Details about THORChain (ERC20) cryptocurrency
€784,113 ( -1.18219%)
€590
3,459,457
3,459,457
34.672
Unknown
https://thorchain.org/
@thorchain_org
668440x
€151528
THORChain (ERC20) price charts
RUNE exchanges
THORChain (ERC20), the crypto
THORChain (ERC20) (RUNE) is a decentralized liquidity network that allows users to swap assets across different blockchains in a permissionless and non-custodial manner. It is an ERC20 token that powers the network and is used for transactions and liquidity provision.
The point
The main point of THORChain is to provide a trustless cross-chain liquidity network that enables users to swap assets without the need for a centralized intermediary. It aims to solve the problem of liquidity fragmentation across different blockchains and create a seamless experience for users to exchange assets.
The problem
THORChain aims to solve the problem of liquidity fragmentation across different blockchains. Currently, decentralized exchanges (DEXs) are limited to their own blockchain, which means that assets on different chains cannot be easily traded. Furthermore, centralized exchanges (CEXs) require users to trust them with their assets and are susceptible to hacks and regulatory risks. THORChain tries to provide a trustless, decentralized alternative to both DEXs and CEXs, enabling seamless cross-chain asset trading without the need for a centralized intermediary.
Compare RUNE and BTC performance
| Timeframe | RUNE | BTC |
|---|---|---|
| 1h change | -0.196576 % | -0.125138 % |
| 24h change | -3.56 % | 0.547531 % |
| 7 day change | 22.6 % | 0.799047 % |
| 14 day change | -4.68 % | -8.06332 % |
| 30 day change | 3.43 % | -7.21923 % |
| 200 day change | -71.57 % | 127.49 % |
| Year change | -91.38 % | 133.811 % |