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THORChain Price Today
24H
1W
1M
1Y
ALL
Market Capitalization | Fully Diluted Valuation | Circulating Supply |
|---|---|---|
Rp 35,99 Trillion | Rp 43,56 Trillion | 343.987.761 RUNE |
Maximum Supply | Global Volume (24 Hours) | Total Value Locked |
500.000.000 RUNE | Rp 8,2 Trillion | Rp 5,08 Trillion |
Market Capitalization | Rp 35,99 Trillion |
|---|---|
Fully Diluted Valuation | Rp 43,56 Trillion |
Circulating Supply | 343.987.761 RUNE |
Maximum Supply | 500.000.000 RUNE |
Global Volume (24 Hours) | Rp 8,2 Trillion |
Total Value Locked | Rp 5,08 Trillion |
The data is obtained from coingecko.com and is presented for informational purposes, not as financial advice.
About THORChain
THORChain was conceptualized in 2018 by a team participating in a Binance Dexathon (decentralized exchange coding competition). THORChain facilitates cross-chain liquidity and reduces the need for centralized exchanges and third parties within the Defi space. It enables cross-chain swaps and yield generation on crypto-assets like Bitcoin and Ethereum.
THORChain is a layer-1 network based on the Cosmos SDK and Tendermint. THORChain works as a cross-chain permissionless Decentralized Exchange (DEX). It also uses Threshold Signature Schemes (TSS) to secure its leaderless asset vault. Tendermint and TSS provide a layered Byzantine Fault Tolerance (BFT) consensus mechanism, and a two-thirds majority consensus is required for funds to enter and exit the primary TSS vault.
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