Active loans are not included in TVL by default, to include them toggle Active Loans. For more info on this click here.

Ask about TrueFi
Logo of TrueFiTrueFi(TRU)
Total Value Locked$21,730.71

TVL by Chain

Ethereum$21,663.62

Arbitrum$67.09

Key Metrics

Incentives 1y$0

$0

$0

$0

$0

Market Cap$1.25m

$TRU Price$0.001

All Time High$1.02

All Time Low$0.00053

View $TRU token page

$1.25m

$1.44m

$TRU Volume 24h$62,180

CEX Volume$56,846.76

DEX Volume$6,064.3(9.75% of total)

Staked$19,942.58(1.59% of mcap)

Active Loans$7.67m

Total Raised$12.5m

Aug 4, 2021$12.5mRound: Investors: BlockTower Capital, a16z, Alameda Research

Protocol Information

Earn high yields on stablecoin loans and borrow capital without collateral

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Competitors

Frequently Asked Questions

What is TrueFi's TVL?

TrueFi currently has $21,730.71 in total value locked. TVL has decreased <0.1% over the past 30 days.

What chains does TrueFi operate on?

TrueFi operates on 2 chains: Ethereum and Arbitrum. Ethereum holds the largest share at 99.7%.

What is the TRU token price and valuation?

TRU is currently trading at $0.001. Its circulating market capitalization is $1.25m, ranking it #3,213. Its fully diluted valuation is $1.25m. Supply currently stands at 1.257b circulating, 1.257b total supply.

How has TRU performed recently?

TRU is up 20.7% over the past 7 days and down 6.3% over the past 30 days. Its all-time high is $1.02, reached on Aug 12, 2021. The token is currently 99.9% below that level.

How does TrueFi's TVL compare to similar protocols?

Among Uncollateralized Lending protocols tracked by DefiLlama, TrueFi ranks #11 by TVL. The category holds $21.58m across 17 protocols, and TrueFi accounts for 0.1% of that total. Other leading protocols include Accountable, Union Protocol, Clearpool Lending, Pareto Credit, cSigma Finance, 3Jane Lending, Wildcat Protocol, Goldfinch, Credit Coop, and Ribbon Lend.

How much has been borrowed through TrueFi?

TrueFi currently has $7.67m in active loans.