Currencies26320
Market Cap$ 1.15T-1.44%
24h Spot Volume$ 10.34B+46.4%
BTC Dominance44.23%-0.61%
ETH Gas11 Gwei
Cryptorank
Report issue
THORChain

THORChainRUNEPrice $ 1.70

Rank: 73

1311 Watchlists

Chain

Tags (Sub-Categories):

Explorers

RUNE Price

$ 1.70
0.86%

0.0000652

2.93%
Low
High
$ 1.66$ 1.71

About THORChain

THORChain is a decentralised liquidity network allowing permissionless and instant cross-network asset swaps and cross-currency decentralised finance.

Ad

Socials

THORChain Price

The THORChain to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

RUNE Price Statistics

    Market Cap

    $ 511.69M

    Ƀ 19.61K

    FDMC

    $ 849.88M

    ATH Market Cap

    $ 5.08B

    24h Trade Volume

    $ 11.27M

    Ƀ 432.16

    Vol (24h) / MCap

    0.0221

    All Time High

    $ 20.95

    19 May 2021

RUNE to USD Converter

IEO ENDED:

20 Jul — 21 Jul 2019

Price

$ 0.032

ROI

53.18x (+5,217.7%)

ATH ROI

654.65x (+65,364.9%)

Raise

$ 320,000

Tokens For Sale

10,000,000

THORChain Monthly Returns (USD)

THORChain Quarterly Returns (USD)

THORChain Closing Price (USD) - Quarterly

RUNE - USD Price Change

PeriodChangeChange (%)HighLow
24H$ 0.0146+0.86%$ 1.71$ 1.66
7D-$ 0.248-12.7%$ 1.98$ 1.66
14D$ 0.230+15.6%$ 1.98$ 1.45
30D$ 0.293+20.8%$ 1.98$ 1.38
3M$ 0.722+73.6%$ 1.98$ 0.917
6M$ 0.366+27.4%$ 1.98$ 0.785
YTD$ 0.427+33.5%$ 1.98$ 0.785
1Y$ 0.114+7.16%$ 1.98$ 0.785
3Y$ 1.22+252%$ 20.95$ 0.352

THORChain Annual Price (USD) Change

THORChain Markets

What is THORChain (RUNE)?

THORChain is a layer-1 protocol that allows users to transfer cryptocurrencies between blockchains instantly. Essentially, it enables users to trade crypto assets across various blockchains in a completely decentralized way.

The THORChain project was founded in 2018 under the premise that using centralized exchanges to transfer crypto-assets between different blockchains had existing problems. Thus, THORChain’s team envisioned an independent blockchain that could bridge to external networks and thus facilitate cross-chain transfers, in a similar way to DEXs work.

At its launch, Thorchain supported assets from Bitcoin, Ethereum, Bitcoin Cash, Binance Smart Chain, and Litecoin, and has continually been expanding for other tokens and assets since.

What are THORChain’s key features and how does it work?

It uses an automated market maker (AMM) model similar to that of Uniswap. THORChain’s native token RUNE acts as the base pair for swaps. Thorchain deploys an adapted lending system of Bancor’s continuous lending pools to facilitate trades. In these trades, all assets are deposited in liquidity pools shared with one other asset, which is Thorchain’s native token, RUNE. 

RUNE is swapped against other assets in all trades. For example, if a user is swapping asset A to asset B, the protocol would conduct two trades. First, it would swap asset A for RUNE, and then RUNE for B. RUNE double swapping is what allows for decentralized swapping of assets across chains non-custodial.

THORChain uses a proof-of-stake consensus mechanism, which means node operators earn RUNE tokens for securing the network and validating swaps. Traders can earn a percentage of trading fees when they stake their assets and provide liquidity, thus becoming liquidity providers RUNE is a utility token used for governance, staking, bonding, rewards, and trading.

Staking RUNE also gives users votes on governance proposals.

Where can you buy RUNE?

THORChain’s native token RUNE can be bought from any of the CEXs and DEXs as listed here.

THORChain Price Today

THORChain's current price is $ 1.70, it has increased +0.86% over the past 24 hours.

THORChain's All Time High (ATH) of $ 20.95 was reached on 19 May 2021, and is currently -91.9% down.

The current circulating supply of THORChain is 300.70 Million tokens, and the maximum supply of THORChain is 500.00 Million.

THORChain’s 24 hour trading volume is $ 11.27 Million.

THORChain's current share of the entire cryptocurrency market is 0.04%, with a market capitalization of $ 511.69 Million.

You can find more details about THORChain on its official website and on the block explorer.