VCID: 4894482
Main
Also known as
RUNE
Digital asset type
Decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin.
Blockchains
Blockchain
Overview
THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin. Users can stake digital assets in liquidity pools to earn yield from trading fees and rewards in RUNE tokens, THORChain's native token. THORChain utilizes its Continuous Liquidity Pool (CLP) to dynamically adjust trading fees based on transaction size.
Funding
Funding rounds
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Fork Ventures Pty Ltd | Investor in decentralised networks and digital assets. | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Multicoin Capital | Thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Exnetwork Capital | Investment firm focused on funding the innovation in the decentralization movement. | Philippines | Initial investment. Round participant. |
