Loading chart...
Thorchain Overview
Thorchain News
Loading news...
About Thorchain
Created in 2018 by CEO and founder Chad Barraford, Thorchain (RUNE) is a decentralized liquidity network for cross-chain cryptocurrency swaps, allowing users to trade their digital assets across various blockchain networks without the need for centralized exchanges. The platform is non-custodial, allowing users to maintain control of their assets. Thorchain aims to create a trustless and decentralized trading ecosystem with a unique "chaosnet" mechanism that facilitates quick and efficient trades. It also allows users to participate in liquidity pools, earning rewards for providing liquidity to the platform, ensuring that there is always sufficient liquidity available for trading.
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
Thorchain Markets
Loading markets...
Thorchain Platforms
Loading platforms...
Learn About Thorchain
Sui Stock Searches Hit All-Time Highs But Traders Miss the Real Story
Google Trends for "sui stock" increased by 340% from the start of January to mid-March 2026. Its all-time high in search volume reached during the same week SUI price failed to rally above $1. Hard to miss the irony. Thousands of retail investors are searching for a stock ticker that doesn't exist and not searching for the actual crypto asset that's trading at $0.97 with $589 million TVL for its Layer 1 blockchain and a futures market that just experienced a 50% liquidation cycle. The mainstream narrative is buying into this as a cute onboarding story. It's not. The "sui stock" search phenomenon reveals a structural onboarding failure for crypto projects, and it's costing both Sui and the retail investors looking for it.
Thorchain Market Data
The live Thorchain price today is $0.42 USD with a 24-hour trading volume of $4,286,916.85 USD. We update our RUNE to USD price in real-time. Thorchain is down 4.51% in the last 24 hours.
The current market cap is $156,249,799.44 USD, ranking #169 by market capitalization. The circulating supply is 351,099,949 RUNE out of a max supply of 500,000,000 RUNE.