THORChainRUNE

About THORChain (RUNE)

THORChain is a decentralized cross-chain liquidity protocol that enables native asset swaps across different blockchains. Unlike bridge-based solutions, THORChain uses continuous liquidity pools to swap BTC, ETH, and other native assets directly.

How THORChain Prices Are Determined

THORChain prices are determined by supply and demand across global cryptocurrency exchanges. Key factors include trading volume, market sentiment, regulatory developments, technological upgrades, and macroeconomic conditions. Prices can vary between exchanges due to liquidity differences and regional demand.

Frequently Asked Questions

What is THORChain?

THORChain is a decentralized protocol that enables cross-chain asset swaps without wrapped tokens or bridges. Users can swap native Bitcoin for native Ethereum (and other assets) directly through THORChain's continuous liquidity pools, maintaining full asset sovereignty.

How do THORChain swaps work?

THORChain uses a network of nodes that hold assets on multiple chains. When you swap BTC for ETH, you send BTC to a THORChain vault, and the network sends ETH from another vault. RUNE serves as the settlement asset, and all pools are paired with RUNE.

What is RUNE used for?

RUNE is the native asset of THORChain used for settlement, security, and governance. It is required in every liquidity pool (paired with other assets), bonded by node operators as security, and used to pay transaction fees. The protocol's security is directly tied to RUNE's value.