left-cornerleft-corner
coin_icon

THORChain

THORChain Performance

Live rune Price

₹432.72

percent_change_icon

1.11%

Price Changes

₹4.8

percent_change_icon

1.11%

24h Low

₹427.97

24h High

₹447.33

THORChain Value in Currency

Quantity

rune

RUNE

reversible icon

Price

flag

INR

TRADE NOW

Crypto Returns Calculator

chevron_down

BUY
cs_pro_theme_plus

ADD ASSET TO COMPARE

Select a coin to compare

chevron_down

coin_icon

ZRX

0x

coin_icon

1INCH

1inch

coin_icon

API3

Api3

coin_icon

ARPA

Arpa

coin_icon

AAVE

Aave

coin_icon

AERO

Aerodrome finance

coin_icon

AEVO

Aevo

coin_icon

AST

Airswap

coin_icon

AKT

Akash network

coin_icon

ACH

Alchemy pay

coin_icon

ALGO

Algorand

coin_icon

TLM

Alien worlds

coin_icon

ALT

Altlayer

coin_icon

ADX

Ambire adex

coin_icon

AMP

Amp

coin_icon

ANKR

Ankr

coin_icon

APE

Apecoin

coin_icon

APT

Aptos

coin_icon

ARB

Arbitrum

coin_icon

ARKM

Arkham

coin_icon

FET

Artificial superintelligence

coin_icon

AR

Arweave

coin_icon

ASTR

Astar

coin_icon

AUDIO

Audius

coin_icon

AVAX

Avalanche

coin_icon

AXS

Axie infinity

coin_icon

BOME

Book of meme

coin_icon

1MBABYDOGE

Baby doge coin

coin_icon

BAKE

Bakeryswap

coin_icon

BANANA

Banana gun

coin_icon

BAND

Band protocol

coin_icon

BAT

Basic attention token

coin_icon

BICO

Biconomy

coin_icon

BNB

Binance coin

coin_icon

BTC

Bitcoin

coin_icon

BCH

Bitcoin cash

coin_icon

TAO

Bittensor

coin_icon

BLAST

Blast

coin_icon

BLUR

Blur

coin_icon

BONK

Bonk

coin_icon

AUCTION

Bounce token

coin_icon

BB

Bouncebit

coin_icon

BRETT

Brett (based)

