Dexs

THORChain DEX

Total TVL

$74.48M

Active pools

Chains supported

Overview

Thorchain DEX is a decentralized exchange that facilitates cross-chain swaps, enabling users to trade assets across different blockchain networks without the need for centralized intermediaries. The protocol attracts liquidity by offering competitive trading fees and incentives for both traders and liquidity providers.

The protocol holds $69.7M in TVL across 28 active pools on 8 chains. Thorchain dominates at 46%, followed by Bitcoin with 24%. Ethereum has a share of 21%, indicating a diversified footprint that spans multiple major blockchain networks, including both L1 and cross-chain solutions.

Audit posture is light, with only one audit reference in the data. The market cap of $154M sits below TVL, suggesting that token value does not fully reflect protocol assets under management. Thorchain DEX maintains an official website, indicating a presence for community engagement and governance.

Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.

TVL by chain

Chain	TVL on chain
Thorchain	$37.96M
Bitcoin	$17.08M
Ethereum	$11.22M
Binance	$2.05M
Bitcoincash	$1.62M
Avalanche	$1.12M
Doge	$1.10M
Ripple	$905.2K
Litecoin	$732.4K
Tron	$379.1K
Cosmos	$152.8K
Base	$85.2K
Solana	$65.4K

TVL history

TVL over time

FAQ

› What is THORChain DEX?

THORChain is a decentralized exchange (DEX) enabling native cross-chain swaps without wrapped assets or bridges. All trades occur on-chain and are permissionless.

› How much TVL does THORChain DEX have?

THORChain DEX has $74.48M in total value locked across all supported chains as of the last refresh.

› How many active pools does THORChain DEX have?

We currently track 0 active pools for THORChain DEX.

› Is THORChain DEX audited?

DefiLlama lists 1 audit for THORChain DEX. Audits reduce smart-contract risk but do not eliminate it.

See our methodology for how this data is collected.