THORChain (RUNE) Live Price and charts Today

1 THORChain (RUNE) Price Today in USD is $6.7239

THORChain (RUNE) = $6.7239 USD

THORChain (RUNE) all-time high (ATH) is $20.24 USD

The maximum supply of THORChain (RUNE) is 500,000,000.00

THORChain (RUNE) 24h volume is $95.59 Million(s) USD

THORChain (RUNE) Market Cap is $2.02 Billion(s) USD

THORChain
$6.7239
+2.38%
Time Interval :
Time Range :
  • .csv
  • .xls
  • .xlsx
  • Rank #53
  • Market Cap 2.47% $2,021,884,285
  • 24H Spot Volume -9.85% $95,592,532.55
  • 24H Volume / Market Cap +5.00%
  • Circulating Supply 300,700,561.00
  • Total Supply 500,000,000
  • Max Supply 500,000,000.00
  • Fully Diluted Valuation $3,361,956,290
  • API ID thorchain copy duigou
  • Project Start Date Oct, 2018
  • Contracts & Explorer(s) coin-img RUNE-B1A
    copy duigou
  • Websites Website
  • Links
    • icon
    • icon
    • icon
    • icon
    • icon
    • icon
    • icon
About RUNE Roadmap & Milestones
THORChain is a decentralized and autonomous cross-chain liquidity protocol with smart contract built on the BNB Chain and Energi as well as its own blockchain.

THORChain is a decentralized cross-chain liquidity protocol based on Tendermint & Cosmos-SDK and utilizing Threshold Signature Schemes (TSS). It allows users to exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process. It does not peg or wrap assets, it simply determines how to move them in response to user actions. With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool. THORChain observes incoming user deposits to vaults, executes business logic (swap, add/remove liquidity), and processes outbound transactions. 

THORChain is primarily a leaderless vault manager, ensuring that every stage of the process is byzantine-fault-tolerant. THORChain's key objective is to be resistant to centralization and capture whilst facilitating cross-chain liquidity. The native utility token of the THORChain platform is RUNE. It is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms. 

THORChain uses a unique system to help mitigate the issue of "impermanent losses" — or the often temporary 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. 

THORChain combines a range of novel technologies, including on-way state pegs, a state machine, the Bifröst Signer Module, and a TSS protocol to seamlessly facilitate cross-chain token swaps. This is all kept behind the scenes, making the platform accessible to even inexperienced traders. The platform isn't profit-oriented. All fees generated by the protocol go directly to the users, and there are no provisions for the team. Instead, the team is incentivized by simply holding RUNE — just like everyone else. The RUNE token is currently available on multiple blockchains, including Binance Chain (as a BEP-2 token) and Ethereum (as an ERC-20 token).

Expand
Related News
Thorchain Boosted Lending Capacity and Burned 12% of $RUNE Total Supply Thorchain Boosted Lending Capacity and Burned 12% of $RUNE Total Supply
ThorChain Now the 3rd Largest DEX by Volume and Handled 2% of All Spot Bitcoin Volume ThorChain Now the 3rd Largest DEX by Volume and Handled 2% of All Spot Bitcoin Volume
THORChain Launches Lending Feature with No Interest and No Liquidation THORChain Launches Lending Feature with No Interest and No Liquidation
Trust Wallet Integrates with THORChain to Support In-app Cross-chain Swaps Trust Wallet Integrates with THORChain to Support In-app Cross-chain Swaps
THORChain Launches Patch to Fix Chain Halt THORChain Launches Patch to Fix Chain Halt
Latest News More More
Ethereum Validator P2P.org Introduces Restaking Function on EigenLayer
Aave Plans to Launch own Blockchain After V4 Upgrade
BlackRock's Income and Bond Funds Hold Spot Bitcoin ETF
May 20 Binance Calls on Projects to Combat the Low Float and High FDV Trend
May 17 World Largest Settlement System DTCC and Chainlink Completed Fund Tokenization Pilot Program
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open