تورچین RUNE / THORChain

## What Is THORChain (RUNE)? THORChain is the first cross-chain decentralized exchange (DEX) to swap Bitcoin, without using bridges or wrapped assets.

THORChain currently supports swapping between 13 different blockchains. They are:

Bitcoin Ethereum XRP Ledger BNB Smart Chain Solana TRON Dogecoin Bitcoin Cash Litecoin Avalanche Cosmos Base THORChain

What Makes THORChain (RUNE) Unique?

Swapping on THORChain is permissionless and censorship resistant. No KYC is required.

THORChain makes it possible for people to stop using centralized exchanges (CEXs) for swapping tokens cross-chain.

People can use any self-custody wallet in the world to swap, without having to connect the wallet to a website. Users don't need to own RUNE or have a THORChain wallet in order to swap on THORChain.

There are no block rewards on THORChain. 100% of the revenue on the network is real money paid by real users.

There are no more token unlocks. The circulating supply has been distributed since 2023.

When did THORChain (RUNE) launch?

THORChain was conceptualized in 2018 by a team participating in a Binance Dexathon (decentralized exchange coding competition). The first whitepaper was published in July 2018.

The RUNE token was launched on June 19, 2019. THORChain conducted an IDO on July 20, 2019.

In June 2020, the first public test net was launched. In August 2020, Single Chain Chaos Net (SCCN) was launched. SCCN only had BNB Beacon Chain tokens available to swap.

In April 2021, Multi Chain Chaos Net (MCCN) launched. This marked the first time in history crypto users could swap between 5 different blockchains on a DEX, from self-custody wallets, and without using wrapped tokens. Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BNB), Bitcoin Cash (BCH), and Litecoin (LTC) were the first 5 tokens available to swap.

MCCN was rolled out as a guarded launch, where a cap was placed on the size of liquidity pools to reduce the potential loss of funds. As bugs and problems with the code were ironed out, the self-imposed limitations on the network were slowly lifted.

After several months of stable performance, the development team announce mainnet in June 2022.

Since then, THORChain has become the largest DEX for swapping bitcoin with $118 billion in total volume as of December 2025.

## What's Next for THORChain (RUNE)? Work is being done to add the following blockchains to THORChain: