Ask about THORChain DEXTotal Value Locked$53.71m
TVL by Chain
THORChain$27.27m
Bitcoin$10.57m
Ethereum$10.36m
BSC$1.57m
Bitcoincash$951,664.17
Avalanche$906,481.51
Doge$833,365.26
Litecoin$422,657.23
XRPL$377,939.04
Tron$188,559.08
CosmosHub$128,792.26
Base$102,196.62
Solana$40,462.07
Key Metrics
Fees (Annualized)$22.23m
Fees 30d$844,495
Ethereum$337,544
Bitcoin$293,121
THORChain$65,865
Litecoin$57,946
Tron$54,606
Bitcoincash$17,762
XRPL$7,036
Doge$5,147
Avalanche$4,650
CosmosHub$817.9
Base$0
BSC$0
Solana$0
Fees 7d$137,564
Ethereum$60,565
Bitcoin$48,224
Tron$19,376
Litecoin$3,952
XRPL$1,676
THORChain$1,208
Doge$1,093
Avalanche$801
Bitcoincash$531
CosmosHub$137.84
Base$0
BSC$0
Solana$0
Fees 24h$27,882
Ethereum$13,909
Bitcoin$6,396
Tron$4,903
XRPL$854
Doge$761
THORChain$431
Litecoin$292
Bitcoincash$135
Avalanche$129
CosmosHub$72
Base$0
BSC$0
Solana$0
Cumulative Fees$169.91m
Ethereum$58.35m
THORChain$49.36m
Bitcoin$32.23m
BSC$16.98m
Litecoin$2.75m
Avalanche$2.75m
Bitcoincash$2.5m
Doge$2.16m
Terra Classic$1.12m
CosmosHub$832,316.45
Tron$389,133
XRPL$273,278.85
Base$205,546.94
Solana$7,359.64
Revenue (Annualized)$2.16m
Revenue 30d$117,005
Ethereum$50,526
Bitcoin$43,875
Litecoin$8,684
Tron$8,175
Bitcoincash$2,658.31
XRPL$1,053.47
Doge$770.59
Avalanche$694.79
THORChain$443.46
CosmosHub$122.89
Base$0
BSC$0
Solana$0
Revenue 7d$20,524
Ethereum$9,072
Bitcoin$7,235
Tron$2,907
Litecoin$600
XRPL$252.53
Doge$162.96
Avalanche$119.9
Bitcoincash$79.68
THORChain$73.41
CosmosHub$20.83
Base$0
BSC$0
Solana$0
Revenue 24h$4,126
Ethereum$2,087
Bitcoin$960
Tron$735
XRPL$128
Doge$114
Litecoin$44
Bitcoincash$20
Avalanche$19
CosmosHub$11
THORChain$7.71
Base$0
BSC$0
Solana$0
Cumulative Revenue$8.18m
Ethereum$3.68m
Bitcoin$2.5m
BSC$951,270.99
Bitcoincash$199,009.55
Litecoin$194,076.63
Avalanche$177,524.71
Doge$143,471.53
Tron$105,127.21
Terra Classic$56,158.55
THORChain$54,308.02
CosmosHub$54,283.24
XRPL$37,891.87
Base$27,704.84
Solana$1,279.38
Holders Revenue (Annualized)$688,546
Holders Revenue 30d$38,753
Ethereum$16,736
Bitcoin$14,533
Litecoin$2,871.45
Tron$2,716.87
Bitcoincash$873.99
XRPL$349.19
Doge$255.49
Avalanche$230.6
THORChain$146.21
CosmosHub$40.71
Base$0
BSC$0
Solana$0
Holders Revenue 7d$6,819
Ethereum$3,018
Bitcoin$2,404
Tron$968
Litecoin$194.86
XRPL$83.66
Doge$54.47
Avalanche$39.84
Bitcoincash$26.43
THORChain$24.29
CosmosHub$6.87
Base$0
BSC$0
Solana$0
Holders Revenue 24h$1,373
Ethereum$694
Bitcoin$319
Tron$245
XRPL$43
Doge$38
Litecoin$15
Bitcoincash$6.73
Avalanche$6.42
CosmosHub$3.62
THORChain$2.56
Base$0
BSC$0
Solana$0
Cumulative Holders Revenue$2.4m
Ethereum$1.18m
Bitcoin$769,563
BSC$122,110.86
Avalanche$68,995.22
Bitcoincash$68,599.66
Litecoin$61,029.34
Doge$54,843.4
THORChain$23,306.72
Tron$16,356.83
CosmosHub$14,473.64
XRPL$13,146
Base$9,868.62
Solana$348.6
Terra Classic$0
Incentives 1y$0.42
$0.42
$0.42
$0.42
$166.55m
Earnings (Annualized)$2.16m
$117,004.58
