About trUSD: trUSD is a synthetic dollar backed by trading positions, which is different from fiat-backed
stablecoins like USDC or USDT. Learn more in our Risk Disclosures.
What is Tori Finance?
Tori Finance is a yield protocol that brings institutional-grade, market-neutral yield strategies on-chain. For decades, the best risk-adjusted returns in finance have been locked behind geographic restrictions, accreditation requirements, and million-dollar minimums. Institutional trading desks and money market participants have run these strategies, but access has always been limited to the privileged few. Tori changes that. We’re bringing these time-tested strategies on-chain, making them accessible to anyone, anywhere, with any amount.Core Products
trUSD
The base synthetic dollarFully backed and audited. Swap anytime.
strUSD
The yield-bearing tokenStake trUSD to earn yield from institutional trading strategies.
The Problem We Solve
The stablecoin market exceeds $300 billion, yet most holders earn nothing on their assets. Existing yield options force users to make difficult tradeoffs:
Tori offers a different approach: market-neutral strategies that institutional traders have used for decades, now accessible on-chain with full transparency.
How Yield Is Generated
Unlike protocols that rely on a single strategy, Tori deploys capital across multiple market-neutral approaches in markets across the globe:Money Markets
Money Markets
Short-duration instruments in select global markets. Access to institutional money market rates that aren’t
typically available to retail participants. This is typically our largest allocation.
Futures Arbitrage
Futures Arbitrage
Capturing price differences between spot and futures markets. When futures trade at a premium to spot, the spread
can be captured as yield. This is one of the oldest arbitrage strategies in finance.
Calendar Spreads
Calendar Spreads
Trading mispricing between different contract expiry dates. Markets often misprice the relationship between
near-term and far-term contracts, creating opportunities for risk-adjusted returns.
How It Works
Getting started with Tori takes just a few minutes:1
Swap
Connect your wallet and swap USDC or USDT for trUSD. No verification required.
2
Stake
Convert trUSD to strUSD with a single transaction. Your position begins accruing yield based on current market
conditions.
3
Earn
strUSD accumulates yield automatically. The exchange rate between strUSD and trUSD increases over time as yield is
generated.
4
Unstake
When you’re ready to exit, request unstaking. There’s a 7-day cooldown period for liquidity management.
5
Exit
After the cooldown, swap your trUSD back to USDC or USDT.
What Makes Tori Different
Global Access Without Barriers
Traditional yield strategies require:- Accredited investor status
- $1M+ minimum investments
- Geographic restrictions
- Complex fund structures
True DeFi Composability
Unlike traditional funds that lock up your capital, strUSD is a liquid ERC-20 token that you own and control. This means you can:- Use strUSD as collateral in lending protocols
- Provide liquidity in DEX pools
- Transfer freely between wallets
- Integrate into any DeFi application
Transparent and Verifiable
Tori’s infrastructure is built for transparency:
All reserve data is independently verifiable at any time.
Institutional-Grade Custody
All assets are held in institutional-grade custody:- On-chain: Audited smart contracts with multi-signature controls
- Off-chain: Qualified institutional custodians with segregated accounts
- We only work with established, reputable counterparties
Understanding What You’re Using
To make informed decisions, here’s what you should know:
Like all DeFi products, Tori involves risk. We’ve designed multiple safeguards, but we encourage you to review our Risk Disclosures to understand what’s involved.
Quick Links
Get Started
Start earning in minutes
Strategy
How we generate yield
Security
Our security measures