Is Tread.fi (TREAD) halal or haram?
Not screened yet
We have not run our Shariah screening on Tread.fi yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
TREAD is a token used within tread.fi, an algorithmic trading terminal and agentic trading ecosystem for digital asset markets.
The basics
- Where it lives
- token on ethereum
- Circulating supply
- 100,000,000 TREAD
- Maximum supply
- 100,000,000 TREAD
- Category
- Decentralized Finance (DeFi), Perpetuals, Ethereum Ecosystem
What it runs, and where its revenue goes
Per DefiLlama on 2026-09-23, Tread.fi Perps runs one product line: Tread.fi Perps (Interface).
DefiLlama does not track revenue to token holders for Tread.fi Perps.
Figures from DefiLlama. Whether any of this income is permissible is part of our screening.
Who controls the coins
Read from the token's verified contract on Ethereum (0x31eea0edeb85b0cb65c1400bd2f4e487fd61b537) on 2026-09-23: it has mint (capped, held by an account we could not identify), pause (held by an account we could not identify); what these allow is checked at screening. Its code can be replaced by whoever holds the upgrade power.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.