THORChain price today, RUNE to USD live price, marketcap and chart

THORChain enables native asset settlement, allowing users to swap Bitcoin, Ether, Stablecoins, and other coins across 9 distinct blockchains. THORChain acts as a decentralised cross-chain exchange, facilitating native asset settlement.

THORChain uses a unique slip-based fee system to help mitigate the issue of “impermanent losses” — or the often temporary losses that a liquidity provider can experience when contributing to liquidity pools. It achieves this by using a slip-based fee to help ensure liquidity stays where it is needed.

THORChain uses deterministic swap ordering to order its trades by the amount of liquidity fees paid. This approach eliminates frontrunning, sandwich attacks, and MEV strategies.

THORChain combines a range of novel technologies, including on-way state pegs, a state machine, the Bifröst Signer Module and a TSS protocol to seamlessly facilitate cross-chain token swaps permissionlessly. This is all kept behind the scenes, making the platform accessible to even inexperienced traders.

THORChain enables Streaming Swaps which allow large swaps to be broken up into many smaller swaps over time, which significantly reduces swap fees for users.