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THORChain logo THORChain (RUNE)

DeFinda Score™

An impartial, objective analysis of THORChain's features to help you compare it with other coins.
Market Cap
8
Development
5
Community
4
Liquidity
6
Search Results
6
Price to ATH
1

Rune is the native coin of the Thorchain protocol. Thorchain is a cross-chain decentralized exchange built on the Cosmos SDK. Users can exchange, trade, buy, and sell different cryptocurrencies using the Thorchain protocol. Rune is used as an intermediary currency on the platform. Thorchain protocol uses an automated market maker (AMM) model and allows users to stake their Rune coins in return for rewards.

With a total market cap of over $562 million, THORChain is the No. 55 cryptocurrency by market size. The currency symbol for THORChain is RUNE and it originated in Switzerland. THORChain is the token issued by the Thorchain platform. There will only ever be 500 million THORChain tokens issued. So far 300 million tokens (60.1% of the total supply) have been issued.

We found crypto protocols offering up to 22.7% APY on THORChain deposits (22.7% APY CeFi, 1.3% APY DeFi). Check out our THORChain staking yields table for further details.

THORChain Price History

Simple Chart Advanced Chart

19.9%

7 Days

14.1%

30 Days

89%

60 Days

12.3%

1 Year
All Time Low
$0.00851 USD
28 Sep 2019
3 years and 359 days ago
All Time High
$20.90 USD
19 May 2021
2 years and 125 days ago

Will the Price of THORChain Go Up or Down?

The technical price analysis for THORChain below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of THORChain.

THORChain User Sentiment

Currently 91% of users are positive about THORChain.

THORChain Reviews

THORChain YouTube Reviews

THORChain FAQs

ATHORChain originated from Switzerland.
AThe highest price that THORChain ever reached was $20.87 USD. This all time high price occured on 19 May 2021.
AThe lowest price that THORChain ever reached was $0.0085126 USD. This all time low price occured on 28 Sep 2019.
AYes you can find the THORChain Reddit channel at https://reddit.com/r/thorchain.
ATHORChain is part of the Cosmos and Injective ecosystems.
AYes, staking is available for THORChain on a number of platforms. For a full list of THORChain staking yields see our list of THORChain staking yields.
AYou can earn up to 22.7% APY by staking your THORChain tokens. Check out our THORChain staking yields table for further details.
ARight now the best staking rates are on Coinbase with an income rate of up to 22.7% APY.
AThe best CeFi staking rate that we could find for THORChain is on Coinbase with an income rate of up to 22.7% APY and the best DeFi staking rate is on Sushi Swap with an income rate of up to 1.3% APY.
AYou can check the technical indicators for THORChain on the THORChain Price Trend tab. These indicators are based on the analysis of multiple trading signals for THORChain.
AYou can find the cheapest exchange on which to buy THORChain on the THORChain Buy tab.
AAlmost all THORChain loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is THORChain flash loans which allow you to borrow uncollateralised THORChain for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all THORChain loans on the THORChain Loans tab.
AThe following venture capital firms have invested in THORChain: Exnetwork Capital and Multicoin Capital.

THORChain Comparisons

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