Users deposit ETH or AVAX into Treehouse and receive yield-bearing liquid staking tokens (tETH, tAVAX) that earn enhanced staking returns via interest rate arbitrage strategies deployed across lending protocols.

Treehouse is a decentralized fixed income protocol built on Ethereum, Arbitrum, Avalanche, and Mantle. It issues tAssets (tETH, tAVAX) — liquid staking tokens that optimize yield by arbitraging interest rates across DeFi lending markets. Treehouse also publishes DOR (Decentralized Offered Rates), an on-chain benchmark rate system.

TREE tokenholders own and govern the protocol. Treehouse's investors include various DeFi-focused funds.

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# Circulating supply Methodology

## Overview

Circulating supply measures the number of tokens that are currently available for trading on the open market. It excludes tokens that are locked, unvested, or held in the project’s own treasury.

Number of tokens currently available for trading on the open market.

Treehouse FinanceTREE

Circulating supply

Circulating supply

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