What is THORChain (RUNE)?

THORCHain is a decentralized crypto exchange (DEX). Unlike other DEXs like SushiSwap and Uniswap, THORCHain offers a cross-chain exchange and not only one for the Ethereum network. This means that besides Ethereum tokens, coins from other blockchains such as Bitcoin, Cosmos or Binance can also be swapped. Rune is the native token of THORCHain. Validators of the blockchain must store Rune in order to be able to confirm transactions. The token also serves as governance token for decisions on the development of the THORCHain protocol.
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Cryptohunt's Opinion

Our take on THORChain

THORCHain offers a great advantage to many other ways to swap crypto coins. Compared to DEXs like Uniswap and SushSwap, it not only enables transactions on one blockchain network like Ethereum. Compared to cross-chain exchanges like Coinbase and Kraken, it offers a decentralized solution. Wrapped coins, such as wrapped Bitcoin, offer a decentralized solution that enables swaps between blockchains. However, you do not hold real coins, but only wrapped coins and have to trust the organization wrapping them. At THORCHain you can hold the actual coin.
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How do you feel about THORChain?

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What makes THORChain special?
THORChain is a powered by, uses to validate transactions, and is. THORChain also supports.

Interesting facts about THORChain

Here are some facts you may not already know about THORChain. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Rune is the token of the THORCHain blockchain, which is required to validate transactions and and serves as a governance token.

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It enables cross-chain swaps between different blockchains, such as Ethereum, Bitcoin, and Cosmos.

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THORCHain is a decetralized exchange.

THORChain reviews from the cryptohunt community

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THORChain price and insights

See how much THORChain is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
No reviews yet
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
12,307
6% of them are active
# Telegram members
17,907
3% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like THORChain, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
12,307
# Active Discord members
725
# Telegram members
17,907
# Active Telegram members
590

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