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THORChain DEX(RUNE)
Total Value Locked$74.84m
TVL by Chain
THORChain$38.22m
Bitcoin$17.14m
Ethereum$11.26m
BSC$2.06m
Bitcoincash$1.63m
Avalanche$1.12m
Doge$1.1m
XRPL$908,486
Litecoin$733,442
Tron$380,379
CosmosHub$153,574
Base$85,332
Solana$65,020
Key Metrics
Fees 30d$3.34m
Fees 30d by chain
Bitcoin$975,515
Ethereum$960,504
XRPL$772,400
THORChain$379,539
Litecoin$75,911
BSC$51,843
Tron$45,128
Bitcoincash$33,930
Avalanche$20,327
Doge$12,035
Base$11,410
CosmosHub$5,315
Solana$301
Fees 7d$814,177
Ethereum$333,296
Bitcoin$281,799
THORChain$116,262
Litecoin$29,809
Bitcoincash$15,142
Tron$12,800
BSC$8,318
XRPL$8,034
Avalanche$4,108
Doge$2,111
Base$2,026
CosmosHub$472
Solana$0
Fees 24h$30,223
Bitcoin$7,971
Ethereum$7,895
THORChain$5,737
Litecoin$2,962
Bitcoincash$2,893
BSC$970
Tron$849
Avalanche$309
Doge$259
XRPL$234
Base$83
CosmosHub$61
Solana$0
Cumulative Fees$174.03m
Ethereum$59.55m
THORChain$49.98m
Bitcoin$33.38m
BSC$17.04m
Litecoin$2.86m
Avalanche$2.77m
Bitcoincash$2.54m
Doge$2.17m
Terra Classic$1.12m
XRPL$1.05m
CosmosHub$838,679
Tron$491,219
Base$217,528
Solana$7,666
Revenue 30d$966,710
Revenue 30d by chain
Bitcoin$319,821
Ethereum$313,084
XRPL$250,551
Litecoin$24,282
BSC$17,326
Tron$14,125
Bitcoincash$10,768
Avalanche$6,711
Doge$4,028
Base$3,618
CosmosHub$1,655
THORChain$643.84
Solana$96
Revenue 7d$214,637
Ethereum$102,558
Bitcoin$86,679
Litecoin$9,146
Bitcoincash$4,596
Tron$3,873
BSC$2,537
XRPL$2,474
Avalanche$1,259
Doge$644
Base$622
CosmosHub$143.53
THORChain$104.28
Solana$0
Revenue 24h$7,267
Bitcoin$2,374
Ethereum$2,341
Litecoin$880
Bitcoincash$857
BSC$282
Tron$242
Avalanche$92
Doge$77
XRPL$70
Base$24
CosmosHub$18
THORChain$10
Solana$0
Cumulative Revenue$9.25m
Ethereum$4.04m
Bitcoin$2.86m
BSC$969,104
XRPL$289,534
Litecoin$225,227
Bitcoincash$210,653
Avalanche$185,145
Doge$148,234
Tron$128,493
Terra Classic$56,159
CosmosHub$56,110
THORChain$55,283
Base$31,439
Solana$1,376
Holders Revenue 30d$51,086
Holders Revenue 30d by chain
Ethereum$20,987
Bitcoin$18,142
XRPL$7,708
Litecoin$1,420
BSC$777.88
Tron$696.71
Bitcoincash$490.09
Avalanche$399.50
Doge$236.72
Base$135.27
CosmosHub$53.02
THORChain$34.77
Solana$6.27
Holders Revenue 7d$6,920
Ethereum$3,307
Bitcoin$2,796
Litecoin$295.15
Bitcoincash$147.04
Tron$124.57
BSC$81.39
XRPL$79.46
Avalanche$40.60
Doge$20.77
Base$20.03
CosmosHub$4.64
THORChain$3.35
Solana$0
Holders Revenue 24h$232
Bitcoin$76
Ethereum$75
Litecoin$28
Bitcoincash$27
BSC$8.95
Tron$7.65
Avalanche$2.95
Doge$2.47
XRPL$2.24
Base$0.76
CosmosHub$0.58
THORChain$0.32
Solana$0
Cumulative Holders Revenue$2.48m
Ethereum$1.21m
Bitcoin$796,372
BSC$123,010
Avalanche$69,628
Bitcoincash$69,330
Litecoin$63,885
Doge$55,295
THORChain$23,433
XRPL$21,182
Tron$19,839
CosmosHub$14,578
Base$10,032
Solana$355.13
Terra Classic$0
Incentives 1y$0.80
$0.80
$0.80
$0.80
$166.55m
Earnings (Annualized)$2.92m
$966,709
$214,636
$7,266
-$157.3m
DEX Volume 30d$2.381b
DEX Volume 30d by chain
THORChain$2.381b
DEX Volume 7d$637.61m
THORChain$637.61m
DEX Volume 24h$22.44m
THORChain$22.44m
Cumulative DEX Volume$127.29b
THORChain$127.29b
Market Cap$263.77m
$RUNE Price$0.80
$284.09m
$271.36m
$RUNE Volume 24h$44.51m
CEX Volume$18.91m
DEX Volume$25.47m(57.22% 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 $74.84m in total value locked. TVL has increased 38.5% 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 51.1%.
How much has THORChain DEX generated in fees and revenue?
Over the past 30 days, THORChain DEX generated $3.34m in fees. Of that, $966,710 was protocol revenue. Based on the trailing year, the annualized rate is $20.95m in fees and $2.92m in revenue.
What is the RUNE token price and valuation?
RUNE is currently trading at $0.80. Its circulating market capitalization is $262.54m, ranking it #235. Its fully diluted valuation is $282.77m. Supply currently stands at 328.59m circulating, 353.91m total supply, 353.91m maximum supply.
How has RUNE performed recently?
RUNE is up 5.8% over the past 7 days and up 68.1% over the past 30 days. Its all-time high is $20.87, reached on May 18, 2021. The token is currently 96.2% 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 $14.848b across 1,935 protocols, and THORChain DEX accounts for 0.5% 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 $2.381b 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.