truefi

Binance will stop trading and delist Dego Finance (DEGO), DENT (DENT), and TrueFi (TRU) on April 28, 2026, at 11:00.Please note that Binance will not support the brand change of TRU and the token swap to Brila (BRLA). Users need to complete this through the project's channels by May 10, 2026, at 23:59 (UTC). Related spot, margin, contract, and financial products will also be removed or cease service accordingly.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, a suspected DWF Labs address received 7.5 million TRU distributed by the TrueFi project team 13 hours ago. According to the previous proposal, it was decided that DWF Labs would act as the market maker for TrueFi.According to the proposal, DWF Labs' market-making period is 24 months, with DWF providing an annual interest rate of 3%, paid every four weeks in stablecoins (USDT/USDC), with a market-making target of a 35 basis point bid-ask spread.

ChainCatcher news, according to Cointelgraph, the decentralized credit protocol TrueFi has launched the Trinity protocol, aimed at improving the capital efficiency of on-chain real-world assets (RWA). The new protocol will use the dollar-based TRI token, backed by collateralized assets, to make it easier for users to access leverage and hedge risks.

ChainCatcher news, according to CoinDesk, crypto market maker Wintermute repaid a total of $96 million in debt to the DeFi protocol TrueFi weeks after being hacked. The TrueFi loan is one of the largest known outstanding debts Wintermute has obtained from the DeFi lending platform. In April of this year, Wintermute secured an unsecured loan of $92 million from the TrueFi USDT loan pool, which is due on October 15. Transaction data on the blockchain data platform Nansen shows that Wintermute paid off the loan the day before the deadline.Previously, ChainCatcher reported that Wintermute lost $160 million in a DeFi hack at the end of September, at which time Wintermute had over $200 million in DeFi debt to several counterparties, including a $75 million debt to Maple Finance and a $22.4 million debt to Clearpool, in addition to the largest debt to TrueFi. (source link)

ChainCatcher news, the unsecured lending protocol TrueFi has issued a default notice, stating that the South Korean crypto investment firm Blockwater is in arrears on its loan of approximately $3.4 million, which accounts for about 2% of TrueFi's total outstanding loans. The TrueFi credit team has engaged in an out-of-court settlement with Blockwater's trustees, including a loan amendment to increase the borrowing interest rate and extend the maturity date.So far, Blockwater has made 8 payments totaling $645,405 towards the loan repayment, with $2,967,458 still due at the time of default. Further updates will be provided to the TrueFi community, and any actions requested by the TrueFi DAO will depend on the voting and approval of token holders. (source link)

Chain Catcher news, the unsecured lending product Ribbon's Lend from the DeFi platform Ribbon Finance has allowed crypto companies Folkvang and Wintermute to borrow over $10 million. The protocol went live on Monday and currently allows users to deposit approximately $15 million worth of USDC. Ribbon's foray into unsecured lending may indicate that the industry, led by companies like Maple Finance, Clearpool, and TrueFi, is heating up. (Source link)

ChainCatcher news, according to on-chain data, the hacked crypto market maker Wintermute owes several trading counterparties DeFi debts exceeding $200 million, after $160 million was stolen by hackers. The largest debt is a $92 million Tether (USDT) loan issued by TrueFi, which is due on October 15. Wintermute's loan book also includes a $75 million debt owed to Maple Finance and a $22.4 million debt owed to Clearpool.Wintermute CEO Evgeny Gaevoy stated on Twitter that the company is still solvent. (Coindesk)