TrueFi

TRU Price

What is TrueFi?

It is a DeFi uncollateralized lending protocol developed by the TrustToken team. Lenders can borrow cryptocurrencies with predictable loan rates without the need to pledge collaterals like Aave, Compound, and Venus. In the long term, TrueFi aims to become a market-driven, automated credit rating and lending system. This will demand building beyond the rigid, conservative constraints such as minimum/maximum APY and high TRU participation factor. It will also require increased levels of responsibility from users, especially for onboarding new borrowers beyond the pre-approved whitelist and approving new loan types.

What is the TRU token?

TRU is the native token for the TrueFi protocol that is used for governance and staking.

What is the vision of the TrueFi protocol?

TrueFi’s goal is to become the ultimate protocol for uncollateralized lending. To get there, TrueFi must advance in four key ways:

1. Expand the set of borrowers
2. Expand the types of loans
3. Improve the efficiency of the Credit Prediction Market
4. Progressively decentralize, to put these types of decisions into the hands of TrueFi users

Where can you buy TrueFi?

TRU tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade TrueFi is Uniswap V2 (Ethereum), where the most active trading pair TRU/WETH has a trading volume of $660.68 in the last 24 hours. Other popular options include Kraken and Uniswap V4 (Ethereum).

What is the daily trading volume of TrueFi (TRU)?

The trading volume of TrueFi (TRU) is $9,022.61 in the last 24 hours, representing a -45.20% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for TrueFi (TRU)?

TrueFi (TRU) reached an all-time high of $1.02 and an all-time low of $0.0005303. It’s now trading -99.90% below that peak and 80.90% above its lowest price.

What is the market cap of TrueFi (TRU)?

Market capitalization of TrueFi (TRU) is $1,205,687 and is ranked #2843 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TRU tokens (1.3 Billion tokens are tradable on the market today).

What is the fully diluted valuation of TrueFi (TRU)?

The fully diluted valuation (FDV) of TrueFi (TRU) is $1,205,687. This is a statistical representation of the maximum market cap, assuming total number of 1.3 Billion ETH tokens are in circulation today.

How does the price performance of TrueFi compare against its peers?

With a price increase of 9.60% in the last 7 days, TrueFi (TRU) is outperforming the global cryptocurrency market which is down -0.20%, while outperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 0.80%.

How to add TrueFi (TRU) to MetaMask?

Adding TrueFi (TRU) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TRU as a token. You can copy TRU’s contract address (0x4c19596f5aaff459fa38b0f7ed92f11ae6543784) and import it manually, or if you've installed MetaMask's chrome extension, add TRU to MetaMask with one click on CoinGecko.

Add TRU to MetaMask.