
Thorchain (RUNE) is the 77th largest cryptocurrency in the world by market cap, valued at $884,000,000. The current price of Thorchain is $1.768, which is -5.505% lower than yesterday. Prices have ranged between $1.89 and $1.73 over the past 24 hours. All prices are listed in US dollars and accurate as of January 31, 2023 01:01 UTC.
Thorchain price chart
Price over the past month
What is Thorchain?
THORchain is a liquidity and interoperability system with an emphasis on facilitating secure cross-chain cryptocurrency transactions. The platform’s goal is simple: build bridges to enable anyone to securely and cheaply move any asset between any blockchain.
The first part of THORchain’s solution is liquidity pools, all of which are composed of RUNE tokens in combination with other assets. These pools serve as the source of swappable coins from different blockchains, while the RUNE token acts as an intermediary currency. Whenever you want to swap an asset from one blockchain to another, you have to make a trade through these pools.
The other part of THORchain’s solution are nodes that provide security to the network, build bridges to supported blockchains and ensure that all transactions are broadcast to the appropriate chains. When someone makes a cross-chain transaction using the liquidity pools, the nodes see it happen and then perform the actual on-chain transactions on the user’s behalf.
RUNE tokens are the native utility token of the THORchain network. As well as being a key component of liquidity pools, these tokens are also vital for the economic security of the platform and play a role in governance.
Thorchain at a glance
Basic stats for Thorchain
Thorchain news

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Thorchain performance over time
Thorchain fundamental and technical analysis
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