RU

THORChain

RUNE
DeFiRank #58THORChain

$0.4546

+2.39%24h
+8.57%7d

Market Cap

$159.63M

Volume 24h

$38.92M

Vol / Market Cap

24.38%

Rank

#58

RUNE Price Chart

About THORChain

THORChain is a decentralized liquidity protocol enabling cross-chain asset swaps.

What Is THORChain (RUNE)? THORChain is a decentralized liquidity protocol that enables native cross-chain swaps without intermediaries.

How It Works

A cross-chain liquidity protocol that enables native asset swaps between blockchains without wrapped tokens. Nodes stake the native token to secure the network and facilitate decentralized cross-chain trading.

Use Cases

Decentralized Asset Swaps: Used to secure a cross-chain liquidity network that enables native swaps (e.g., BTC for ETH) without centralized bridges.

Tokenomics

Cross-Chain Swaps: Used as security collateral for swaps; nodes stake tokens to enable native, trustless cross-chain trading without wrapped assets.

Risks & Considerations

High impermanent loss risk for liquidity providers; complex cross-chain security assumptions.

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