Native Asset
Exchange

WHAT IS THORCHAIN?

Decentralized Exchange Infrastructure

THORChain is a network that facilitates native asset settlement between Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos Hub, Dogecoin, Bitcoin Cash, Litecoin & Base

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 Swap Quote
Bitcoin Bitcoin
USDT USDT
= $87,277.88

THORCHAIN KEY METRICS

Network Statistics

TOTAL VALUE LOCKED
$238.6M
TOTAL LIQUIDITY
$116.6M
TOTAL VALIDATOR BOND
$122.1M
LIFETIME VOLUME
$99.5B
TOTAL POOL EARNINGS
$34.2M
TOTAL SWAP COUNT
47.75M
UNIQUE SWAPPERS
131.7K
24H TRADING VOLUME
$65.3M
ACTIVE VALIDATORS
106

PROVIDING NATIVE ASSET INFRASTRUCTURE

Built With THORChain

The top wallets and exchanges use THORChain as a noncustodial cross-chain swap provider

Ledger
Trust Wallet
OKX Wallet
Bitget Wallet
ThorSwap
ShapeShift
THORWallet
Li.Fi
ZenGo
Cake Wallet
Jumper
Ctrl
ASGARDEX
Vultisig
Rango Exchange
Token Pocket
Symbiosis
Keplr
Unizen
Edge
OpenOcean

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

Native Asset Swaps

Streaming Swaps

Streaming Swaps

Dual Liquidity

Dual Liquidity

DEX Aggregation

DEX Aggregation

Smart Contracts

Smart Contracts

Secured Assets

Secured Assets

FEATURES

Native Asset Security

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

Native Assets

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

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.

Secured by 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.

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.

2025 Look Ahead
Streaming Swaps
Trade Accounts
RUNE Pool
App Layer
EdDSA Support
Active Yield

COMMUNITY UPDATES

Live Podcasts

Live podcasts held semi-weekly by the community on X Spaces. Subscribe on Apple Podcasts, Spotify, or wherever you get your podcasts.

THORChain Weekly Live

Meet Nine Realms New CEO - THORChain Spaces #119

THORChain Weekly Live by Nine Realms

00:00 59:18

Meet Nine Realms New CEO - THORChain Spaces #119

59:18

The Importance of Privacy - THORChain Spaces #118

02:26:26

Q1 Wrap Up - THORChain Spaces #117

01:14:46

Raise The Bond Update And Price Talk, THORChain Spaces #116

03:43:50

Raise The Bond Campaign - THORChain Spaces #115

02:42:29

BLOG

THORChain
Medium

Get the latest updates and news about THORChain.

Go to Blog

DISCORD

THORChain
University

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

Go to Discord

DOCUMENTATION

THORChain
Documentation

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

Go to Documentation