THORChain
RUNE$0.4546
Market Cap
$159.63M
Volume 24h
$38.92M
Vol / Market Cap
24.38%
Rank
#58
RUNE Price Chart
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.
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.
Decentralized Asset Swaps: Used to secure a cross-chain liquidity network that enables native swaps (e.g., BTC for ETH) without centralized bridges.
Cross-Chain Swaps: Used as security collateral for swaps; nodes stake tokens to enable native, trustless cross-chain trading without wrapped assets.
High impermanent loss risk for liquidity providers; complex cross-chain security assumptions.