coin_icon

COTI

Coti

coin_icon

ADA

Cardano

coin_icon

CTSI

Cartesi

coin_icon

CATI

Catizen

coin_icon

CELR

Celer network

coin_icon

TIA

Celestia

coin_icon

CELO

Celo

coin_icon

CGPT

Chaingpt

coin_icon

LINK

Chainlink

coin_icon

CHZ

Chiliz

coin_icon

CHR

Chromia

coin_icon

C98

Coin98

coin_icon

COMP

Compound

coin_icon

CFX

Conflux

coin_icon

CVX

Convex finance

coin_icon

ATOM

Cosmos

coin_icon

CRV

Curve dao token

coin_icon

CYBER

Cyber

coin_icon

DIA

Dia

coin_icon

DOGS

Dogs

coin_icon

DAI

Dai

coin_icon

DASH

Dash

coin_icon

DEXE

Dexe

coin_icon

MANA

Decentraland

coin_icon

DEGEN

Degen

coin_icon

DGB

Digibyte

coin_icon

DOGE

Dogecoin

coin_icon

DRIFT

Drift

coin_icon

DYM

Dymension

coin_icon

EOS

Eos

coin_icon

EIGEN

Eigenlayer

coin_icon

EGLD

Elrond

coin_icon

ENJ

Enjin coin

coin_icon

ENA

Ethena

coin_icon

ETH

Ethereum

coin_icon

ETC

Ethereum classic

coin_icon

ENS

Ethereum name service

coin_icon

ERN

Ethernity chain

coin_icon

FLOKI

Floki

coin_icon

FTM

Fantom

coin_icon

FIL

Filecoin

coin_icon

NEIRO

First neiro on ethereum

coin_icon

FXS

Frax share

coin_icon

GAS

Gas

coin_icon

GNS

Gains network

coin_icon

GALA

Gala

coin_icon

GTC

Gitcoin

coin_icon

GMX

Gmx

coin_icon

GNO

Gnosis

coin_icon

GLM

Golem

coin_icon

G

Gravity

coin_icon

HMSTR

Hamster kombat

coin_icon

ONE

Harmony

coin_icon

HBAR

Hedera

coin_icon

HNT

Helium

coin_icon

IOST

Iost

coin_icon

ILV

Illuvium

coin_icon

IMX

Immutablex

coin_icon

INJ

Injective

coin_icon

ICP

Internet computer

coin_icon

IOTX

Iotex

coin_icon

JOE

Joe

coin_icon

JST

Just

coin_icon

JASMY

Jasmycoin

coin_icon

JTO

Jito

coin_icon

JUP

Jupiter

coin_icon

KAS

Kaspa

coin_icon

KSM

Kusama

coin_icon

KNC

Kyber network

coin_icon

ZRO

Layerzero

coin_icon

LDO

Lido dao

coin_icon

LQTY

Liquity

coin_icon

LISTA

Lista dao

coin_icon

LTC

Litecoin

coin_icon

LPT

Livepeer

coin_icon

LRC

Loopring

coin_icon

OM

Mantra

coin_icon

MKR

Maker

coin_icon

MANTA

Manta network

coin_icon

MNT

Mantle

coin_icon

MASK

Mask network

coin_icon

MEME

Memecoin

coin_icon

MTL

Metal

coin_icon

METIS

Metis

coin_icon

DAR

Mines of dalarnia

coin_icon

ALICE

My neighbor alice

coin_icon

MYRO

Myro

coin_icon

NEAR

Near protocol

coin_icon

XEM

Nem

coin_icon

NEO

Neo

coin_icon

NKN

Nkn

coin_icon

XNO

Nano

coin_icon

CKB

Nervos network

coin_icon

NOT

Notcoin

coin_icon

NMR

Numeraire

coin_icon

ORDI

Ordi

coin_icon

OMG

Omisego

coin_icon

ONDO

Ondo

coin_icon

EDU

Open campus

coin_icon

OP

Optimism

coin_icon

ORDER

Orderly network

coin_icon

OGN

Origin protocol

coin_icon

POL

Pol (ex-matic)

coin_icon

CAKE

Pancakeswap

coin_icon

PENDLE

Pendle

coin_icon

PEPE

Pepe

coin_icon

PERP

Perpetual protocol

coin_icon

PHA

Phala network

coin_icon

PIXEL

Pixels

coin_icon

DOT

Polkadot

coin_icon

MATIC

Polygon

coin_icon

POLYX

Polymesh

coin_icon

POPCAT

Popcat (sol)

coin_icon

POWR

Power ledger

coin_icon

PYTH

Pyth network

coin_icon

QNT

Quant

coin_icon

QKC

Quarkchain

coin_icon

RDNT

Radiant capital

coin_icon

RAY

Raydium

coin_icon

RENDER

Render

coin_icon

RNDR

Render token

coin_icon

REZ

Renzo

coin_icon

REN

Republic protocol

coin_icon

REQ

Request

coin_icon

RSR

Reserve rights

coin_icon

XRP

Ripple

coin_icon

RPL

Rocket pool

coin_icon

SKL

Skale

coin_icon

ID

Space id

coin_icon

GMT

Stepn

coin_icon

SUNDOG

Sundog

coin_icon

SFP

Safepal

coin_icon

SEI

Sei

coin_icon

SHIB

Shiba inu

coin_icon

AGIX

Singularitynet

coin_icon

SOL

Solana

coin_icon

FIDA

Solana name service

coin_icon

SXP

Solar

coin_icon

STX

Stacks

coin_icon

STG

Stargate finance

coin_icon

STRK

Starknet

coin_icon

SNT

Status

coin_icon

XLM

Stellar

coin_icon

STORJ

Storj

coin_icon

SUI

Sui

coin_icon

SUN

Sun (new)

