Projects

TrueFi - Logo

TrueFi(TRU)

Standardized
Lending
Price
~$0.087
Live
ATH
$0.7375
3.3y ago
ATL
$0.0269
1.9y ago
Chains
Ethereum - Logo
1 chain

7d price+4.8%

30d price+13.8%

90d price-19.8%

180d price-46.7%

Learn more

What is TrueFi?

TrueFi is a non-custodial lending protocol built on Ethereum offering undercollateralized loans for verified borrowers. TrueFi was founded by Rafael Cosman and launched in 2020.

How does TrueFi work?

Liquidity providers deposit funds to the lending pool and receive a portion of the interest (supply-side fees).

Who governs TrueFi?

TRU tokenholders own and govern the protocol. They currently take a cut of the interest and an origination fee (revenue). TrueFi’s investors include a16z, BlockTower Capital, Alameda Research etc.
ExpensePool managers' share of the interest and origination fees$5Pool managersRevenueTrueFi's share of the interest and origination fees$10Connects Borrowers & LendersSupply-side feesLenders' share of the interest$90LendersFeesInterest and origination fees paid by borrowers$100Borrowers
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.