Truflation provides real-time, on-chain inflation data using decentralized infrastructure to ensure transparency and accuracy in financial metrics. This service addresses the lack of trust in official inflation statistics by offering independent, data-driven insights for decentralized finance (DeFi) applications.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional inflation data often lacks transparency and is subject to manipulation, leading to distrust in official economic statistics. This opacity hinders accurate financial modeling and decision-making, particularly within decentralized finance (DeFi) ecosystems that require reliable, tamper-proof data.
Solution
Truflation provides independent, real-time inflation data using a decentralized infrastructure to ensure transparency and accuracy. By indexing over 18 million items across 10 blockchains, Truflation delivers data-driven insights into various asset classes and economic indicators. This service aims to bridge the gap between real-world assets (RWAs) and DeFi by offering precise data feeds necessary for tokenizing off-chain assets and creating unique financial products. The platform enables next-generation investors to access reliable information for hedging, trading, and portfolio diversification.
Target Audience
The primary audience includes DeFi developers, investors, and traders seeking reliable, transparent inflation data for financial modeling, hedging strategies, and the creation of novel financial products based on real-world assets.
Features
- Real-time US inflation index updated daily
- RWA indexes for electric vehicles, gold futures, and other commodities
- Decentralized infrastructure ensuring data integrity and transparency
- Support for 10+ blockchains
- Access to over 18 million indexed items
- API access for developers building DeFi applications
- Truflation Stream Network for data providers and node operators