coin_icon

SUPER

Superverse

coin_icon

SUSHI

Sushi

coin_icon

SYN

Synapse

coin_icon

SNX

Synthetix network token

coin_icon

RUNE

Thorchain

coin_icon

LUNA2

Terra 2.0

coin_icon

USDT

Tether

coin_icon

XTZ

Tezos

coin_icon

GRT

The graph

coin_icon

SAND

The sandbox

coin_icon

TFUEL

Theta fuel

coin_icon

THETA

Theta network

coin_icon

TON

Toncoin

coin_icon

TRX

Tron

coin_icon

TRU

Truefi

coin_icon

TWT

Trust wallet token

coin_icon

TURBO

Turbo

coin_icon

UMA

Uma

coin_icon

USDC

Usd coin

coin_icon

UXLINK

Uxlink

coin_icon

UNI

Uniswap

coin_icon

VANRY

Vanar chain

coin_icon

VET

Vechain

coin_icon

XVS

Venus

coin_icon

VOXEL

Voxies

coin_icon

PYR

Vulcan forged (pyr)

coin_icon

WOO

Woo

coin_icon

WAVES

Waves

coin_icon

WLD

Worldcoin

coin_icon

W

Wormhole

coin_icon

XAI

Xai

coin_icon

YGG

Yield guild games

coin_icon

ZIL

Zilliqa

coin_icon

ELF

Aelf

coin_icon

BCUT

Bitscrunch

coin_icon

MEW

Cat in a dogs world

coin_icon

DYDX

Dydx

coin_icon

WIF

Dogwifhat

coin_icon

XEC

Ecash

coin_icon

ETHFI

Ether.fi

coin_icon

RLC

Iexec rlc

coin_icon

IO

Io.net

coin_icon

YFI

Yearn.finance

coin_icon

ZK

Zksync

chevron_down

BUY

What is THORChain (RUNE)?

THORChain is a blockchain platform that allows users to swap cryptocurrencies across various blockchain networks without intermediaries. The platform’s main focus is to create bridges between blockchains and enable non-custodial, frictionless, and decentralized swaps. It is powered by its native token RUNE which facilitates cross-chain trades and governance and incentivizes liquidity providers. 

Who founded THORChain (RUNE)?

THORChain (RUNE) was founded by anonymous developer/developers in 2018.

Primary features of THORChain (RUNE)

• Cross-chain swaps: One of the primary features of the THORChain network is its decentralized, cross-chain swaps with different blockchain networks without using wrapped tokens or intermediaries.

• RUNE token: RUNE token has several utilities within the ecosystem such as paying fees within the network, reward liquidity providers, and staking to secure the network and also earn staking rewards. 

• Liquidity providers: On the THORChain network, users can provide liquidity in native assets like Bitcoin or Ethereum and earn fees for facilitating trades.

• Non-custodial: THORChain is non-custodial, meaning users have full control of their assets throughout the swapping process.

Is RUNE a promising cryptocurrency?

RUNE is the native currency of the THORChain Network, a decentralized protocol that can provide liquidity to different platforms. The token was launched in 2019 and has been around in the crypto market for over 4 years, establishing itself as a prominent cryptocurrency. As of September 2024, RUNE ranks at #52 with a market cap of $1.33B. The token has a trading volume of $140.77M, ranking at #41 in the overall trading volume. It has an all-time high of $21.26, recorded on May 19, 2021. Technical experts predict the token to trade around $20.22 by 2030, making it a promising crypto. 

Download the CoinSwitch app to invest in RUNE.

How do I use RUNE?

• RUNE can be bought and sold from crypto exchanges.

• Token holders can stake their RUNE tokens to secure the THORChain network and earn passive rewards.

• RUNE token holders can participate in the governance of the protocol. 

• RUNE token is used to pay fees within the platform and to reward liquidity providers.

Pros & Cons of THORChain (RUNE)

Pros

• THORChain Network enables decentralized, cross-chain swaps with different blockchain networks.

