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Market Data & Token Stats
| Fully Diluted Valuation | $7.33M |
|---|---|
| 24H Trading Volume | $5,222 |
| 24H Low / High | $0.02775 / $0.03625 |
| Circulating Supply | 254.43M |
| Total Supply | 254.43M |
| Max Supply | 500.00M |
Market Health Signals
| Vol / MC Ratio | 0.07% Very Low |
|---|---|
| Circulating Ratio | 100.00% Very High |
Key Project Information
| Categories | Decentralized Finance (DeFi) 2 more |
|---|---|
| Founder | Anonymous |
| Website | thorswap.finance |
| Socials | 1 more |
| Chains | Ethereum Ecosystem |
| Explorer | Arkm 3 more |
| Contracts |
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THORSwap Social Audit & Score Breakdown
OG Score
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THORSwap (thor) Verified Crypto OG Reviews
Is THORSwap safe or a scam? Read verified Crypto OG reviews about THORSwap
$thor Markets
| Name | Pair | OG Score |
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About THORSwap
THORSwap emerges as a noteworthy player in the world of decentralized finance (DeFi), offering a multi-chain decentralized exchange (DEX) experience built on THORChain's cross-chain liquidity protocol. This article delves into the key features of THORSwap and the underlying THORChain infrastructure, focusing on its cross-chain trading capabilities.
THORSwap: Facilitating Cross-Chain Swaps
THORSwap operates as a multi-chain DEX aggregator, enabling decentralized and non-custodial swaps between 5,000+ native assets across 9+ blockchains. The platform eliminates the need for wrapped or pegged assets and centralized intermediaries, providing users with a decentralized and secure trading environment.
Currently supporting cross-chain L1 swaps between 20+ crypto assets across 5+ blockchains, THORSwap facilitates seamless transactions within the decentralized financial ecosystem.
SwapKit: Enhancing Cross-Chain Services
THORSwap offers SwapKit, an API/SDK suite providing users with cross-chain services, including native cross-chain trading, DEX aggregation, yield farming and analytics tools. This suite enhances the user experience by offering a range of tools for navigating the decentralized financial landscape.
Community-Driven Philosophy
THORSwap emphasizes an open and inclusive multi-chain future, treating the community and protocol users as first-class citizens. The native protocol token, $THOR, reflects this philosophy, with majority ownership vested in the community. This community-driven approach aligns with THORSwap's commitment to decentralization.
THORChain: The Backbone of Cross-Chain Decentralized Exchange
THORSwap relies on THORChain, a Layer-1 blockchain developed using the Cosmos SDK and the Tendermint consensus protocol. Operating as a cross-chain, permissionless DEX, THORChain utilizes an automated market maker (AMM) model. The security of its decentralized asset vault is maintained through Threshold Signature Schemes (TSS), establishing a Byzantine Fault Tolerance (BFT) consensus mechanism.
Conclusion
In summary, THORSwap and THORChain represent a notable presence in the decentralized finance landscape. THORSwap's user-friendly interface and cross-chain capabilities, coupled with THORChain's robust blockchain infrastructure, contribute to a decentralized trading environment. As the decentralized finance space evolves, THORSwap serves as an example of the potential of multi-chain DeFi, offering users a gateway to decentralized financial ecosystems with a focus on security and community-driven principles.
THORSwap prioritizes security through the use of Threshold Signature Schemes (TSS) within THORChain's infrastructure, ensuring the safety of decentralized asset vaults and maintaining a Byzantine Fault Tolerance (BFT) consensus mechanism.
What is unique about THORSwap (THOR)?
THORSwap stands out for its multi-chain DEX aggregator, enabling decentralized swaps between 5,000+ native assets across 9+ blockchains without wrapped assets or centralized intermediaries.
Who are the founders of THORSwap (THOR)?
THORSwap doesn’t have any CEO, or founder. It is a community driven project.
Who are the backers/investors of THORSwap (THOR)?
IDEO CoLab Ventures, 0xVentures, True Ventures and Sanctor Capital are some of THORSwap's backers and investors.
Where can I buy THORSwap (THOR)?
CoinEx, Sushiswap
Information in this section carefully collected and curated from publicly available data from official sources, including the THORSwap Official Website and THORSwap X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.