RUNE Specifications

Type

TOKEN

Algorithm

Protocol

Start Date

29/10/2019

Max Supply

500,000,000

Circ. Supply

352,054,941

Website

Explorer

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Info

THORChain (RUNE) is a decentralized liquidity protocol that facilitates seamless cross-chain swaps, enabling users to trade native assets across multiple blockchains without intermediaries. By eliminating the need for wrapped tokens, THORChain ensures true asset interoperability. The RUNE token powers liquidity pools, secures the network and is accessible on major exchanges, providing liquidity for its ecosystem.

Market Impact

THORChain has transformed decentralized finance by offering a seamless solution for native cross-chain swaps. Its elimination of wrapped tokens has simplified asset transfers and attracted a broad range of DeFi projects. The availability of RUNE on global exchanges has boosted its liquidity, solidifying its role as a cornerstone of cross-chain DeFi infrastructure.

History

THORChain was launched in 2019 to address the lack of cross-chain interoperability in the blockchain ecosystem. It introduced an automated market maker (AMM) model combined with a unique Continuous Liquidity Pool (CLP) mechanism to enable efficient asset swaps. Over the years, RUNE has gained traction through integrations with major blockchains like Bitcoin and Ethereum, securing its presence on leading exchanges.

Features

Native Asset Swaps
THORChain enables direct swaps of native assets across blockchains, eliminating the need for synthetic or wrapped tokens.
Continuous Liquidity Pools
RUNE secures decentralized liquidity pools, ensuring efficient and trustless asset exchanges between blockchains.
Interoperability at Scale
THORChain supports major blockchains like Bitcoin, Ethereum and Binance Chain, providing seamless cross-chain functionality.

Website

Explorer

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*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.