what's TrueFi?
TrueFi is a decentralized finance (DeFi) protocol specializing in uncollateralized lending to institutional-grade borrowers. It employs a community-driven credit assessment model where TRU token holders act as guarantors, voting on loan proposals after due diligence by specialized underwriters. Approved loans are funded directly from lender deposits, with repayments routed through smart contracts on Ethereum. The TRU token powers governance, enabling holders to participate in decisions on protocol parameters, borrower approvals, and fee structures. Lenders deposit stablecoins to earn yields from borrower repayments, while the system mitigates risk through on-chain transparency, historical performance tracking, and guarantor incentives aligned via token staking and slashing mechanisms.
TRU experienced a $26.6M hack and 99.9% price decline, following $10M revenue in 2025.
Experienced a hack exploit resulting in $26.6 million in losses and a 99.9% price decline.
Generated $10.00M in revenue during 2025, ranking fifth among RWA protocols by revenue growth.
Lending pools were impacted badly by the falling dominos of 2022 collapses.
Project completed 2025 restructuring with system overhaul, tightened spending, recovered capital, and preparation for next protocol phase.
Cyan launches Buy Now Pay Later on HyperEVM for Hypurrs and Hypio NFTs with 25% down payment structure while preserving user custody, staking, and airdrop access.
Partnership with KeyringNetwork brings zero-knowledge verification to tfBILLS and upcoming credit vaults for secure, private on-chain access to tokenized assets.
Treasury funds are being deployed to bootstrap liquidity for Hypurr NFT lending on Cyan platform, expanding into NFT-backed lending for the Hyperintern ecosystem.
New blog post reveals 13.78% estimated CAGR for Direct Lending services.
Strategic investment in Cyan and incubation of Elara Finance announced, alongside major front-end overhaul and infrastructure upgrades planned.
New market maker Bastion Trading approved through governance proposal TFIP-25 to enhance TRU token liquidity.
TVL increases by over 400%, indicating substantial protocol growth.
TVL surges 424%, indicating major protocol growth.
New governance proposal TFIP-23 opens for voting Apr 7-10, requiring TRU token staking for participation.
Platform offers uncollateralized loans to vetted institutional borrowers, using both on-chain and off-chain data for credit checks.
Partnership with Cicada Credit who has underwritten $850M in crypto loans with 1.2% default rate, providing institutional uncollateralized lending.