About THORSwap
Swap Layer 1 assets, earn yield and bond nodes on the leading DEX powered by THORChain.
Trading Insights
Searched
6
Market Stats
Market Cap
£9.12M
-5.09%
FDV
£13.03M
Circ. Supply
197M THOR
Max Supply
281M THOR
Total Supply
281M THOR
Diluted Valuation
£12.90M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£14.12K
-73.54%
Volume (7D)
£295.12K
Volume (30D)
£1.52M
All time high
£2.24
Price Change (1Y)
-73.69%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of THORSwap has decreased by 0.68% in the last hour and decreased by 3.90% in the past 24 hours. THORSwap’s price has also fallen by 0.44% in the past week. The current price is £0.0463 per THOR with a 24-hour trading volume of £14.12K. Currently, THORSwap is valued at 97.94% below its all time high of £2.24. This all-time high was the highest price paid for THORSwap since its launch.
The current circulating supply of THORSwap is 196,911,476 THOR which means that THORSwap has as total market cap of £9,123,918.29.
Market details
THOR vs markets
↘ 83.72%
THOR vs BTC
↘ 85.8%
THOR vs ETH
↘ 73.18%
Tags
defi
staking
cross-chain-dex-aggregator
cross-chain
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xa5f2211B9b8170F694421f2046281775E8468044 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0463 | ↘ 3.90% |
1 Day | £0.0481 | ↘ 3.90% |
1 Week | £0.0457 | ↘ 0.44% |
1 Month | £0.0469 | ↘ 2.82% |
1 Year | £0.18 | ↘ 73.69% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
The Thorswap is a DEX aggregator built using the cross-chain liquidity protocol implemented by THORChain. The platform functions as an interface to all THORChain services, including THORNames and Synthetic Assets. Besides these utilities, the THORSwap supports an open and inclusive cross-chain world that aims to make the platform and products decentralized, scalable, and secure. This structure facilitates users of the platform (such as liquidity providers, traders, and stakers) to be treated as first-class citizens, providing them with everything they need to operate on the platform.
According to the whitepaper, through THORSwap, users can access liquidity for more than 25 crypto-assets across primary Layer1 blockchains, including Bitcoin, Ethereum, Binance Chain, Dogecoin, Litecoin, and more. These cryptos are supported by THORChain on the platform. This THORChain is based on Tendermint and Cosmos-SDK, enabling cross-chain liquidity using Threshold Signature Schemes (TSS), allowing the assets to be moved based on user actions rather than being pinned or wrapped.
Besides these facilities, THORChain also allows users to place their tokens into vaults, process business logic (swaps, liquidity additions/removals), and execute outbound transactions. THORChain primarily functions as a leaderless vault manager, seeking to ensure that every step of the process is byzantine-fault tolerant. Byzantine Fault Tolerance refers to a computer system's ability to continue functioning even if some nodes fail or act maliciously. Additionally, THORChain aims to avoid centralization and capture while facilitating cross-chain liquidity. As a result, THORChain only secures assets in its vaults, providing economic guarantees that those assets are safe. In order to support this overall structure, THORChain introduced its cryptocurrency, the THOR token.
THOR is the native token of the entire THOR ecosystem and serves as a governance token, utility token, and proof of membership token. THOR encourages and optimizes the trading process and provides users with the following benefits:
Besides these benefits, the THOR provides users with Liquidity Pool rewards, mining rewards, trading fee gains, and the possibility to stake THOR for $vTHOR to receive cashback, fee discounts, governance rights, value accrual, and more with Version 2.0 of Single-Sided Thor Staking.
The first version of THORSwap was launched in 2020 and was restructured to its latest version in April 2021, which was launched as an interchain DEX based on THORChain's multi-chain chaos net (MCCN). The token of the platform has a maximum supply of 500,000,000 THOR.
We update our THORSwap to GBP currency in real-time. Get the live price of THORSwap on Coinbase.
The current market cap of THORSwap is £9.12M. A high market cap implies that the asset is highly valued by the market.
The all-time high of THORSwap is £2.24. This all-time high is highest price paid for THORSwap since it was launched.
Over the last 24 hours, the trading volume of THORSwap is £14.12K.
Assets that have a similar market cap to THORSwap include Wasder, XRP ARMY, Gram, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of THORSwap is 197 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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