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Treehouse
DOR
Treehouse is a decentralized fixed income layer that issues tAssets like tETH and establishes the Decentralized Offered Rate (DOR) for benchmark rate setting. By depositing ETH or liquid staking tokens, users receive tETH, which earns yield while supporting reliable on-chain interest rates, making Treehouse a foundation for fixed income products in DeFi.
Risk Rating
Average
Protocol Code Quality
Protocol Maturity
Protocol Design
What is Treehouse?
Information
Exploit/Hacks
None
- Documentation
- Auditors
- Please see our FAQ on experienced auditors
Info
- Website
- Token: TREE
- Tags: DOR
Key Metrics
- TVL: $426.6M (Rank #64)
- TVL Ranking by DOR: #1
- Blockchain: Ethereum, Mantle, Avalanche
- Chain TVL
- Ethereum: $349.47M
- Mantle: $75.97M
- Avalanche: $1.15M
Risk Assessment
Average
Protocol Code Quality
- Code reviewed by at least one experienced auditor; Fuzzland, Trail of Bits and Sigma Prime
- Public team promotes accountability
- No documented protocol hacks since launch
Protocol Maturity
- Latest protocol version launched recently in 2025; maturity less than three months increases technical risk as smart contracts are not battle-tested
- Top 10% by total value locked reduces risk
- Requires members of a DAO to vote on-chain for approving contract upgrades
- Timelock is at least 48hrs, which provides users with sufficient time to exit if any malicious upgrades are approved
- Low voting power concentration reduces risk
Protocol Design
- This protocol is susceptible to risks related to yield optimizers which deploy custom strategies to automatically manage user funds
Things to know about Treehouse
Treehouse Pools
