About TREN Debt Token XY

Tren Finance is a DeFi protocol built to unlock liquidity from underutilized assets using isolated modules and its native stablecoin, XY. The protocol allows users to retain yield on their existing DeFi positions while borrowing against them as collateral. XY, formerly known as trenUSD, is a synthetic, dollar-denominated debt token issued by Tren Finance. As an overcollateralized stablecoin, it represents the debt within the Tren Finance ecosystem. Users can mint XY by providing various forms of collateral, such as LP tokens, money market deposits, and (re)staked positions, enabling them to unlock idle liquidity while maintaining their original yield-generating assets.

TREN Debt Token (XY) Price Data

TREN Debt Token (XY) price has decreased today.

TREN Debt Token price today is $0.9998 with a 24-hours trading volume up by 0.00%. XY price is down in the last 24 hours. It has a circulating supply is 124,655 XY coins and a total supply of 124,651.

What is the highest price for TREN Debt Token?

The all-time high price of TREN Debt Token is $1.0184 on Dec 31, 2024.

What is the lowest price for TREN Debt Token?

The all-time low price of TREN Debt Token is $0.9952 on Jan 6, 2025.