About TrueFi

TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.

Happening now

AI generated 3h ago

TRU surged ↗44% Sunday afternoon, leading DeFi category with explosive ↗56% daily gains.

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CA$0.007248

Trading Insights

Buyer Ratio

76%0%

Traders

215

186.67%

Buyers

164

993.33%

Sellers

115

79.69%

Searched

317

Market Stats

Market Cap

CA$10.73M

20.06%

FDV

CA$10.84M

Circ. Supply

1.4B TRU

Max Supply

1.5B TRU

Total Supply

1.4B TRU

Total Value Locked

CA$30.29K

Diluted Valuation

CA$10.80M

Performance

Popularity

#1,040

Dominance

0%

Volume (24H)

CA$43.90M

1,737.4%

Volume (7D)

CA$59.86M

Volume (30D)

CA$599.08M

All time high

CA$1.30

Price Change (1Y)

Not enough data

80.61%

Additional details

Market details

TRU vs markets

↘ 77.72%

TRU vs BTC

↘ 78.66%

TRU vs ETH

↘ 85.19%

Tags

defi

yield-farming

lending-borowing

real-world-assets-protocols

+1

Network & Addresses

Network
Address

Ethereum

0x4C19596f5aAfF459fA38B0f7eD92F11AE6543784

Price history

Time
Price
Change
Today
CA$0.007248
+21.35%
1 Day
CA$0.006206
+21.35%
1 Week
CA$0.00597
+25.58%
1 Month
CA$0.007043
+4.85%
1 Year
CA$0.03981
-80.61%

Coinbase insights

Happening now

AI generated 3h ago

TRU surged ↗44% Sunday afternoon, leading DeFi category with explosive ↗56% daily gains.


Market Position

Trading volume exploded ↗880% in 24 hours, outpacing struggling DeFi peers

Monthly gains of ↗35% significantly outperform DeFi category average ↘11%

Weekly rally of ↗60% places first in DeFi price rankings

Recent trends

The latest TRU price is CA$0.007248. Compared to TrueFi's value of CA$0.01 from 24 hours ago, there's been a 21% increase, while the current price is 26% up from CA$0.01 which was recorded one week ago. TrueFi's all time high is CA$1.30, which was reached on August 5, 2021. This is a -99% change from its price today.

The current circulating supply of TrueFi is 1,435,338,064. This is 99% of its max supply of 1,450,000,000 TRU and 99% of its total supply of 1,449,999,998. The market cap is currently CA$10.73M, which is a result of multiplying the current price of TrueFi(CA$0.01) by the total supply(1,449,999,998 TRU). The fully diluted valuation of TrueFi is CA$10.84M. The diluted valuation of TrueFi is CA$10.84M.

TrueFi had 164 buyers, 115 sellers and total 215 trades in the last 24h. TrueFi was searched 317 times in the last 24h.

FAQ

TrueFi is a unique protocol that seeks to establish interest-bearing pools with competitive APRs for liquidity providers. It's a system that aims to make credit more accessible, transparent, and programmable by bringing debt infrastructure on-chain. The native token of the TrueFi protocol is TrustTokens (TRU), which serves multiple functions within the ecosystem. TRU holders have the ability to rate credit for third parties, contributing to the creation of a permissionless credit system that operates purely through incentives. Essentially, TrueFi intends to construct a new credit system where TRU owners have part ownership.

TrueFi operates by utilizing its native token, TRU, in a variety of ways. TRU holders have the ability to rate credit for third parties, which contributes to the creation of a permissionless credit system. This system operates purely through incentives, with TRU holders having a say over who is a credible borrower in the prediction market. The protocol also rewards participants for maintaining stable, competitive APRs. In this way, TrueFi seeks to create a transparent and efficient credit infrastructure within the crypto space.

TrueFi aims to serve borrowers and PMs across multiple verticals, including "real-world" use cases and crypto-focused institutions. By bringing debt infrastructure on-chain, it strives to make credit more accessible and programmable. TRU, the native token of TrueFi, governs the protocol and is used to approve new managers and borrowers. This means that TRU holders have a role in shaping the protocol's direction and growth. The protocol also offers diverse opportunities for liquidity providers by creating interest-bearing pools with competitive APRs.

TrueFi is a protocol that was developed with the intention of creating a more transparent and accessible credit system within the cryptocurrency space. It uses its native token, TRU, to reward participants and give them a say in the protocol's governance. Over time, TrueFi has sought to maintain stable, competitive APRs for liquidity providers, and has aimed to serve a diverse range of borrowers and PMs across multiple verticals. The protocol's focus on transparency is evident in its commitment to allowing users to track every dollar loaned to borrowers in real time.

We update our TrueFi to CAD currency in real-time. Get the live price of TrueFi on Coinbase.

The current market cap of TrueFi is CA$10.731M. A high market cap implies that the asset is highly valued by the market.

The all-time high of TrueFi is CA$1.30. This all-time high is highest price paid for TrueFi since it was launched.

Over the last 24 hours, the trading volume of TrueFi is CA$43.90M.

Assets that have a similar market cap to TrueFi include Pikaboss, Zircuit, Lava Network, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of TrueFi is 1.4 billion.

TrueFi ranks 181 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 56% of Coinbase users are buying TrueFi. In other words, 56% of Coinbase customers have increased their net position in TrueFi over the past 24 hours through trading.

Yes, TrueFi is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy TrueFi guide.

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Social stats

Popularity in posts

#1296

Contributors

20

Posts

40

% About TrueFi

0.006%

Articles

1

X (Twitter)

63.16% bullish

Sentiment

4.6 ★

Highlights

20 unique individuals are talking about TrueFi and it is ranked #1,296 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, TrueFi has an average sentiment score of 4.6 out of 5. Finally, TrueFi is becoming less newsworthy, with 1 news articles published about TrueFi.

On Twitter, people are mostly bullish about TrueFi. There were 70.59% of tweets with bullish sentiment compared to 11.76% of tweets with a bearish sentiment about TrueFi. 29.41% of tweets were neutral about TrueFi. These sentiments are based on 19 tweets.

On Reddit, TrueFi was mentioned in 10 Reddit posts and there were 13 comments about TrueFi. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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