risk managerGauntletcomp.xyz
↓Compound Treasury Consolidation: Sources, Methodology and Framework
TUSD reserves from deprecated v2 are being withdrawn for treasury use, as markets no longer require reserves for liquidation or risk functions.
Overview
TrueUSD(TUSD)
Token Price$1
24h Change-0.21%
All Time HighAug 26, 2018$1.62
All Time LowMar 12, 2020$0.88
Key Metrics
Market Cap$493.15m
Fully Diluted Valuation$493.15m
Circ. Supply494.52m TUSD
Volume 24h$30.21m
CEX Volume$29.14m
DEX Volume$14.24m
Risks
How much debt can be issued against TUSD as collateral across lending protocols.
Maximum possible exposure to TUSD
$308.76
$0 (max additional borrows against TUSD) + $308.76 (bad debt if TUSD was hacked now)
Venus Core Pool
$308.76 at-risk exposure = $308.76 bad debt if hacked + $0 additional borrowable against TUSD
Methodology and limitations
Showing collateral exposure for TUSD on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for TUSD as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
TUSD0x14016e85a25aeb13065688cafb43044c2ef86784 | $0 | $1.5 | ||
TUSD0x40af3827f39d0eacbf4a168f8d4ee67c121d11c9 | $0 | $307.26 |
Risk Timeline
Risk-management actions published about TUSD by tracked risk managers and governance contributors, newest first.
risk managerGauntletcomp.xyz
↓Compound v2 Deprecation Phase 10
Borrow cap set below current supply to reduce effective borrowing capacity during v2 deprecation, aligning with efforts to wind down activity in favor of v3 markets.
risk managerLlama Riskllamarisk.com
↓Asset Risk Assessment: TrueUSD (TUSD)
TUSD exhibits significant transparency gaps in its custodial partners, reserves management, and ownership structure, with reserves moved to obscure offshore entities like a Bahamian bank and a Swiss institution lacking explicit protections for token holders. Exposure to the shuttered Prime Trust in June 2023 triggered a depeg to $0.80 on Binance US and attestation ripcords, while its role as a crvUSD Pegkeeper asset risks introducing unbacked crvUSD into circulation during a depeg, potentially creating protocol bad debt.
risk managerGauntletgovernance.aave.com
→Interest Rate Curve Changes for USDT and TUSD on Aave V2 Ethereum
TUSD shows delays in returning to optimal utilization, averaging 12.6 hours and up to 24 hours, increasing risk of hitting 100% utilization during demand spikes. Changes seek to encourage faster supply responses and make recursive borrowing profitable beyond the optimal point to reduce utilization.
contributor@monet-supplygovernance.aave.com
↓Reducing Risk from Long Tail Assets
TUSD faces adjusted liquidation thresholds down to 80% to mitigate broader exposure to bad debt scenarios triggered by low liquidity asset exploits.
contributor@monet-supplygovernance.aave.com
↑Adjusting Stablecoin Interest Rate Parameters on Aave V2 Ethereum
Borrow demand for TUSD has declined, leading to low utilization rates below equilibrium; lowering the optimal borrow rate to 3% and raising optimal utilization to 90% aims to improve market efficiency and welfare for both borrowers and suppliers by encouraging higher utilization without excessive volatility.
risk managerGauntletgovernance.aave.com
↑Aave V3 Ethereum: Initial Assets and Configurations
TUSD's stablecoin score highlights low volatility and liquidity strength, supporting its borrowable addition while deferring collateral enablement.
contributor@Seanforum.skyeco.com
↓Risk Core Unit Month in Review March 2022
The community decided to finalize the offboarding of TUSD via liquidations following prior discussions. The Risk Core Unit provided recommended parameters for TUSD-A to facilitate this process and reduce ongoing exposure.
Markets
Token Usage
An is required to view token usage.
Yields
Showing 10 of 34 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUSD(MIDASMAPOLLO)For LP | Maturity 24SEPT2026 | $2.83m | 7.62% | 7.62% | 7.88% | |||||
| open in new tabUSD(MIDASMAPOLLO)For buying PT-USD (Midas mAPOLLO)-24SEPT2026 | $2.83m | 7.15% | 7.15% | 7.05% | |||||
| open in new tabUSD(MIDASMHYPER)For buying PT-USD (Midas mHYPER)-24SEPT2026 | $829,244 | 8.94% | 8.94% | 7.42% | |||||
| open in new tabUSD(MIDASMHYPER)For LP | Maturity 24SEPT2026 | $829,244 | 8.58% | 8.58% | 8.58% | |||||
| open in new tabMTPOOL-USD | 🪂 | $828,271 | 6.06% | 6.06% | 7.79% | ||||
| open in new tabUSD(MIDASMROX)For LP | Maturity 30JUL2026 | $140,156 | 8.56% | 7.32% | 9.02% | |||||
| open in new tabUSD(MIDASMROX)For buying PT-USD (Midas mROX)-30JUL2026 | $140,156 | 5.83% | 5.83% | 4.77% | |||||
| open in new tabRUSDStabilityPool weETH | $73,299 | 4.91% | 5.05% | ||||||
| open in new tabRUSD | $1,777 | 20.42% | 20.42% | 22.06% | |||||
| open in new tabTUSD | $1,178 | 35.34% | 35.34% | 21.33% |
Page 1 of 4
Borrow
Showing 10 of 72 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabTUSD âžž USDC | $54.44m | 1.20% | 1.41% | -0.28% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž USDT | $44.96m | 1.16% | 1.41% | -0.34% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž WBTC | $6.61m | 1.50% | 1.41% | 0.12% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž WBTC | $5.88m | 1.40% | 1.41% | -0.02% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž WETH | $3.21m | 1.47% | 1.41% | 0.07% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž CRO | $2.66m | 1.18% | 1.41% | -0.31% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž CDCBTC | $2.19m | 1.47% | 1.41% | 0.08% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž LCRO | $1.55m | 1.14% | 1.41% | -0.36% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž CDCETH | $752,540 | 1.63% | 1.41% | 0.29% | 75% | $2.09m | $1.02m | ||
| open in new tabTUSD âžž ADA | $96,453 | 1.22% | 1.41% | -0.26% | 75% | $2.09m | $1.02m |
Page 1 of 8