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THORChain Price (RUNE)
$5.20
0.59%
THORChain Price Chart (RUNE/USD)
Last updated 21 Nov 2024, 06:20AM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 Binance |
RUNE / USDT | $0.95266500 | 0.10% | $2,128,518 | |
| 2 |
Binance |
RUNE / BUSD | $1.00 | 0.20% | $1,350,607 | |
| 3 |
 AscendEX (BitMax) |
RUNE / USDT | $0.93574500 | 0.43% | $918,816 | |
| 4 |
Binance |
RUNE / ETH | $1.28 | 0.09% | $485,941 | |
| 5 |
Binance |
RUNE / EUR | $1.56 | 0.25% | $479,546 | |
| 6 |
Binance |
RUNE / BNB | $1.56 | 0.17% | $361,313 | |
| 7 |
 CoinTiger |
RUNE / USDT | $1.75 | 0.02% | $267,045 | |
| 8 |
 HitBTC |
RUNE / BTC | $1.46 | 0.39% | $176,668 | |
| 9 |
 Bitget |
RUNE / USDT | $0.95549600 | 0.13% | $160,488 | |
| 10 |
Binance |
RUNE / BTC | $1.18 | 0.14% | $148,745 | |
| 11 |
 Deepcoin |
RUNE / USDT | $0.94019400 | 0.42% | $106,223 | |
| 12 |
 Bitazza |
RUNE / USDT | $0.94635600 | 0.53% | $93,156 | |
| 13 |
Binance |
RUNE / TRY | $1.61 | 0.40% | $91,885 | |
| 14 |
 BingX |
RUNE / USDT | $0.94214400 | 0.95% | $91,646 | |
| 15 |
 KuCoin |
RUNE / USDT | $0.94077500 | 0.14% | $64,550 | |
| 16 |
 MEXC Global |
RUNE / USDT | $0.94077300 | 1.37% | $52,210 | |
| 17 |
Binance |
RUNE / GBP | $1.57 | 0.27% | $51,943 | |
| 18 |
 Crypto.com Exchange |
RUNE / BTC | $1.42 | 0.40% | $21,853 | |
| 19 |
 Kraken |
RUNE / USD | $0.93700000 | 1.05% | $20,374 | |
| 20 |
 Bitvavo |
RUNE / EUR | $0.94215400 | 0.20% | $19,915 | |
| 21 |
Bitazza |
RUNE / THB | $0.94162900 | 0.71% | $18,437 | |
| 22 |
 Gate.io |
RUNE / USDT | $0.93961800 | 0.21% | $17,615 | |
| 23 |
KuCoin |
RUNE / USDC | $1.28 | 0.23% | $15,619 | |
| 24 |
KuCoin |
RUNE / BTC | $1.77 | 0.09% | $14,134 | |
| 25 |
 Pionex |
RUNE / BTC | $0.98733700 | 0.43% | $13,677 | |
| 26 |
Crypto.com Exchange |
RUNE / USDT | $0.94617500 | 0.32% | $11,144 | |
| 27 |
 Zipmex |
RUNE / THB | $2.08 | 0.81% | $10,262 | |
| 28 |
Crypto.com Exchange |
RUNE / USDC | $1.58 | 0.06% | $8,881 | |
| 29 |
 Bybit (Spot) |
RUNE / USDT | $0.95323400 | 0.31% | $8,870 | |
| 30 |
Gate.io |
RUNE / ETH | $0.93929000 | 0.62% | $6,746 | |
| 31 |
 CoinEx |
RUNE / BTC | $0.85142100 | 0.60% | $6,386 | |
| 32 |
Crypto.com Exchange |
RUNE / USD | $0.93950000 | 1.16% | $5,110 | |
| 33 |
 Nominex |
RUNE / BNB | $1.05 | 0.23% | $4,547 | |
| 34 |
Zipmex |
RUNE / SGD | $2.07 | 1.19% | $4,198 | |
| 35 |
Zipmex |
RUNE / AUD | $2.08 | 1.19% | $4,008 | |
| 36 |
Zipmex |
RUNE / USD | $2.08 | 1.17% | $3,858 | |
| 37 |
Nominex |
RUNE / BTC | $1.04 | 0.29% | $3,358 | |
| 38 |
Nominex |
RUNE / ETH | $1.47 | 0.12% | $3,240 | |
| 39 |
CoinEx |
RUNE / USDT | $1.02 | 0.57% | $2,416 | |
| 40 |
Gate.io |
RUNE / USD | $1.57 | 0.27% | $2,272 | |
| 41 |
 CoinDCX |
RUNE / INR | $0.99676100 | 2.22% | $2,156 | |
| 42 |
Kraken |
RUNE / EUR | $0.94429100 | 1.50% | $1,718 | |
| 43 |
 Hotbit |
RUNE / USDT | $0.53155100 | 3.67% | $799 | |
| 44 |
 Bancor Network |
RUNE / BNT | $2.46 | 0.62% | $605 | |
| 45 |
Nominex |
RUNE / TRY | $1.53 | 0.35% | $513 | |
| 46 |
 WazirX |
RUNE / INR | $0.99676100 | 1.20% | $492 | |
| 47 |
Zipmex |
RUNE / IDR | $2.07 | 1.18% | $424 | |
| 48 |
Zipmex |
RUNE / USDT | $2.07 | 1.37% | $397 | |
| 49 |
 ProBit Global |
RUNE / USDT | $0.95623200 | 1.64% | $40 | |
| 50 |
