Trading is temporarily paused. More info here. THORChain has no active refund, airdrop, or compensation program. Be cautious of fraudulent websites impersonating the protocol and report them back to us.

Trade Accounts

  • Arb-Bots and HFTs

    Built for arbitrage and high frequency traders, Trade Accounts enable efficient trading of tokens on any supported blockchain.

  • Fast & Cheap

    You can trade at the speed and finality of a THORChain block. Only pay the THORChain gas fee instead of the corresponding L1 token gas fee.

  • Trade Assets

    Trade Accounts use Trade Assets - wrapped tokens pegged to the price of the corresponding native asset. They can be minted and redeemed with no slippage, at any time.

  • Security

    Trade Assets are secured by THORChain's decentralized node network, held outside the liquidity pools, and fully backed 1:1.

  • Questions?

    If you have any questions about Trade Accounts and Trade Assets, use the ‘trade-assets’ channel in the Dev Discord.

App-Layer

  • Built by Rujira

    The App-Layer makes it possible to write smart contracts on THORChain, turning it into a fully programmable Layer-1 protocol. Now developers can create dApps using CosmWasm, enabling an ecosystem of composable DeFi products.

  • CEX in the Front, DEX in the Back

    All the features you enjoy on a CEX are now possible on the App-Layer, with the ability to settle directly into native assets in a decentralized and permissionless manner.

  • Endless Possibilities

    The App-Layer will have an orderbook, lending & borrowing, perpetual contracts, options, money markets, Bitcoin-backed stablecoin, token launchpad, NFT marketplace, AI agents, and more.

  • RUJI Liquidations

    The first public marketplace where anyone can bid on at-risk collateral, from lending or leverage products, and buy it at a discount through Dutch auctions. No bots or coding needed.

  • Secured Assets

    The App-Layer uses Secured Assets - wrapped tokens pegged to the price of the corresponding native asset. They can be minted and redeemed anytime without slippage. They’re protected by THORChain's decentralized node network, held outside the liquidity pools, and are always backed 1:1.

Explore the App-Layer

Rujira, the team responsible for the App-Layer, has a one-stop-shop interface with all the available dApps to choose from. Check it out.