$20,523.58
$4,125.58
-$158.37m
DEX Volume 30d$722.8m
DEX Volume 30d by chain
THORChain$722.8m
DEX Volume 7d$127.47m
THORChain$127.47m
DEX Volume 24h$25.2m
THORChain$25.2m
Cumulative DEX Volume$124.434b
THORChain$124.434b
Market Cap$142.86m
$RUNE Price$0.42
$149.56m
$142.86m
$RUNE Volume 24h$25.11m
CEX Volume$3.45m
DEX Volume$25.28m(100.71% of total)
$RUNE Liquidity$149.37m
thorchain-dex$64.13m
thorchain-dex$58.55m
thorchain-dex$6.42m
thorchain-dex$6.18m
thorchain-dex$5.93m
thorchain-dex$4.24m
thorchain-dex$2.4m
thorchain-dex$843,172
thorchain-dex$671,996
Protocol Information
THORChain facilitates cross-chain liquidity pools with no pegged or wrapped tokens.
Category:Dexs
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: Jul 15, 2021
Amount: $5m
Classification: Protocol Logic
Technique: Over-ride Logic Exploit
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: Jul 22, 2021
Amount: $8m
Classification: Protocol Logic
Technique: Refund Logic Exploit
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Date: May 15, 2026
Amount: $10m
Classification: Protocol Logic
Technique: Vault Churn Address Poisoning
Chains: Bitcoin, Ethereum, Base, BSC
Bridge Hack
Target Type: Chain
Competitors
Frequently Asked Questions
What is THORChain DEX?
THORChain facilitates cross-chain liquidity pools with no pegged or wrapped tokens.
What is THORChain DEX's TVL?
THORChain DEX currently has $53.71m in total value locked. TVL has decreased 0.9% over the past 30 days.
What chains does THORChain DEX operate on?
THORChain DEX operates on 13 chains: Bitcoin, Avalanche, BSC, Litecoin, and Doge and 8 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 $844,495 in fees. Of that, $117,005 was protocol revenue. Based on the trailing year, the annualized rate is $22.23m in fees and $2.16m in revenue.
What is the RUNE token price and valuation?
RUNE is currently trading at $0.42. Its circulating market capitalization is $142.86m, ranking it #285. Its fully diluted valuation is $149.56m. Supply currently stands at 338.19m circulating, 354.05m total supply, 354.05m maximum supply.
How has RUNE performed recently?
RUNE is down 4.6% over the past 7 days and down 0.3% over the past 30 days. Its all-time high is $20.87, reached on May 18, 2021. The token is currently 98% below that level.
How does THORChain DEX's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, THORChain DEX ranks #18 by TVL. The category holds $11.036b across 1,583 protocols, and THORChain DEX accounts for 0.5% of that total. Other leading protocols include Uniswap, PancakeSwap, and Curve Finance.
How much trading volume does THORChain DEX process?
THORChain DEX processed $722.8m in DEX volume over the past 30 days.
Has THORChain DEX ever been exploited?
THORChain DEX has 3 recorded security incidents. The most recent incident occurred on May 15, 2026 and involved $10m. It was classified as Protocol Logic.
