TrueFi tru
+ 0.58 % $ 0.03874748
$0.03823934 24H Range $0.04136612
Market Data
Price $ 0.03874748
Volume $ 3,737,370.00
Volume / Market Cap 0.1005
Supply
Circulating Supply 959,894,362.60
Total Supply 1,198,450,773.16
Max Supply 1,198,450,773.16
Valuation
Market Cap $ 37,193,486.00
Fully diluted market cap $ 46,436,946.00
TrueFi (tru) Price Chart
TrueFi (tru) Price Info
Timeframe Price Change(%)
1h -0.82%
24h 0.58%
7d 21.25%
14d 22.81%
30d 39.76%
1y -80.66%
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.
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