What is Thorchain?
Decentralized Cross-Chain Infrastructure
THORChain is a network that facilitates native asset settlement between Bitcoin , Ethereum , BNB Chain , Avalanche , Cosmos Hub , Dogecoin , Bitcoin Cash & Litecoin
THORChain is secured by its native token, RUNE, which deterministically accrues value as more assets are deposited into the network.
Anyone can use THORChain to swap native assets between any supported chains or deposit their assets to earn yield from swaps.
THORChain Quote Estimator
Ethereum
BitcoinTHORChain Key Metrics
Network Statistics
Total Value Locked
$926.7M
Total Liquidity
$282.2M
Total Validator Bond
$644.5M
Lifetime Volume
$72.6B
Total Pool Earnings
$130.3M
Total Swap Count
36.52M
Unique Swappers
115K
24h Trading Volume
$99.4M
Active Validators
116
Providing Native Asset Infrastructure
Built With THORChain
Trust Minimized Infrastructure
THORChain was designed from first principles to minimize trust and become a scalable, economically secure cross-chain communication and settlement layer. Dozens of exchanges rely on THORChain to process swaps for their users & more.
Native Asset Swaps
Streaming Swaps
Dual Liquidity
Savers Vaults
DEX Aggregation
Generic Messaging
Lending
Trade Assets
FEATURES
Native Asset Security
Swap assets without relying on wrapped tokens. Provide liquidity and maintain custody.
Native Assets
THORChain allows native cross-chain swaps without wrapped or pegged assets. Users don’t
need RUNE to pay for transactions. The only requirement is a transaction on the first chain.
Non-Custodial
Swappers always maintain self-custody of their funds, so they are always in control,
including directly from a hardware wallet. Liquidity providers funds are always solvent,
visible, and verifiable on the blockchain - secured by the open source code.
Single Asset Liquidity
Savers Vaults allow anyone to provide liquidity to THORChain and earn from swap fees without exposure to RUNE.
Secured by RUNE
Node operators bond RUNE to enter the network. Their bonds are worth more than the assets
they secure. THORChain’s open source code keeps funds safe.