In TradFi, fixed income is the backbone — bonds, benchmark rates, predictable returns.
In DeFi, we barely have any of that. It’s all trading, variable rates, and chasing yields.
@Treehouse Official Protocol, built by Treehouse Labs, is trying to change that. They’re building the rails for fixed income on-chain — so DeFi can finally have products with stable, predictable cash flows like the big leagues.
How It Works
They’ve got two main building blocks:
1. tAssets
These are tokenized, yield-bearing assets you can actually use across DeFi.
Example: tETH — it combines ETH staking + lending yields into one liquid token. You hold it, you earn, and you can still put it to work.
2. Decentralized Offered Rates (DOR)
This is a decentralized benchmark for interest rates.
Instead of trusting one source, multiple panelists submit rates, the network finds consensus, and you get a transparent on-chain rate everyone can use to settle fixed-income products.
Why It Matters
Right now, without a trusted rate benchmark, building real fixed-term products in DeFi is messy.
With tAssets + DOR, you can finally have:
Fixed-term lending with predictable payouts
Callable yield products
Interest rate swaps & swaptions
Proper hedging tools for yield spreads
Basically, the same instruments that make TradFi tick — but open, permissionless, and composable.
The TREE Token
Their native token, TREE, runs the show:
Governance for protocol changes
Incentives for rate panelists and liquidity providers
Collateral for securing the rate consensus (with slashing if you cheat)
It’s early days, so TREE’s value will live and die by adoption — especially how widely tAssets get integrated.
The Road Ahead
Treehouse wants to:
Expand tAssets beyond ETH
Integrate with major DeFi lending markets
Grow the DOR panel for stronger decentralization
Roll out more structured yield products
Bottom line: If they pull this off, Treehouse could give DeFi a fixed-income market that feels just as deep and reliable as TradFi — but 100% on-chain.