About THORSwap
Swap Layer 1 assets, earn yield and bond nodes on the leading DEX powered by THORChain.
Get up to $200 for getting started
Sign me upTrading Insights
Searched
5
Market Stats
Market Cap
$13.70M
-6.83%
FDV
$19.67M
Circ. Supply
196M THOR
Max Supply
281M THOR
Total Supply
281M THOR
Diluted Valuation
$19.59M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$59.32K
175.04%
Volume (7D)
$368.47K
Volume (30D)
$1.51M
All time high
$3.01
Price Change (1Y)
-70.58%
Additional info about THORSwap
Recent trends
The latest THOR price is $0.0697. Compared to THORSwap's value of $0.07 from 24 hours ago, there's been a -7% decrease, while the current price is -16% down from $0.08 which was recorded one week ago. THORSwap's all time high is $3.01, which was reached on November 6, 2021. This is a -98% change from its price today.
The current circulating supply of THORSwap is 195,919,127. This is 70% of its max supply of 281,248,730 THOR and 70% of its total supply of 281,248,730. The market cap is currently $13.70M, which is a result of multiplying the current price of THORSwap($0.07) by the total supply(281,248,730 THOR). The fully diluted valuation of THORSwap is $19.67M. The diluted valuation of THORSwap is $19.67M.
Market details
THOR vs markets
↘ 77.94%
THOR vs BTC
↘ 80.16%
THOR vs ETH
↘ 57.12%
Tags
defi
staking
cross-chain-dex-aggregator
cross-chain
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0xa5f2211B9b8170F694421f2046281775E8468044 |
Price history
Time | Price | Change |
---|---|---|
Today | $0.0697 | ↘ 6.55% |
1 Day | $0.0747 | ↘ 6.55% |
1 Week | $0.0828 | ↘ 15.61% |
1 Month | $0.10 | ↘ 32.55% |
1 Year | $0.24 | ↘ 70.58% |
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 USD currency in real-time. Get the live price of THORSwap on Coinbase.
The current market cap of THORSwap is $13.70M. A high market cap implies that the asset is highly valued by the market.
The all-time high of THORSwap is $3.01. 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 $59.32K.
Assets that have a similar market cap to THORSwap include BITmarkets, Do Your Own Research, Trace Network Labs, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of THORSwap is 196 million.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
THORSwap calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.