What Is TRP? An Overview of the Tronipay Project
TRP, short for Tronipay, is a cryptocurrency that runs on the Ethereum (Ethereum) platform. The project was launched by Tronipay, a Brazilian fintech company, with the core vision of providing convenient online payment solutions for merchants worldwide.Tronipay aims to integrate local payment methods through a set of APIs, helping international merchants receive payments and process settlements more efficiently. The TRP token is designed to serve as a medium for faster and more secure merchant payments.
Tronipay’s Initial Coin Offering (ICO) took place from February 25, 2019, to April 30, 2019.
TRP Token Economics and Market Performance
According to public information, the total supply of TRP tokens is 46,311,853 TRP. However, as of this writing, some data indicate that its circulating supply is 0 TRP, meaning there are very few or no tokens available for trading on the market. This situation directly impacts its market performance and liquidity.
As of July 19, 2026, the price of TRP was approximately $0.0001809. Its 24-hour trading volume is listed as N/A or $0.00, indicating virtually no recent trading activity.As a result, TRP’s market capitalization is also shown as $0.00, indicating very low market recognition.Historical data shows that TRP once reached an all-time high of approximately $2.37, but its current price has fallen sharply to near an all-time low (approximately $0.00002769). Investors can check the latest price and trading data for TRP on market platforms such as Svmuu, but should be aware of its extremely low liquidity.
Where can TRP be traded?
Given TRP’s extremely low circulating supply and near-zero trading volume, its actual tradability in the market is very limited. Although some cryptocurrency platforms have mentioned or listed TRP, it may be difficult to actually execute trades in practice.
- Centralized Exchanges (CEX): Although some platforms, such as Crypto.com and Bitget, have provided guides on purchasing TRP, its extremely low trading volume suggests that the likelihood of finding sufficient liquidity to trade on these platforms is very low.For example, Binance has explicitly stated that its centralized exchange does not offer TRP trading or related services, and Coinbase also notes that Tronipay is not tradable on its platform.
- Decentralized Exchanges (DEX): Since TRP is a token based on Ethereum, it is theoretically possible to connect to a decentralized exchange via a Web3 wallet (such as MetaMask) that supports Ethereum to trade it.However, if the token’s circulating supply is zero and there is no trading volume, it is virtually impossible to find a counterparty to complete a trade, even when connected to a DEX.
Important Note: Given that TRP’s current circulating supply is extremely low, its trading volume is virtually zero, and its market capitalization is listed as $0, the liquidity risk associated with this token is extremely high. Investors must fully understand the current market conditions and be aware of potential investment risks before considering any actions related to TRP.
