Many people discuss TREE using a time-sharing chart, but price is the result, not the cause. By placing supply (unlocking, distribution, holdings) - demand (real use of tAssets and DOR) - benchmark (TESR and other interest rate curves) - roadmap (cross-chain and derivatives) on one chart, the logic becomes clear: the more it is used and the more hedging/pricing scenarios there are, the stronger the intrinsic value leverage of the token.
I. The Current Market Situation and 'Static Metrics'
CMC's real-time page provides 'verifiable' metrics: price approximately $0.296, 24h trading approximately $438.5 million, circulating supply 156.1 million, FDV approximately $296.3 million, ranking #600. These five numbers together form the baseline for the market's 'temperature' and 'volume'; they will fluctuate, but the criteria are reliable and linked to exchange quotes. Treat this set of numbers as a 'header' and update it daily to avoid getting lost.
II. The Supply Side Must Be 'Cleanly Disassembled'
The research page publicly lists key information such as an initial circulating supply ratio of 15.6% (as of 2025-07-29), total investors 17.5%, HODLer Airdrop 12.5 million, Booster 20 million (7-month linear), etc.; it also provides various custody and functional address tags. This means any 'unlocking-inflow event' can be externally verified: by following address tags, observing actual outflow, and exchange deposit records, rather than just relying on rumor titles. The transparency of the supply side determines whether 'volatility is unexpected or anticipated.'
III. Demand Side: Write 'usage' into the curve rather than just slogans.
Demand is not shouted out; it is called forth. Treehouse's **four DOR curves (TESR/TEBR/TELR/EERR)** and tAssets (with tETH at the forefront) are the 'materialization' of demand:
DOR connects 'panel expectations - staking - penalties - aggregation - curve release' into a streamlined process and opens up queries for fees and governance;
tAssets turn 'excess returns' into composable certificates, which then enter broader DeFi through collateral and vaults.
The TVL and user count disclosed on the research page, and Dune dashboard metrics can continuously verify 'whether anyone is using it.' This type of 'verifiable usage' can extend the half-life more effectively than one-off marketing events.
IV. Create a closed loop linking 'benchmark interest rates - product design - hedging tools'.
When benchmark curves like TESR output stably, we can then launch forward rate agreements (FRA) and swaps (IRS), hedging 'floating rate exposure' to make lending and vaults more predictable. The roadmap on the research page clearly states that 'TESR FRA OTC market' will be the first to land; this step is crucial: once we have tools that can hedge, there will be real demand for fixed-rate lending and structured ticket interest, rather than just 'screenshots of high APY.'
V. Cross-Chain: Do not cross-chain for the sake of cross-chain; do it for the 'interest rate market'.
The roadmap does not pursue 'the more chains, the better,' but prioritizes expanding tETH to more Ethereum L2s and launching corresponding tAssets in suitable PoS ecosystems. The reason is straightforward: only with a systematic lending and LST market can interest rates have depth and thickness, and 'interest rate arbitrage' for tAssets will have a place. Writing the 'cross-chain list' as 'target ecosystem + existing lending/AMM/collateral support' in a three-column format can most effectively avoid the misunderstanding that 'cross-chain equals growth.'
VI. Collateral and Portfolio Degree: The 'availability' of tETH is being realized.
The research page clearly states: Aave and Compound have accepted tETH as collateral; this means users can not only earn ticket interest but also release liquidity into other strategies without selling their underlying assets. This type of 'portfolio degree' will create a magnifying effect on both ends: for users, it enhances capital efficiency; for protocols, it provides positive feedback on TVL and trading depth. Compiling 'number of collateral protocols/number of usable vaults/mainstream AMM depth' into monthly statistics can establish a stable foundational narrative.
VII. Capital and Brand Events: Financing, Airdrops, Activities, and User Composition
The timeline clearly outlines the strategic financing for Q2 2025 (valuation of $400 million), Gaia Airdrop, GoNuts Second Season, and tETH TVL milestones. Unlike many projects that 'only tweet,' these nodes mostly have verifiable internal and external pages (research pages, blogs, or Dune). Listing 'event - link - quantified impact (TVL/active/call curve changes)' in a table and updating only the new rows in each publication will naturally show readers 'how growth happens.'
VIII. Three Common Misunderstandings About TREE
1) Treat TREE as 'a purely mining token': TREE serves as a settlement chip in DOR's payments, staking, and consensus rewards, which differs from the old path of 'incentives equating to selling pressure'; its usage and curve calls are directly related; focus on calls, not just distributions.
2) Treat tETH as 'high-leverage LST': tETH's risk control is written into the white paper and is verifiable, including LTV safety boundary derivation, historical extreme playback, liquidity buffer, etc., and it is not the same as 'blindly stacking leverage'.
3) Treat TVL as the only metric: the fixed income track compares term structure and hedging depth; TVL is just one aspect; check TESR curve stability + FRA progress + collateral expansion weekly for more information.
IX. Interpreting 'Price Events' in the Context of the 'Supply and Demand Curve'
When concentrated unlocking/inflows/buybacks occur, first examine the allocation and address tags on the research page, then compare CMC's trading volume and depth, and finally observe whether DOR calls and tAssets TVL have synchronized changes. Only when 'supply shocks' do not drive 'demand and portfolio adjustments' can price declines potentially trend; otherwise, they are mostly phase fluctuations.
X. Data Criteria and Verification
Price/Circulation/Ranking/ATH-ATL: Based on the CMC real-time page;
tETH/tAssets TVL, user count, collateral support: primarily based on Binance Research project pages and Dune public dashboards;
Strategy and Risk Control Details: Based on tAsset white paper as the primary source;
Roadmap and Financing: Based on the research page timeline and official blog (the research page has already linked to the official source for easy reference).
(Clarify the 'causality')
The value of TREE is not in 'whether it has risen today,' but in how many protocols, strategies, and funds are willing to use it as a medium for fee settlement and governance after interest rates are standardized. When DOR calls rise, tETH collateral applications rise, and cross-chain tAssets expand, the price center will naturally be elevated. Create a regularly updated card for the supply-demand-benchmark-roadmap; your readers will quickly understand 'this is not just a hype cycle, but a pipeline.'
@Treehouse Official #Treehouse $TREE
