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Tori Finance

Tori Finance

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Tori Finance issues trUSD, a delta-neutral synthetic dollar backed by institutional market-neutral trading, and strUSD, its yield-bearing staked wrapper.

StablecoinEthereumTVL: $70.6MLast updated: Oct 13, 2026
Risk Rating
BB
Safety Score
63

Risk Profile Overview

Overall Rating
(63/100)
Learn about our rating methodology

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Live signals detected by Sentinel monitors across all five risk classes.

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Score history

Re-checked monthly+2 since Aug 2026

This rating is re-checked every month. A point is recorded for every check, so a flat line means we looked and nothing moved. Hover anywhere on the chart to see what moved that month, and by how much.

68
62
55
Aug 2026SepOct

The Problem

Over $300B of stablecoins earn holders nothing, and existing yield options force tradeoffs: T-bill wrappers cap at ~4% and often need KYC, crypto basis yields are volatile and can go negative, and credit protocols carry default risk.

The Solution

Tori runs institutional market-neutral strategies (money markets, futures arbitrage, calendar spreads) on-chain, packaging the returns into a permissionless synthetic dollar (trUSD) and a yield-bearing staked token (strUSD) with real-time proof of reserves.

Why it Matters

Unlike pure crypto perp-basis synthetic dollars, Tori's largest allocation is off-chain money-market / FX-hedged carry, aiming for yield less correlated to crypto funding-rate cycles.

Protocol Metrics

TVL Trend
$70.65M

Related Research

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No related analysis articles found for Tori Finance.

Frequently asked questions about Tori Finance

What is Tori Finance?+

Tori Finance is a Stablecoin protocol operating on Ethereum. Tori Finance issues trUSD, a delta-neutral synthetic dollar backed by institutional market-neutral trading, and strUSD, its yield-bearing staked wrapper.

How does Tori Finance work?+

Tori runs institutional market-neutral strategies (money markets, futures arbitrage, calendar spreads) on-chain, packaging the returns into a permissionless synthetic dollar (trUSD) and a yield-bearing staked token (strUSD) with real-time proof of reserves.

Is Tori Finance safe?+

DeFi Sentinel rates Tori Finance BB with a safety score of 63/100, indicating elevated risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Tori Finance has 2 audits on record. DeFi Sentinel's analysis flagged 2 high, 8 medium, 4 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization, Sustainability & Competitive Position and Reputation & Social Trust. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.

What is the safety score of Tori Finance?+

Tori Finance has a DeFi Sentinel safety score of 63/100 (rating BB), last updated October 13, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).

Which chains does Tori Finance support?+

Tori Finance is deployed on Ethereum.

Has Tori Finance been audited?+

Yes. Tori Finance has 2 audit reports on record from firms including Nethermind, Sherlock. Audit reports and dates are linked under the Resources tab on this page.