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Cross-Chain
Swaps
Savers
Lending
Liquidity
Messaging
Aggregation
Infrastructure
Exchange
Settlement
Without Bridges

Swap, Borrow, and Earn with your native assets. Powered by RUNE

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 Logo
THORChain Quote Estimator
Ethereum Ethereum
Bitcoin Bitcoin
 

THORChain Key Metrics

Network Statistics


Total Value Locked

 

Total Liquidity

 

Total Validator Bond

 

Total Volume

 

Total Pool Earnings

 

Total Swap Count

 

Unique Swappers

 

24h Trading Volume

 

Active Validators

 

Providing Infrastructure For

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.

swap

Native Asset Swaps

liquidity

Streaming Swaps

liquidity

Dual Liquidity

savers

Savers Vaults

aggregation

DEX Aggregation

aggregation

Generic Messaging

aggregation

Lending

aggregation

Synthetic Assets

FEATURES

Native Asset Security

Swap assets without relying on wrapped tokens. Provide liquidity and maintain custody.

connect

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.
tree

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.
shield

Single Asset Liquidity

Savers Vaults allow anyone to provide liquidity to THORChain and earn from swap fees without exposure to RUNE.
coin

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.

UPCOMING

Chain Agnostic Service Provider

THORChain’s strong foundation for cross-chain communication enables much more than swaps.

New features and primitives undergo extensive research, design, and debate by the community and are subject to THORChain's node governance processes. New blockchains are connected periodically.



News & Articles

Media

Blog

THORChain Medium

Get the latest updates and news about THORChain.

Discord

THORChain University

Learn how to use THORChain to trade or earn yield through TC University with one-on-one support and guides.

Documentation

THORChain Documentation

Read about the protocol in more depth by visiting the THORChain documentation.