TrueFi

TrueFi

Uncollateralized DeFi lending protocol with on-chain credit scoring for institutions

Launch Year
2020
Consensus
Proof of Stake
Max Supply
1,448,224,413 TRU
Block Time
~12 seconds
TRU
TRU
TrueFi
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap TRU Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

TrueFi Price Chart

TRU / USD
Loading chart…
Data by CryptoCompare

About TrueFi

TrueFi (TRU) is an uncollateralized lending protocol enabling institutions to borrow crypto assets without posting full collateral, based on on-chain credit history and off-chain KYC. Borrowers (trading firms, market makers, DAOs) receive TrueRating — a score based on repayment history. Lenders deposit stablecoins into lending pools, earning higher yields than collateralized protocols because uncollateralized loans carry more risk. TRU holders stake to vote on loan applications and share in protocol revenue. TrueFi became a significant supplier of liquidity to crypto trading firms before the 2022 credit crisis.

History

2020
TrueFi launches first uncollateralized DeFi lending protocol
2021
TrueFi lends $1B+ to crypto trading firms; Alameda Research among borrowers
2022
FTX/Alameda collapse causes bad debt; TrueFi governance manages write-downs
2023
TrueFi pivots to portfolio lines and new borrower onboarding with improved vetting

How to Swap TRU

Swapping TrueFi (TRU) on SyntheticSwap requires no registration or KYC. TRU operates across multiple chains including Ethereum, making it compatible with MetaMask, Trust Wallet, Ledger, and most major Web3 wallets. Open SyntheticSwap, select TRU as your source or destination asset, enter your receiving wallet address, and confirm the floating rate. After sending TRU to the provided deposit address, the destination asset is delivered directly to your wallet. No personal information is ever collected — fully non-custodial.

How to Store TRU

TRU (ERC-20) is stored in MetaMask, Ledger, or any Ethereum wallet. TRU staking for governance and fee revenue is done through TrueFi's portal.

Frequently Asked Questions