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About TrueFi
TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.
Trading Insights
Searched
11
Market Stats
Market Cap
£1.67M
51.54%
FDV
£1.95M
Circ. Supply
1.2B TRU
Max Supply
1.5B TRU
Total Supply
1.3B TRU
Total Value Locked
£10.25K
Diluted Valuation
£1.01M
Performance
Popularity
#1,464
Dominance
0%
Volume (24H)
£385.92K
29.1%
Volume (7D)
£2.62M
Volume (30D)
£12M
All time high
£0.6926
Price Change (1Y)
Not enough data
94.11%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of TrueFi has increased by 1.09% in the last hour and decreased by 16.99% in the past 24 hours. TrueFi’s price has also risen by 123.46% in the past week. The current price is £0.0007956 per TRU with a 24-hour trading volume of £385.92K. Currently, TrueFi is valued at 99.89% below its all time high of £0.6926. This all-time high was the highest price paid for TrueFi since its launch.
The current circulating supply of TrueFi is 1,242,359,041.341 TRU which means that TrueFi has as total market cap of £1,669,664.90.
Market details
TRU vs markets
↘ 90.09%
TRU vs BTC
↘ 89.39%
TRU vs ETH
↘ 89.02%
Tags
defi
yield-farming
lending-borowing
real-world-assets-protocols
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x4C19596f5aAfF459fA38B0f7eD92F11AE6543784 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0007956 | |
1 Day | £0.00162 | |
1 Week | £0.0006086 | |
1 Month | £0.001534 | |
1 Year | £0.02313 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#2149
Contributors
2
Posts
4
% About TrueFi
0.001%
Articles
0
X (Twitter)
100% bullish
Sentiment
5.0 ★
Highlights
2 unique individuals are talking about TrueFi and it is ranked #2,149 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, TrueFi has an average sentiment score of 5.0 out of 5. Finally, TrueFi is becoming less newsworthy, with 0 news articles published about TrueFi.
On Twitter, people are mostly bullish about TrueFi. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about TrueFi. 0% of tweets were neutral about TrueFi. These sentiments are based on 1 tweets.
On Reddit, TrueFi was mentioned in 0 Reddit posts and there were 0 comments about TrueFi. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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