TREE token surged over 100% to 0.61 USDT on August 28, following its listing on the MGBX exchange. The price later stabilized at 0.6 USDT. Treehouse, the protocol behind TREE, is a decentralized finance platform offering fixed income products. It has developed the Decentralized Offering Rate (DOR), a benchmark rate designed to provide transparent interest rates for decentralized applications.