Cryptocurrency profile · RUNE
THORChain
$0.663 USD
- Market cap rank
- 180
- Market cap
- 209,421,008
- Circulating supply
- 328,543,389
- Max supply
- 353,898,491
About THORChain
THORChain is a decentralized exchange (DEX) that enables cross-chain swaps between Bitcoin, Ethereum, and other blockchains without using wrapped tokens. It currently supports swapping between 10 different blockchains, including BTC, ETH, USDT, BNB, XRP, USDC, TRX, DOGE, BCH, WBTC, LINK, LTC, DAI, AVAX, AAVE, and ATOM. The platform aims to solve the problem of interoperability between disparate blockchain networks by allowing native asset swaps.
- THORChain is the first DEX to swap Bitcoin and other UTXO chains with Ethereum and EVM chains without wrapped tokens.
- It supports swapping between 10 different blockchains natively.
- THORChain is categorized as a Layer 1 (L1) protocol and uses Proof of Stake (PoS) consensus.
- The platform is backed by Multicoin Capital and Delphi Ventures portfolios.
- Consensus
- proof-of-stake
- Token standard
- native
Local market
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