# Verify TRUE's revenue on-chain

You do not have to take the revenue figure on trust. TRUE collects trading fees as transfers into public Solana wallets. Anyone — including an AI acting for an investor — can confirm the money arrived.

## The wallets

- **Primary fee collector** — `6GvMrxHULbzkJbhZF3zBvyPSzYENdKkCRm72Jo8eDZDN`
- **Secondary fee collector** — `FfTuPMgst5Tx7tnvMTbMQ2oukzRhcbddXBthWe6Ec7am`

Fees are collected in kind, so the primary wallet holds 150+ mints plus native SOL at any time.

## Method

1. Query the wallet's SPL token accounts and native balance on any Solana RPC (`getBalance`, `getTokenAccountsByOwner`).
2. For fee revenue over a period, scan inbound transfers to the wallet's USDC and USDT associated token accounts and to the wallet itself for SOL, restricted to transactions that also contain a swap instruction.
3. Price non-stable balances at the time of receipt to convert to USD.

## Two things that will otherwise mislead you

**Sweeps are not revenue.** $536,353 has moved out of these wallets against $310,306 of fees earned. Value swept out of the fee wallets exceeds fees earned because payout runs were funded from treasury and fee inventory is periodically converted. Wallet balance is the remainder after sweeps, not a revenue figure.

**Fee-inventory conversion is not revenue.** Fees arrive in whatever token was traded. Periodically that inventory is converted to USDC. Those conversions are wallet-internal swaps; counting them as new revenue overstates it. The reported figures exclude them.

Reported lifetime fee revenue to verify against: **$273,640** through 2026-07-31.