Total dollar volume24H $16,076,096
High24H 0.09 USDT
Low24H 0.0815 USDT
Market Cap #326$109,904,856
FDV $111,872,210
Turnover rate 14.63%
Circulating supply 1,253,191,060
Total supply 1,275,623,829
Max supply 1,275,623,829
All time high date
Aug 12, 2021
Down from All time high -91.73%
Cycle low 0.0264 USDT
Cycle low date
Aug 17, 2023
Up from cycle low 232.20%
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.