About THORChain
Trading Insights
Searched
41
Market Stats
Market Cap
$237.27M
FDV
$337.97M
Circ. Supply
351M RUNE
Max Supply
500M RUNE
Total Supply
425M RUNE
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
$209.56M
238.91%
Volume (7D)
$1.19B
Volume (30D)
$2.24B
All time high
$21.26
Price Change (1Y)
Not enough data
83.65%
Additional details
Market details
RUNE vs markets
↘ 82.46%
RUNE vs BTC
↘ 82.13%
RUNE vs ETH
↘ 82.53%
Tags
decentralized-exchange-dex-token
defi
dex
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
THORChain | NA | |
BNB Beacon Chain | RUNE-B1A | |
BNB Smart Chain | 0xrUnE-b1A |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.67 | |
1 Day | $0.68 | |
1 Week | $0.58 | |
1 Month | $0.61 | |
1 Year | $4.13 |
FAQ
THORChain (RUNE) is a decentralized liquidity protocol that aims to enable users to exchange cryptocurrency assets across various networks, including Bitcoin and Ethereum, without relinquishing full custody of their assets. The platform operates in a permissionless setting and strives to eliminate the need for order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool. The native utility token of the THORChain platform is RUNE, which serves as the base currency in the THORChain ecosystem and is also used for platform governance and security.
THORChain operates by aiming to enable native asset settlement, allowing users to swap Bitcoin, Ether, Stablecoins, and other coins across nine distinct blockchains. It does not wrap or peg assets, but instead aims to allow value to be exchanged from one coin on one blockchain to another coin on another chain. THORChain employs a system to help mitigate the issue of impermanent losses that a liquidity provider can experience when contributing to liquidity pools. It achieves this by using a slip-based fee to help ensure liquidity stays where it is needed. The protocol combines a range of technologies to facilitate cross-chain token swaps permissionlessly.
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THORChain news
Trending articles
Social stats
Popularity in posts
#458
Contributors
77
Posts
104
% About THORChain
0.046%
Articles
1
X (Twitter)
49.4% bullish
Sentiment
4.1 ★
Highlights
77 unique individuals are talking about THORChain and it is ranked #458 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, THORChain has an average sentiment score of 4.1 out of 5. Finally, THORChain is becoming less newsworthy, with 1 news articles published about THORChain.
On Twitter, people are mostly bullish about THORChain. There were 63.08% of tweets with bullish sentiment compared to 27.69% of tweets with a bearish sentiment about THORChain. 36.92% of tweets were neutral about THORChain. These sentiments are based on 83 tweets.
On Reddit, THORChain was mentioned in 1 Reddit posts and there were 13 comments about THORChain. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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