Exchange TrueFi

tru Price Live Data

The live TrueFi price today is $ 0.16 usd with a 24-hour trading volume of $47 723 143 usd. We update our TRU to usd price in real-time. TrueFi is down -11.09% in the last 24 hours. The current coinmarketcap ranking is #280, with a live market cap of $189 626 768 usd. It has a circulating supply of 1 141 974 480 TRU coins and the max. Supply of 1 232 328 858 TRU coins.

What Is TrueFi (tru)?

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.