Ask about THORChain DEX
THORChain DEX(RUNE)
Total Value Locked$65.31m
TVL by Chain
THORChain$33.2m
Bitcoin$15.11m
Ethereum$9.94m
BSC$1.74m
Bitcoincash$1.53m
Doge$1.01m
Avalanche$989,964.2
Litecoin$608,040.62
XRPL$589,188.62
Tron$337,404.05
CosmosHub$142,928.6
Solana$62,738.52
Base$59,394.38
Key Metrics
Fees 30d$1.43m
Fees 30d by chain
Ethereum$555,262
Bitcoin$411,618
THORChain$300,723
Litecoin$51,679.44
Tron$38,125
XRPL$28,483.25
BSC$13,441.49
Bitcoincash$13,438.85
Avalanche$10,304.09
Doge$6,349.32
Base$1,541.35
CosmosHub$555.25
Solana$306.43
Fees 7d$228,121
Ethereum$86,810
Bitcoin$50,703
THORChain$30,989
XRPL$21,740.47
Litecoin$14,362.43
Tron$9,137
Bitcoincash$6,843
Avalanche$2,739.22
BSC$2,529.49
Doge$1,818.18
Base$270.04
CosmosHub$179
Solana$0
Fees 24h$11,091
THORChain$10,642
Ethereum$208
Bitcoin$115
Bitcoincash$49
Tron$22
CosmosHub$20
Avalanche$8.22
BSC$7.49
Doge$7.18
Litecoin$6.43
XRPL$3.47
Base$2.04
Solana$0
Cumulative Fees$171.63m
Ethereum$59.03m
THORChain$49.69m
Bitcoin$32.72m
BSC$16.99m
Litecoin$2.81m
Avalanche$2.76m
Bitcoincash$2.52m
Doge$2.17m
Terra Classic$1.12m
CosmosHub$833,588.7
Tron$468,335
XRPL$306,458.1
Base$207,088.29
Solana$7,666.07
Revenue 30d$353,875.7
Revenue 30d by chain
Ethereum$175,023.23
Bitcoin$129,342.14
Litecoin$16,066.79
Tron$10,063.74
XRPL$8,680.22
BSC$4,146.89
Bitcoincash$4,130.67
Avalanche$3,288.48
Doge$1,994.82
THORChain$476.51
Base$435.57
CosmosHub$128.1
Solana$96.79
Revenue 7d$60,659.23
Ethereum$26,644
Bitcoin$15,573
XRPL$6,674.41
Litecoin$4,440.76
Tron$2,781.67
Bitcoincash$2,096.75
Avalanche$840.97
BSC$773.89
Doge$556.85
THORChain$143.37
Base$82.08
CosmosHub$50.88
Solana$0
Revenue 24h$54.23
Ethereum$25
Bitcoin$14
Bitcoincash$5.75
Tron$2.67
CosmosHub$2.38
Avalanche$0.97
BSC$0.89
Doge$0.85
Litecoin$0.76
XRPL$0.41
THORChain$0.3
Base$0.24
Solana$0
Cumulative Revenue$8.57m
Ethereum$3.87m
Bitcoin$2.64m
BSC$955,417.88
Litecoin$211,797.89
Bitcoincash$203,610.18
Avalanche$181,277.19
Doge$145,981.67
Tron$121,348.95
Terra Classic$56,158.55
THORChain$54,984.83
CosmosHub$54,519.02
XRPL$47,277.49
Base$28,140.41
Solana$1,376.17
Holders Revenue 30d$43,284.74
Holders Revenue 30d by chain
Ethereum$21,589
Bitcoin$16,474
Litecoin$1,887.48
Tron$1,219.5
XRPL$523.78
BSC$510.42
Avalanche$365.65
Bitcoincash$360.15
Doge$219.62
Base$60.72
THORChain$51.24
CosmosHub$17.66
Solana$6.53
Holders Revenue 7d$1,947
Ethereum$855
Bitcoin$499
XRPL$215.13
Litecoin$143.72
Tron$89.32
Bitcoincash$67.02
Avalanche$27.25
BSC$24.87
Doge$17.87
THORChain$4.57
Base$2.63
CosmosHub$1.56
Solana$0
Holders Revenue 24h$0
Avalanche$0
Base$0
Bitcoin$0
Bitcoincash$0
BSC$0
CosmosHub$0
Doge$0
Ethereum$0
Litecoin$0
Solana$0
THORChain$0
Tron$0
XRPL$0
Cumulative Holders Revenue$2.46m
Ethereum$1.2m
Bitcoin$789,929
BSC$122,621.28
Avalanche$69,515.19
Bitcoincash$69,115.75
Litecoin$63,464.97
Doge$55,233.19
THORChain$23,424.41
Tron$19,617.33
CosmosHub$14,526.87
XRPL$13,902.52
Base$9,929.34
Solana$355.13
Terra Classic$0
Incentives 1y$0.64
$0.64
$0.64
$0.64
$166.55m
Earnings (Annualized)$2.32m
$353,875.06
$60,658.59
$53.59
-$157.98m
DEX Volume 30d$1.027b
DEX Volume 30d by chain
THORChain$1.027b
DEX Volume 7d$174.01m
THORChain$174.01m
DEX Volume 24h$0
THORChain$0
Cumulative DEX Volume$125.696b
THORChain$125.696b
Market Cap$207.92m
$RUNE Price$0.63
$223.93m
$213.89m
$RUNE Volume 24h$20.31m
CEX Volume$8.26m
DEX Volume$13.41m(66.03% 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 share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). 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 share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), 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 $65.31m in total value locked. TVL has increased 5.6% over the past 30 days.
What chains does THORChain DEX operate on?
THORChain DEX operates on 14 chains: THORChain, Bitcoin, Ethereum, BSC, and Bitcoincash and 9 others. THORChain holds the largest share at 50.8%.
How much has THORChain DEX generated in fees and revenue?
Over the past 30 days, THORChain DEX generated $1.43m in fees. Of that, $353,875.7 was protocol revenue. Based on the trailing year, the annualized rate is $20.2m in fees and $2.32m in revenue.
What is the RUNE token price and valuation?
RUNE is currently trading at $0.63. Its circulating market capitalization is $207.92m, ranking it #269. Its fully diluted valuation is $223.93m. Supply currently stands at 328.64m circulating, 353.94m total supply, 353.94m maximum supply.
How has RUNE performed recently?
RUNE is up 30.1% over the past 7 days and up 32.6% over the past 30 days. Its all-time high is $20.87, reached on May 18, 2021. The token is currently 97% 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 $14.779b across 1,922 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 $1.027b 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.