THORChain bridge
Overview
THORChain is a decentralized cross-chain liquidity protocol that enables native asset swaps between different blockchains without wrapping or pegging. It functions as an automated market maker (AMM) and bridge, using a network of nodes to secure swaps and the RUNE token as the base trading pair. The protocol is designed for trustless, non-custodial exchange across networks like Bitcoin, Ethereum, and Binance Chain. In January 2025 THORChain paused its THORFi lending and savers products amid roughly $200M in liabilities and entered a restructuring, while its core cross-chain swap service continued operating.
Within the DeFi Intel graph, THORChain connects to 1 tracked entity, most strongly to RUNE.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | RUNE | 90% |
Frequently asked questions
What is THORChain?
THORChain is a decentralized cross-chain liquidity protocol that enables native asset swaps between different blockchains without wrapping or pegging. It functions as an automated market maker (AMM) and bridge, using a network of nodes to secure swaps.
What token does THORChain support?
THORChain supports the RUNE token, which serves as the base trading pair for the protocol.
Which blockchains does THORChain support for cross-chain swaps?
THORChain supports cross-chain swaps across networks like Bitcoin, Ethereum, and Binance Chain.