THORChain is a network that facilitates native asset settlement between various blockchains including Bitcoin, Ethereum, BNB Chain, Cosmos, and more. Overall, THORChain aims to provide a seamless and efficient way for users to exchange assets across different blockchains while maintaining a high level of decentralization, security, and community participation.

Fireblocks offers secure custody and transfer for RUNE, with plans to enable RUNE staking and efficient access to THORChain’s decentralized liquidity protocol features.

About THORChain

THORChain consists of an exchange and automatic market maker (AMM) built into an app chain with three primary products: cross-chain swaps, liquidity provision, and lending. Users can interact from 8 blockchains including Bitcoin, Ethereum, and other UTXO, Cosmos, and EVM chains. THORChain provides infrastructure for wallets, aggregators, and dApps to provide swap, earn, and borrow functionality to their users. A large and highly liquid exchange for native Bitcoin, THORChain offers top-tier security guarantees and price execution.

RUNE is the native asset of THORChain, used as collateral by validators and as liquidity in the exchange.

How Fireblocks supports THORChain

Fireblocks users can do the following with THORChain:

• Custody RUNE in their Fireblocks Vault
• Securely transfer RUNE on the Fireblocks Network

THORChain: At a glance

• THORChain has powered over $60B in lifetime swap volume
• As of writing, THORChain’s current TVL is over $1B
• THORChain’s top markets include BTC, ETH, USDT, and DOGE
• There are over 100k THORChain addresses that have held a balance
• THORChain has processed over 18 million swaps