THORChain is a decentralized liquidity protocol that enables native cross-chain swaps — no bridges, no wrapped assets. Trade BTC, ETH, BNB, ATOM, and more directly from your wallet.

🌐 What is THORChain?

THORChain is a decentralized cross-chain liquidity protocol that allows users to swap native assets across different blockchains — without wrapped tokens or centralized intermediaries. With THORChain, you can trade Bitcoin for Ethereum, BNB for ATOM, and more in a single transaction, directly from your wallet.

It’s the first protocol to enable native asset swaps between major chains like Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos, Litecoin, and others — fully on-chain, trustless, and non-custodial.

🛠️ How THORChain Works

At the core, THORChain operates as a cross-chain automated market maker (AMM) that uses a native asset — $RUNE — as the settlement layer between different tokens. Liquidity providers (LPs) contribute to THORChain pools and earn fees when users trade between chains.

Unlike bridges or synthetic assets, THORChain uses threshold signature schemes (TSS) to manage and secure real native assets on each connected chain — offering real ownership, true decentralization, and high security.

🔑 Key Features of THORChain

🔁 Native Cross-Chain Swaps

Swap real BTC for real ETH, not wrapped assets. THORChain is the only protocol offering trustless, instant settlement of native tokens across chains.

🔐 100% Self-Custodial

You control your assets — always. Connect your wallet, sign transactions, and trade directly from your keys.

💸 Earn by Providing Liquidity

Add assets to THORChain’s pools and earn trading fees. Liquidity providers also benefit from impermanent loss protection over time.

🧠 Chain-Agnostic UX

Use the same simple swap interface across multiple blockchains. No need to bridge, wrap, or learn chain-specific tools.

🌍 Multichain Support

Trade across these networks (and more):

• Bitcoin
• Ethereum
• BNB Chain
• Cosmos/ATOM
• Avalanche
• Litecoin
• Bitcoin Cash

🪙 $RUNE Token Utility

The $RUNE token powers the THORChain ecosystem by:

• ⚖️ Acting as settlement between all token pairs
• 🔐 Securing the network through bonding and incentives
• 💰 Rewarding liquidity providers and node operators
• 🗳️ Enabling governance and protocol upgrades

Holding $RUNE aligns your incentives with the growth of the entire THORChain network.

🧰 THORChain Ecosystem Tools

• THORSwap – DEX frontend for THORChain
• Skip.exchange – Simplified swaps
• Asgardex – Native desktop DEX
• XDEFI Wallet / Ledger – Supported wallets
• THORWallet DEX – Mobile-native interface
• Nine Realms – Infrastructure & dev ecosystem contributor

📊 THORChain vs Traditional Bridges

FeatureTHORChainTraditional BridgesNative Asset Swaps✅ Yes❌ No (wrapped tokens)Custody✅ Decentralized❌ Centralized/multisigSupported Chains🟢 Multi-chain🔴 Often limitedSpeed⚡ Fast🐢 Slower, riskySecurity Model🔒 Bonded Nodes❗ Attack-prone

❓FAQs

Q: Is THORChain a bridge? A: No. THORChain is a DEX protocol that swaps native assets directly — no wrapping, no bridging.

Q: Can I trade real BTC and ETH? A: Yes. THORChain is one of the few platforms where you can swap native BTC for native ETH and vice versa.

Q: What wallets support THORChain? A: Wallets like XDEFI, Ledger, THORWallet, Keplr, and Trust Wallet work with THORChain.

Q: What is impermanent loss protection? A: THORChain gradually protects liquidity providers from impermanent loss after 100 days of providing liquidity.

🚀 Ready to Swap Across Chains?

1. Connect your wallet (Ledger, XDEFI, THORWallet)
2. Choose the tokens you want to swap (e.g. BTC → ETH)
3. Confirm the transaction
4. Done — real assets, directly settled on-chain

👉 Launch THORSwap 👉 View Docs 👉 Join the Community on Discord