From the early financing stage, Treehouse has received continuous favor from capital—accumulating millions of dollars in funding through Pre-Seed and Seed rounds, laying the foundation for product development and ecological construction in the early stages of the project. In the 2025 Series A financing, its valuation jumped directly to $400 million, which stands out particularly against the backdrop of a 'lackluster market and scarce hot spots' in the crypto market at that time: it not only breaks the industry norm of 'difficult financing and shrinking valuations' during a bear market but also releases a key signal—capital markets are voting with real money for the long-term value of the DeFi 'fixed income track.'
To understand the significance of this round of financing, one must first recognize how important the track targeted by Treehouse is. In the traditional financial sector, the fixed income market has long been a 'ballast stone': with a scale reaching trillions of dollars, covering diverse categories such as bonds, bills, and repurchase agreements, over 60% of institutional investors' portfolios are allocated to fixed income assets—the core logic being 'controllable risk and stable returns,' which are essential tools for asset preservation and cash flow planning.
However, the DeFi industry has developed to this point without such a 'base layer fixed income market': previous DeFi yield products either relied on high-risk liquidity mining (with large yield fluctuations and susceptibility to market shocks), had high operational thresholds (requiring frequent protocol switching and APY calculations), or lacked standardization (with differing yield rules and asset confirmation logic across platforms), making it difficult for both institutions and ordinary users to 'safely allocate' like in traditional fixed income. Treehouse's core strategy is to transfer this mature 'fixed income system' from traditional finance to the blockchain—achieving 'yield transparency' through tAssets (tokenized staked assets), and 'rule standardization' through DOR (interest rate protocol), filling the critical gaps in the DeFi ecosystem.
The continuous investment of capital is essentially a dual recognition of the 'ceiling of the track + the project’s implementation capability.' On one hand, the trillion-dollar scale of traditional fixed income means that the potential space for on-chain conversion is large enough; on the other hand, Treehouse is not just at the 'concept stage': by 2025, its Total Value Locked (TVL) reached $550.9 million, with over 66,000 users, and product performance with tETH staking annualized at 5% and Gas fees at only $0.01 has validated the feasibility of 'on-chain fixed income.' This state of 'strategic, implementable, and data-driven' makes capital willing to believe that Treehouse is not an experimental project for short-term speculation, but a potential infrastructure that can support the long-term development of the DeFi fixed income ecosystem.
For ordinary investors, this round of financing is more like a 'market anchor point' signal. In the crypto market, 'bear market financing' itself carries a filtering significance—when most capital retracts and only dares to invest in leading mature projects, there are still funds willing to pay a $400 million valuation for Treehouse. The core message conveyed is that Treehouse's value does not depend on short-term market conditions, but rather on long-term logic based on 'solving real industry needs.' Especially for investors focused on $TREE, a sales rate as low as 6 combined with capital endorsement not only reduces the project's 'uncertainty risk' but also suggests its growth potential matching the 'trillions of dollars on-chain fixed income market.'
From Pre-Seed to Series A, Treehouse has gained not only funds but also the consensus of the capital market on 'DeFi's need for fixed income infrastructure.' As it subsequently expands to Solana and promotes institutional collaboration, this attempt to 'move traditional fixed income on-chain' may fundamentally change the asset allocation logic in DeFi—while the $400 million valuation may just be the starting point of this trillion-dollar track story.
@Treehouse Official #Treehouse $TREE
