TrueFi TRU
1. Summary
Limited data
- 75% of the TrueFi code repositories are forked (originally copied) from another project.
- Price
-
$0.09 +14.9%
- Market Cap
- $117.18M (#490)
- Supply
- 1.26B / 1.28B
- Description
-
TrueFi is a decentralized finance (DeFi) protocol that provides uncollateralized lending services to institutions and individuals. Developed by the TrustToken team, TrueFi allows lenders to provide capital to borrowers at predictable loan rates without requiring collaterals. Its goal is to become a market-driven, automated credit rating and lending...
TrueFi is a decentralized finance (DeFi) protocol that provides uncollateralized lending services to institutions and individuals. Developed by the TrustToken team, TrueFi allows lenders to provide capital to borrowers at predictable loan rates without requiring collaterals. Its goal is to become a market-driven, automated credit rating and lending system in the long term, offering increased responsibility to users, especially for onboarding new borrowers and approving new loan types.
The protocol uses the symbol TRU and is governed by a decentralized autonomous organization (DAO). TrueFi has a long history, having originated over $1.5 billion in uncollateralized loans to trading firms and market makers during a previous crypto bull cycle. However, the protocol faced challenges in 2022 as crypto prices dropped, leading to loan defaults and a decline in its total value locked.
TrueFi has introduced several key features, including a tokenized U.S. Treasury offering and a real-world-asset-based (RWA) lending platform called Trinity. The Trinity platform allows users to borrow the TRI token by pledging tokenized real-world assets like the tfBILL token, and TRI holders can stake their tokens to earn yields from borrowing fees.
The protocol has been successful in attracting significant deposits from institutions and has a strong technical infrastructure in place to support its lending activities.
| Price | |
| 52W High price | $0.23 |
| 52W High date | 10th Jun 2024 (6 months ago) |
| All Time High (ATH) Date | 12th Aug 2021 (3 years ago) |
| ATH Price | $1.02 |
| % From ATH | -90.69% |
| All Time Low (ATL) Date | 23rd Dec 2022 (1 year ago) |
| ATL Price | $0.03 |
| % From ATL | 258.63% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $30.03M |
| Total Supply | 1.28B |
| Max Supply | 1.28B |
| Circulating Supply | 1.26B |
TRU
How does TrueFi's (TRU) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
13.8%
TRU
1.5%
Similar Market Cap
60 Day Return
-5.7%
TRU
0.6%
Similar Market Cap
1 Year Return
105.9%
TRU
10.5%
Similar Market Cap
We're monitoring 43 TrueFi GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All TrueFi Repos)
Commits vs. The Market
- Past 4 weeks: 1 commits vs. an average of 1
- Past 12 weeks: 1 commits vs. an average of 7
- Past year: 2 commits vs. an average of 104
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 19 |
| Past year | 552 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 8 |
| Past year | 299 |
| Past week | 9 |
|---|---|
| Past 12 weeks | 28 |
| Past year | 74 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 52 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 4 |
| Past year | 48 |
| Past week | 8 |
|---|---|
| Past 12 weeks | 32 |
| Past year | 32 |
Top Developers 2024
In total, 81 developers have contributed to TrueFi over the past year. Who are the most active TrueFi developers, by commits, over the past year?
Related Projects
Developers working on TrueFi also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | 17,867 |
| Active Discord Users | 532 |
| Telegram Users | 2,677 |
| Twitter followers | 83,012 |
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forum.truefi.io/t/tfip-22-tfbill-v2-grant-proposal-truefi-fee-switch-the-road-to-100m/1913 Official
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forum.truefi.io/t/tfip-22-tfbill-v2-grant-proposal-truefi-fee-switch-the-road-to-100m/1913 Official
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forum.truefi.io/t/tfip-22-tfbill-v2-grant-proposal-truefi-fee-switch-the-road-to-100m/1913 Official
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forum.truefi.io/t/tfip-22-tfbill-v2-grant-proposal-truefi-fee-switch-the-road-to-100m/1913 Official
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forum.truefi.io/t/tfip-22-tfbill-v2-grant-proposal-truefi-fee-switch-the-road-to-100m/1913 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/an-update-from-the-truefi-foundation-x-marks-the-spot/1915 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
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forum.truefi.io/t/tfip-17-extending-the-truefi-foundation-board-of-directors/1840 Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | http://truefi.io/ |
|---|---|
| Explorer | https://etherscan.io/token/0x4c19596f5aaff459fa38b... |
| @TrustToken |
What is the correct contract address for TrueFi?
| Ethereum | 0x4c19596f5aaff459fa38b0f7ed92f11ae6543784 |
|---|
Has TrueFi been audited for security?
No security audits found for this project.
Are you the owner of TrueFi? Edit it here
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