Tren Finance

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Tren Finance's governance or utility token carries a market capitalisation of 8,5 k $US based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (8,5 k $US) above the protocol's on-chain TVL (25,7 $US) — a mcap/TVL multiple of 329.59× implies investors are paying for expected future fee flows rather than current deposits alone.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Événements majeurs signalés par la communauté DeFiLlama — lancements de protocole, exploits, changements de gouvernance et programmes d'incitations.

1. Dec 24, 2024
   Listé sur DeFiLlama

Tren Finance is a CDP protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Arbitrum. The codebase has been independently audited (1 report on file).

Tren Finance is a single-chain protocol, deployed exclusively on Arbitrum — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (RedStone); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (8,5 k $US) currently exceeds total value locked (25,7 $US) — a mcap/TVL ratio of 329.59 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Tren Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Tren Finance is one of 7 CDP protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Sky Lending, USDD, Lista CDP, and 3 more. These peer protocols collectively secure 9,2 Md $US in deposits, giving you a frame of reference for whether Tren Finance's own TVL is at the top, middle, or tail of the category.

Sky Lending

TVL 7,4 Md $US · 24h -0.04%

USDD

TVL 563,6 M $US · 24h -12.33%

Lista CDP

TVL 422,5 M $US · 24h -0.11%

Avalon USDa

TVL 403,7 M $US · 24h -0.57%

Liquity V1

TVL 180,4 M $US · 24h +0.29%

Reservoir Protocol

TVL 166,9 M $US · 24h +15.44%