Ecosystem - THORChain

Explore the wallets, exchanges, and apps using THORChain's decentralized infrastructure - offering native Bitcoin and Ethereum swaps, yield, and more. Integrate Swap Earn …

THORWallet DEX is a mobile DeFi wallet. It's a non-custodial wallet with integrated cross-chain Dex. You can swap native tokens and manage your liquidity positions on THORChain, on/off ramp fiat, and more.

Trust Wallet is a self-custody wallet on iOS and Android that supports native RUNE and cross-chain swaps using THORChain.Vanir Threads creates NFTs which are exchangeable for handmade physical collectibles - including the THOR Force 1, a THORChain branded, handmade custom sneaker set

There a numerous innovations in the THORChain Protocol that were built with first principles to be decentralised, resistant to capture and sustainable as possible:

1. Capped Proof Of Bond validator selection keeps the network decentralised and Nakamoto Coefficient high.

2. 3-Day Validator Churning stops validator stagnation, proves spendability of funds and upgrades the network with minimal governance.

3. Asynchronous Network Upgrades allows validators to upgrade to a new protocol version in their own time, with the network upgrading without ever breaking consensus.

4. Chain-agnostic Bifrost Protocol handles UTXO, EVM, BFT and Cryptonote chain connections with minimal core-logic nuances.

5. Incentive Pendulum streams rewards to Validators and Liquidity Providers to target a Network Security ratio that always keeps funds secured.

6. Continuous Liquidity Pools that allows single-sided liquidity provision and uses liquidity-sensitive fees to resist price attacks.

7. Swap Queue that orders swaps based on price impact in each block, which stops sandwich attacks and most other forms of Miner Extractable Value (MEV).

8. Liquidity Synths to enable fast low-fee swaps across L1 pools and power single-sided Savers. Synths are a hybrid collaterised-pegged asset design that contribute to liquidity.

9. Derived Asset Collateral to enable L1 lending, using the RUNE asset to underwrite the liability. This enables no interest, no liquidation, no expiry loans.

3-Pillars of THORChain: Security, Liquidity, Volume

THORChain contributors work to three goals:

1. Improve the Security of the network, via either Functional (Solvency Checker, Node Pause, TxOut Throttler), Procedural (THORSec, Stagenet testing, PR reviews) or Economic (RUNE in the bond, or value of the $RUNE in the bond) Security.

2. Improve the Liquidity of the network, via Total Value Locked (TVL), or better UX around providing liquidity (Savers).

3. Improve the Volume of the network, via Swap UX (Synths, Order Books), or wallet Integrations (Quotes Endpoint, Dev UX, Business Development)