ProBit Global |
RUNE / BTC | $0.92855100 | 1.27% | $20 |
RUNE Price Statistics
- THORChain Price Now $5
- 24h Low / 24h High $5 / $5
- Trading Volume $508,088,089
- Market Cap Rank #66
- Market Cap $1,765,641,922
- Volume / Market Cap 0.2878
-
All-Time High
$21 -75.00%
May 19, 2021 -
All-Time Low
$0 61,183.90%
Sep 28, 2019
THORChain: Revolutionizing Cryptocurrency Interoperability
Introduction
Cryptocurrencies have taken the financial world by storm, offering new and improved ways of conducting transactions securely and efficiently. However, one significant challenge that the crypto community faces is the lack of interoperability between different blockchain networks. This is where THORChain enters the scene, aiming to bridge the gap between cryptocurrencies and enable seamless communication and transactions across multiple blockchains.
What is THORChain?
THORChain is an innovative decentralized liquidity protocol that runs on the blockchain. It serves as a bridge between various cryptocurrencies, allowing users to swap assets from one blockchain network to another directly. By eliminating the need for third-party intermediaries, THORChain offers faster and more cost-effective cross-chain transactions.
How does THORChain work?
THORChain operates on a unique algorithm called Continuous Liquidity Pools (CLP), which facilitates asset swaps in a decentralized manner. CLP maintains liquidity by using arbitrage, ensuring that the prices quoted are accurate and creating a fair market for users.
When a user wants to swap one cryptocurrency for another, THORChain identifies the necessary liquidity pools and uses smart contracts to complete the transaction. These liquidity pools consist of funds provided by liquidity providers who earn fees for offering liquidity to the network. The funds are locked and collateralized, ensuring the security and integrity of the system.
THORChain also utilizes its native token, RUNE, to facilitate transactions and incentivize network participation. RUNE is used as the medium of exchange and can be staked by liquidity providers to earn additional rewards.
Benefits of THORChain
1. Interoperability: THORChain allows cryptocurrencies to interact and work seamlessly across various blockchain networks, fostering cross-chain collaboration and improving overall efficiency.
2. Liquidity: With the help of liquidity providers, THORChain ensures that there is sufficient liquidity available for users to swap assets without the risk of losing value due to slippage.
3. Security: THORChain's trustless and decentralized nature ensures the security of transactions and reduces the risk of hacks or manipulation.
4. Cost-Efficiency: By eliminating intermediaries, THORChain minimizes transaction fees and enables users to conduct transactions at a lower cost compared to traditional methods.
Conclusion
THORChain is an innovative project aiming to solve the interoperability issues in the world of cryptocurrencies. By providing a decentralized liquidity protocol, THORChain enables seamless cross-chain transactions, making it easier for users to navigate across different blockchain networks. With its unique algorithm and emphasis on security, THORChain has the potential to revolutionize the way cryptocurrencies operate.