TruFin Staked MATIC
TRUMATIC
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TRUMATIC (TruFin Staked MATIC) is a liquid staking receipt token representing staked MATIC within TruFin's TruStake vault. Following Polygon's network upgrade from MATIC to POL, TruFin initiated a migration from TruMATIC to TruPOL, effectively rendering TRUMATIC a deprecated asset where active development has ceased in favor of its successor (Active Development data was insufficient due to this migration). The project demonstrates solid security practices and audit pedigree, with reviews from Zokyo, Nethermind, and OpenZeppelin, along with no recorded exploits, hacks, or insolvencies. However, TRUMATIC suffers from near-zero secondary market liquidity, an inactive holder base of just 27 addresses, institutional KYC gating, and centralized governance lacking DAO participation. Because the token has been deprecated and migrated to TruPOL, investors should avoid TRUMATIC.
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About TruFin Staked MATIC (TRUMATIC)
TruFin Staked MATIC (TRUMATIC) is a deprecated liquid staking receipt token that migrated to TruPOL following Polygon's network upgrade from MATIC to POL. Issued by the TruFin Protocol on the Polygon blockchain, TRUMATIC was designed as an ERC-20 token representing MATIC deposited into TruFin's TruStake vault (TruStakeMATICv2). The protocol employed an elastic supply mechanism to distribute liquid staking yield directly to depositors while requiring institutional AML and KYC onboarding.
Following the migration to TruPOL, active development on TRUMATIC has ceased. The smart contract architecture underwent multiple third-party security audits, including evaluations by Zokyo, Nethermind, and OpenZeppelin, alongside an Immunefi bug bounty program. Historical security reviews identified high- and medium-severity findings, though no exploits, hacks, or contract-level insolvencies have been recorded for the vault.
TRUMATIC currently exhibits a dormant operational status characterized by an extremely small holder base, centralized permissioned governance with no decentralized autonomous organization (DAO) voting mechanisms, and virtually non-existent secondary market liquidity. Because the underlying protocol has formally shifted support to TruPOL, TRUMATIC remains inactive.
