Tori Finance Revolutionizes DeFi with Delta-Neutral Trading Strategies
Tori Finance is a decentralized finance (DeFi) protocol that allows users to bring delta-neutral trading strategies on-chain. Its core asset, trUSD, is a synthetic dollar collateralized by the protocol's trading positions and redeemable for USDC or USDT by eligible users.
The protocol enables users to stake trUSD to mint strUSD, whose exchange rate to trUSD reflects the performance of the underlying strategies. These strategies are designed to be delta-neutral, with no directional view on crypto prices, and any returns are variable, performance-based, and not guaranteed.
Tori Staked trUSD (STRUSD) has a total supply of $35.75M, with an all-time low of $1.008 and an all-time high of $1.011.