The World's Leading Bitcoin DEX

Experience True Freedom

Access 13 Blockchains
Swap all the major chains in crypto.
Native Assets Only
No wrapped tokens. No bridges. No extra risk.
Trade Any Size
Execute large trades with minimal slippage.
Use Any Wallet
Swap without connecting your wallet to a website.

THORChain is Better Than CEX

Permissionless
Anyone in the world can use THORChain. The protocol does not censor transactions.
Private
No account to open. No sign up required. No personal info collected.
Sovereign
Swap from your self custody wallet. Connecting your wallet to a website is optional.
Secure
A decentralized network of 92 nodes secure the protocol.
Resilient
THORChain has been battle-hardened since 2019, surviving bull and bear markets.
Open-Source
Swaps are verifiable end-to-end. All transactions are executed on-chain. Nothing off-chain.

There is No Second Best

THORChain is the real crypto exchange for real crypto users.

Self-Custody

Permissionless

Privacy

Liquidity

Cross Chain

Native Tokens

Other DEXs

CEXs

THORChain

Free API for Any Platform

THORChain is back-end infrastructure that connects all major blockchains into one global marketplace. Every app, wallet, and website can integrate THORChain and add a custom fee to their swaps.

Trusted by Leading Wallets

Wield the Power of the Network

$RUNE - A Token With Purpose
RUNE facilitates every swap and is paired in all liquidity pools. Nodes bond RUNE to enter the network. All fees are paid in RUNE and the yield is distributed in RUNE.
$TCY - Earn Protocol Fees
TCY receives 10% of THORChain’s fees - no bonding or pooling required. Fees come from protocol activity, not block rewards or inflation.

The Latest from THORChain

FAQ

THORChain is the world’s largest decentralized exchange (DEX) for trading Bitcoin. It enables users to swap native cryptocurrencies across different blockchains directly from their self-custody wallets, without relying on centralized exchanges or wrapped tokens. THORChain is a programmable layer 1 protocol with the ability to write smart contracts on it to create different decentralized applications (dApps).
No. THORChain does not require accounts, registration, or identity verification. Users interact with the network directly from their self-custody wallets. Some third-party interfaces that provide access to THORChain may have their own requirements, but the protocol itself does not.
Swaps on THORChain involve three types of fees. You pay the gas fee on the source network when sending your transaction. THORChain then deducts the destination network gas fee and a liquidity fee from your swap output. Total fees vary based on network conditions, swap size, and pool depth.
THORChain currently supports Bitcoin, Ethereum, XRP Ledger, BNB Smart Chain, Solana, TRON, Dogecoin, Bitcoin Cash, Litecoin, Avalanche, Cosmos, Base, and THORChain. Additional blockchains will be added over time.
You can swap the following tokens on these blockchains:

Avalanche (AVAX, SOL, USDC, USDT)
Base (ETH, USDC, VVV)
Bitcoin Cash (BCH)
BNB Smart Chain (BNB, BTCB, BUSD, ETH, TWT, USDC, USDT)
Bitcoin (BTC)
Dogecoin (DOGE)
Ethereum (DAI, ETH, FOX, GUSD, LINK, LUSD, TGT, THOR, USDC, USDP, USDT, VTHOR, WBTC, XRUNE, YFI)
Cosmos (ATOM)
Litecoin (LTC)
Solana (SOL)
THORChain (RUJI, RUNE, TCY)
TRON (TRX, USDT)
XRP Ledger (XRP)

Supported cryptocurrencies will grow as the network evolves. Use this link for a current list of supported tokens and their liquidity pools.

The World's LeadingBitcoin DEX