Ask about THORChain DEX
Total Value Locked$56.29m
TVL by Chain
THORChain$28.76m
Bitcoin$13.03m
Ethereum$8.76m
BSC$1.52m
Bitcoincash$1.09m
Doge$842,975.8
Avalanche$772,493.7
Litecoin$508,903.65
XRPL$495,420.5
Tron$291,390.56
CosmosHub$116,774.92
Solana$55,042.61
Base$51,164.8
Key Metrics
Fees 30d$1.4m
Fees 30d by chain
Ethereum$552,034
Bitcoin$418,868
THORChain$273,848
Tron$57,227
Litecoin$47,264.01
XRPL$11,009.78
BSC$10,519
Avalanche$10,121.87
Bitcoincash$9,286.85
Doge$7,682.14
Base$1,202.15
CosmosHub$919.22
Solana$184.43
Fees 7d$622,229
Ethereum$309,067
Bitcoin$230,832
THORChain$34,071
Litecoin$16,091
Tron$8,337
BSC$7,040
Avalanche$5,253
XRPL$4,044
Bitcoincash$3,800
Doge$2,942
Base$570.59
Solana$179
CosmosHub$2.48
Fees 24h$69,592
Ethereum$38,043
Bitcoin$26,047
THORChain$1,243
Tron$1,119
Litecoin$815
BSC$771
Avalanche$564
Bitcoincash$365
Doge$303
XRPL$223
Solana$61
Base$36
CosmosHub$2.48
Cumulative Fees$171.34m
Ethereum$58.92m
THORChain$49.63m
Bitcoin$32.65m
BSC$16.99m
Litecoin$2.8m
Avalanche$2.76m
Bitcoincash$2.51m
Doge$2.17m
Terra Classic$1.12m
CosmosHub$833,365.67
Tron$456,035
XRPL$284,413.63
Base$206,749.09
Solana$7,544.07
Revenue 30d$169,898.47
Revenue 30d by chain
Ethereum$82,853.23
Bitcoin$63,180.14
Tron$8,533.07
Litecoin$7,297.08
XRPL$1,642.51
BSC$1,562
Avalanche$1,556.08
Bitcoincash$1,418.32
Doge$1,154.02
THORChain$351.58
Base$182.11
CosmosHub$140.73
Solana$27.2
Revenue 7d$87,588
Ethereum$46,004
Bitcoin$34,328
Litecoin$2,403.2
Tron$1,233
BSC$1,050
Avalanche$783.65
XRPL$603.38
Bitcoincash$566
Doge$438.13
Base$85.54
THORChain$66.6
Solana$26.41
CosmosHub$0.37
Revenue 24h$10,243
Ethereum$5,698
Bitcoin$3,898
Tron$166
Litecoin$122
BSC$116
Avalanche$84
Bitcoincash$55
Doge$45
XRPL$33
THORChain$11
Solana$9.11
Base$5.42
CosmosHub$0.37
Cumulative Revenue$8.36m
Ethereum$3.77m
Bitcoin$2.56m
BSC$952,832.99
Litecoin$201,394.33
Bitcoincash$200,454.43
Avalanche$179,132.79
Doge$144,640.34
Tron$115,108.28
Terra Classic$56,158.55
THORChain$54,667.49
CosmosHub$54,443.35
XRPL$39,552.89
Base$27,886.95
Solana$1,306.58
Holders Revenue 30d$55,461
Holders Revenue 30d by chain
Ethereum$27,171
Bitcoin$20,566
Tron$2,792.18
Litecoin$2,309.88
XRPL$542.46
BSC$519.54
Avalanche$496.63
Bitcoincash$455.53
Doge$378.95
THORChain$113.64
Base$59.16
CosmosHub$44.88
Solana$9.16
Holders Revenue 7d$29,190
Ethereum$15,332
Bitcoin$11,439
Litecoin$801.38
Tron$410
BSC$349.88
Avalanche$261.2
XRPL$201.95
Bitcoincash$188.1
Doge$145.98
Base$28.38
THORChain$22.1
Solana$8.9
CosmosHub$0.12
Holders Revenue 24h$3,414
Ethereum$1,899
Bitcoin$1,299
Tron$55
Litecoin$41
BSC$39
Avalanche$28
Bitcoincash$18
Doge$15
XRPL$11
THORChain$3.77
Solana$3.04
Base$1.81
CosmosHub$0.12
Cumulative Holders Revenue$2.46m
Ethereum$1.21m
Bitcoin$790,522
BSC$122,630.4
Avalanche$69,509.21
Bitcoincash$69,063.88
Litecoin$63,346.18
Doge$55,227.09
THORChain$23,422.97
Tron$19,630.01
CosmosHub$14,525
XRPL$13,694.64
Base$9,927.78
Solana$357.76
Terra Classic$0
Incentives 1y$0.52
$0.52
$0.52
$0.52
$166.55m
Earnings (Annualized)$2.15m
$169,897.95
$87,587.48
$10,242.48
-$158.2m
DEX Volume 30d$1.041b
DEX Volume 30d by chain
THORChain$1.041b
DEX Volume 7d$551.51m
THORChain$551.51m
DEX Volume 24h$19.17m
THORChain$19.17m
Cumulative DEX Volume$125.507b
THORChain$125.507b
Market Cap$171.18m
$RUNE Price$0.52
$184.35m
$176.08m
$RUNE Volume 24h$24.16m
CEX Volume$3.14m
DEX Volume$22.76m(94.18% of total)
Protocol Information
THORChain is a decentralized exchange (DEX) enabling native cross-chain swaps without wrapped assets or bridges. All trades occur on-chain and are permissionless.
