Deep Dive
1. Elara Protocol Launch (Q4 2025)
Overview: TrueFi’s Elara protocol completed audits and finalized yield-distributing smart contracts, targeting a Q4 public launch.
The protocol’s codebase now supports automated yield distribution to lenders and borrowers, with mechanisms for risk-adjusted returns. Audits by third-party firms (details undisclosed) focused on economic logic and security.
What this means: This is bullish for TRU because it introduces a new revenue stream for lenders and could attract institutional liquidity. (Source)
2. Cyan Integration (October 2025)
Overview: TrueFi’s acquisition of Cyan enabled NFT-backed lending on HyperEVM, live since October 2025.
The integration allows users to collateralize Hypurr NFTs (a HyperEVM-native collection) for loans. Liquidity pools were pre-seeded to minimize slippage.
What this means: This is neutral for TRU – while it expands use cases, NFT lending remains a niche market. Adoption depends on Hypurr NFT demand. (Source)
3. App Overhaul (September 2025)
Overview: The TrueFi app’s front-end was redesigned in September 2025, adding real-time analytics for loan performance and risk metrics.
The update simplified deposit/withdrawal flows and added visualization tools for APY trends and default rates. No backend protocol changes were required.
What this means: This is bullish for TRU because improved UX could retain existing users and onboard newcomers despite bearish macro conditions. (Source)
Conclusion
TrueFi’s recent updates prioritize modular lending solutions (Elara), NFT collateralization (Cyan), and accessibility (app redesign). While technical strides are clear, TRU’s -89% annual price drop highlights adoption challenges. Will regulatory tailwinds from recent U.S. stablecoin bills accelerate institutional usage of these upgrades?