• THORChain is non-custodial, so users have full control of their assets.

• Users can earn RUNE tokens by providing liquidity to the network.

Cons

• RUNE is subject to market volatility which may impact its price. 

• In 2021, the THORChain Network suffered a hack, raising concerns about its safety.

• The concept of cross-chain swaps might be difficult to understand for novice crypto traders.

How to trade in THORChain (RUNE) on CoinSwitch?

• To trade in THORChain (RUNE), download the CoinSwitch app.

• You can start with as low as ₹100.

• Trade cryptos like RUNE at a nominal fee with CoinSwitch.

THORChain (RUNE) ICO summary

THORChain had an Initial DEX Offering (IDO) instead of an Initial Coin Offering (ICO), where RUNE tokens were distributed through a decentralized exchange. IDO, as the name suggests, is a type of crowdfunding conducted on decentralized exchanges (DEX) where participants can acquire tokens using established cryptocurrencies. THORChain raised $1.5 million in its IDO which was conducted in July 2019.

Tags

Compare With Other Asset

coin

0x

down_chevron
coin_iconTHORChain
coin_icon0x

Price

₹0

₹0

24h Price Difference %

₹0

₹0

7d Price Difference %

₹0

₹0

Market Capquestion

-

-

24h Trade Volumequestion

-

-

Circulating Supplyquestion

-

-

Market Rankquestion

-

-

FAQ's on THORChain

1. What is the THORChain (RUNE) coin?

chevron_down

THORChain (RUNE) is a decentralized liquidity protocol that enables users to swap assets across different blockchains without the need for intermediaries. It facilitates cross-chain trading by providing liquidity pools that support various cryptocurrencies, including Bitcoin and Ethereum. The RUNE token serves as the native asset of the THORChain network, providing security and incentivizing liquidity providers. As more assets are deposited into the protocol, the value of RUNE is designed to increase, making it integral to the platform’s functionality.

2. How does THORChain (RUNE) cryptocurrency work?

chevron_down

THORChain (RUNE) operates as a decentralized liquidity protocol, allowing users to swap native assets across various blockchains such as Bitcoin and Ethereum. The protocol utilizes liquidity pools, where users provide assets and receive rewards in RUNE. Each pool requires a 1:1 ratio of RUNE to the asset being pooled, which ensures liquidity and stability. RUNE acts as the settlement asset for all transactions within the network, facilitating trades and incentivizing liquidity providers. Additionally, RUNE holders can participate in governance decisions and earn rewards through liquidity provision.

3. Is THORChain (RUNE) safe?

chevron_down

The safety of THORChain (RUNE) as an investment and platform is subject to various factors. On one hand, THORChain provides a decentralized liquidity network that allows cross-chain swaps, which offers unique benefits for users. However, there are concerns regarding its reliability and security, as highlighted by discussions around risks and potential flaws in the network. Users should consider their risk tolerance and the project’s past performance before investing.

4. Is THORChain (RUNE) a good investment?

chevron_down

THORChain (RUNE) may be considered a good investment option due to its unique position as a decentralized liquidity protocol that facilitates cross-chain asset swaps. Analysts have suggested that RUNE could experience significant price appreciation, with predictions indicating potential values of $1.55 in the near term, increasing to around $4.82 by 2025. Additionally, some discussions highlight its growing utility in the decentralized finance (DeFi) space, which can enhance its attractiveness for long-term investors. However, potential investors should consider market volatility and their own risk tolerance.

Highlight

THORChain is a decentralized cross-chain protocol that can provide liquidity to different platforms.

coin_logo

Thorchain Price Statistics

RUNE Price Today

RUNE Price

432.72

Price Change 24h

percent_change_icon

1.11%

Price Change 7d

percent_change_icon

2.74%

Market Rank

#50

Market Cap

₹14,226 Cr.

Trade Vol 24h

1,159 Cr

Circulating Supply

34 Cr. RUNE

Trading Activity

25% Buy75% Sell

Download App Now

arrow_icon