Sub Category: AMM
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.View code on GitHubRevenue: The 5% of swap fees burned as RUNE (value to all RUNE holders) plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund and marketing fund). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.View code on GitHubHolders Revenue: Value to RUNE holders: the 5% of swap fees burned as RUNE (permanently removed from supply), the only component that accrues to every RUNE holder.View code on GitHubDEX Volume: Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Hacks
Date: Jun 29, 2021
Amount: $350,000
Classification: Bridge & Cross-Chain
Technique: Bridge Logic Flaw
Chains: Ethereum
Bridge Hack
Language: Go
Target Type: DeFi Protocol
Date: Jul 15, 2021
Amount: $5m
Classification: Bridge & Cross-Chain
Technique: Bridge Logic Flaw
Chains: Ethereum
Bridge Hack
Language: Solidity
Target Type: DeFi Protocol
Date: Jul 22, 2021
Amount: $8m
Classification: Protocol Logic
Technique: Withdrawal Logic Flaw
Chains: Ethereum
Bridge Hack
Language: Solidity
Target Type: DeFi Protocol
Date: May 15, 2026
Amount: $10.7m
Classification: Bridge & Cross-Chain
Technique: Bridge Logic Flaw
Chains: Bitcoin, Ethereum, Base, BSC
Bridge Hack
Target Type: Chain
Competitors
Frequently Asked Questions
What is THORChain DEX's TVL?
THORChain DEX currently has $56.29m in total value locked. TVL has increased 5.1% over the past 30 days.
What chains does THORChain DEX operate on?
THORChain DEX operates on 13 chains: Bitcoin, BSC, Litecoin, Base, and Solana and 8 others. THORChain holds the largest share at 51.1%.
How much has THORChain DEX generated in fees and revenue?
Over the past 30 days, THORChain DEX generated $1.4m in fees. Of that, $169,898.47 was protocol revenue. Based on the trailing year, the annualized rate is $20.61m in fees and $2.15m in revenue.
What is the RUNE token price and valuation?
RUNE is currently trading at $0.52. Its circulating market capitalization is $171.18m, ranking it #275. Its fully diluted valuation is $184.35m. Supply currently stands at 328.66m circulating, 353.94m total supply, 353.94m maximum supply.
How has RUNE performed recently?
RUNE is up 7.2% over the past 7 days and up 23.2% over the past 30 days. Its all-time high is $20.87, reached on May 18, 2021. The token is currently 97.5% below that level.
How does THORChain DEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, THORChain DEX ranks #23 by TVL. The category holds $13.209b across 1,933 protocols, and THORChain DEX accounts for 0.4% of that total. Other leading protocols include Bridgers, Uniswap V3, Curve DEX, Uniswap V4, Uniswap V2, PancakeSwap AMM V3, SushiSwap V3, SushiSwap, DODO AMM, and WOOFi Swap.
How much trading volume does THORChain DEX process?
THORChain DEX processed $1.041b in DEX volume over the past 30 days.
Has THORChain DEX ever been exploited?
THORChain DEX has 4 recorded security incidents. The most recent incident occurred on May 15, 2026 and involved $10.7m. It was classified as Bridge & Cross-Chain.