THORChain
DEX · Cross-Chain Native · RUNE
NetworkDEXCross-Chain NativeSpotNon-EVMAppchainRecently-Exploited1 coinsAudited
THORChain is an independent Cosmos-SDK L1 enabling native cross-chain swaps (native BTC <-> native ETH <-> native BNB, etc.) with no wrapping, using threshold-signature (TSS) vaults per supported chain.
Native cross-chain swaps with no wrapping.
Protocol TVL
$52.6M
+1.8% 24h
Latest data · 15 min delay
Risks identified
- Smart Contract
Recovered only partially after the Jan 2025 solvency event; THORFi lending and savers products were removed post-incident.