#108 rank
Thorchain rune
Thorchain Price in USD
$1.17
0.39%0.001 ETH
0 BTC
Price Change
MIN
MAX
Thorchain Price Statistics
Current Price
$1.17
Market Volume
$354,852,164
Fully Diluted MarketCap
$590,042,405
Total Volume
21,455,411
Total Supply
500,000,000
Circulating Supply
300,700,561
Price Change 24h
$0.005
0.389%Market Cap Change 24h
$3,735,916
1.064%All Time Low
$0.009
13,771.057%Historical Data for Thorchain
| Date | Open | High | Low | Close | Change % |
| 3 Jun 2023 | $1.18 | $1.18 | $1.16 | $1.18 | 0% |
| 2 Jun 2023 | $1.13 | $1.16 | $1.13 | $1.14 | 0.885% |
| 1 Jun 2023 | $1.12 | $1.14 | $1.12 | $1.12 | 0% |
| 31 May 2023 | $1.16 | $1.17 | $1.15 | $1.16 | 0% |
| 30 May 2023 | $1.17 | $1.17 | $1.16 | $1.16 | -0.854% |
| 29 May 2023 | $1.15 | $1.17 | $1.14 | $1.17 | 1.74% |
| 28 May 2023 | $1.14 | $1.15 | $1.14 | $1.14 | 0% |
| 27 May 2023 | $1.14 | $1.15 | $1.12 | $1.14 | 0% |
| 26 May 2023 | $1.12 | $1.13 | $1.09 | $1.12 | 0% |
| 25 May 2023 | $1.08 | $1.12 | $1.08 | $1.12 | 3.513% |
RUNE Price Live Data
Thorchain price today is USD 1.17 and the trading volume in 24 hour is USD 21,455,411. Price change in the RUNE price in the last 24 hour is 0.005 . It has a circulating supply of 300,700,561 coins and a total supply of 500,000,000. Total market cap of the RUNE is USD 354,852,164 which has the movement of 1.064 in the last 24 hours
What is THORChain?
Using ThorChain, traders can seamlessly move from Bitcoin to Ethereum, Terra, etc., without registering for an exchange or going through KYC, like on Centralized Exchanges(CEXs). Hence, users are minimally exposed to custody and counterparty risks.
While DEXs like Uniswap are limited to the Ethereum ecosystem, THORChain is cross-chain. It allows users to swap/exchange assets from different blockchains, including Bitcoin, Ethereum, Litecoin, Terra, etc.
RUNE is the native token of THORChain. It is used as the base currency and used for platform governance and security
The Team Behind THORChain
Thorchain was built by an anonymous team. It has no CEO or founder. Instead, development is organized through Gitlab.
It is created in such a way to protect the project from regulatory scrutiny and ensure it can decentralize
Top Value Drivers For THORChain
The main reasons to invest in THORChain include:
- One of the few Cross-Chain Decentralized Exchanges(DEX) where users can swap between assets like Bitcoin and Ethereum without an intermediary like Binance
- Liquidity Providers(LPs) do not experience Impermanent Loss(IL), a temporary loss liquidity providers face when contributing to liquidity pools.
- It uses a Slippage based fee(Slip-based Fee) instead of a fixed percentage fee to help assure liquidity stays where needed.
- All fees generated go directly to the users, and there are no provisions for the team.
- It uses its own Layer 1 blockchain instead of relying on another blockchain like Ethereum
Trending Coins
FAQs
The current price of Thorchain is USD 1.17.
Highest and lowest price of Thorchain is USD 1.19 and USD 1.17 respectively.
The total supply of Thorchain is 500,000,000 and circulating supply of Thorchain is 300,700,561
The trading volume of Thorchain is 21,455,411 in the last 24 hours.