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.
  
            What is the highest value TREN Debt Token (XY) has ever reached?
          
 TREN Debt Token (XY) reached its peak price at 1.063 $ on 03 February 2025, approximately 9 months ago ago. Presently, the current price is -8.81% lower than this all-time high.
 
            What is the historical minimum price for TREN Debt Token (XY)?
          
 The minimum price reached for TREN Debt Token (XY) was 0.9533 $, documented on 19 January 2025, more than 10 months ago. In comparison, the current price is 1.67%, it above this historical low.
 
            What is the fully diluted valuation of TREN Debt Token (XY)?
          
 The fully diluted valuation (FDV) of TREN Debt Token (XY) stands at $ 4,438.53. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of  XY tokens. The realization of this FDV might take several years depending on the emission schedule of XY tokens.