Thorchain (RUNE) Price, Charts & Market Data

Thorchain (RUNE) has several key uses within its ecosystem:

• Cross-Chain Swapping: The main use case of Thorchain is enabling users to swap assets directly between different blockchains without needing a centralised intermediary. It supports native swaps, meaning users do not have to wrap assets or use synthetic versions.

• Liquidity Provision: RUNE is used within liquidity pools to facilitate asset swaps. Users can provide liquidity in exchange for earning fees, with RUNE being used to balance the pools.

• Network Security: RUNE is bonded by the validators (nodes) that secure the network. These nodes are required to bond RUNE to participate, ensuring they have a vested interest in the network's security and smooth operation.

• Governance: RUNE is also used to govern the protocol. RUNE holders can participate in governance decisions related to the protocol's development and future upgrades.

• Settlement Asset: RUNE serves as the settlement asset within the network, acting as the base currency for transactions between different blockchain assets.

Mainnet - https://viewblock.io/thorchain

ERC-20 - https://etherscan.io/token/0x3155ba85d5f96b2d030a4966af206230e46849cb

BEP2 - https://explorer.binance.org/asset/RUNE-B1A