OGAudit Web3 Research: @RequestNetwork $REQ - The 9 Year Invoice Protocol That Processed $1B Without Anyone Noticing?
Request has been building the decentralised invoice and payment layer since 2017 founded by YCombinator alumni Christophe Lassuyt and Etienne Tatur:
- Anyone can create a payment request stored immutably onchain with automatic reconciliation eliminating third party processors like PayPal or Stripe, triple entry accounting replacing double entry systems and every invoice, receipt and payment tracked for real time accounting purposes. Request Finance has processed over $1 billion historically with Aleo private payroll becoming a top payment option within two months of integration.
- Cross chain expansion (Base, zkSync Era, 2–3 more chains in 2026), Aleo privacy payment upgrades for confidential transactions and enhanced developer documentation launched Q1 2026 expand the addressable market beyond Ethereum native users.
- The Request Fund backs ecosystem builders creating invoicing, payroll and DeFi analytics products on top of the protocol with quarterly governance votes allowing REQ holders to direct development priorities.
Is $1B+ in historical payment volume, private Aleo payroll integration, multi chain deployment and a deflationary burn model the 9 year infrastructure play that DeFi’s B2B payment moment finally validates or does a 92.6% ATH decline, $45M market cap after nearly a decade, $71K in total burns against $1B in processed volume and 32% weekly underperformance confirm that Request’s utility and REQ’s value accrual remain structurally disconnected?
Category: Payments / Infrastructure
Coin Name: $REQ
Circulating Supply: 796.69M
Market Cap: $42.72M
Market Cap Rank: #446
OG (Trust) Score: 42.80
OG Score Rank: #90/1125
Reviewed by 8 OG Auditors.
See the Social Audit with Reviews by crypto OG’s and more on the $REQ Coin page: ogaudit(.)com/crypto/request-req
https://t.co/WGXRwKwhGw
