and that's the gap you'd be betting on if you bought at that price.
Frequently Asked Questions
What is RLC crypto?
RLC is the token of iExec, a confidential-computing protocol that has run since 2017. It pays for app runs and protected data on Ethereum and Arbitrum, and its whole supply of 87 million was minted in April 2017.
Why did the RLC price jump?
RLC closed 5 October 2026 up 99.03% on CoinMarketCap on 173 times the previous day's volume, almost all of it off-chain. The project's blog showed no post after 23 July 2026 when read on 6 October, so the team dated no cause.
Can you buy RLC on Phemex?
Phemex delisted its RLC/USDT spot pair on 15 September 2026, and its product list on 6 October shows both RLC markets as delisted. Its iExec RLC price page still tracks the token for anyone following the price.
Does RLC have any token unlocks left?
The project's docs say the entire circulating supply of RLC has already been minted and that no token unlocks are pending. The contract also has no mint function, and holders have burned 215 RLC since 2017.
Is iExec RLC a good investment?
RLC's case rests on paid usage of the protocol, which the 5 October rally didn't show. The supply is fixed, but two wallets hold 21.72% and the on-chain pools held about $540,000 on 6 October, so concentration and liquidity carry the risk.
Bottom Line
RLC's doubling happened almost entirely away from the chain it lives on. The on-chain pools traded about $162,000 on 5 October, while the rest of the market traded about 880 times as much. Until paid usage shows up as on-chain demand for RLC, the price a wallet buyer pays is one set on centralized order books.
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Disclaimer: This article is for informational purposes only and is not financial advice. Cryptocurrency trading involves substantial risk. Always do your own research before making investment decisions.
