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THORChain Price

THORChain Price (RUNE)

Contract Address: THOR.R...R.RUNE
$0.5803243
Page last updated: 5/13/26, 11:40 PM (UTC)

THORChain Market Stats

Popularity
#145
Market Cap
$203.6M
Volume (24hours)
$12.5M
Circulation Supply
350.8M•97.4%
Total Maximum Supply
360.1M
Fully Diluted Market Cap
$209M
Issue Date
Jun 20, 2019
Audits
CertiK
You Buy
THORChain Price
RUNE
You Spend
Rate
1 RUNE ≈ USD 0.5803243
Buy RUNE
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Binance
0.1%
Kraken
0.26%
Coinbase
1.99%

Price of THORChain Today

The live price of THORChain is $0.5803243 per (RUNE / USD) with a current market cap of $203.6M USD. 24-hour trading volume is $12.5M USD. RUNE to USD price is updated in real-time. THORChain is -2.25% in the last 24 hours with a circulating supply of 350.8M.

THORChain Price History

24H
7D
1M
3M
1Y

All Time High

$21.26

Current

$0.5803243

24H High

$0.6180146

24H Low

$0.5760257

24H Change

-2.25%

Crypto Market Sentiments

Fear & Greed Index

How do you feel about THORChain today?

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Note: This information is for reference only.
In the past 24 hours, Binance clients bought 0 RUNE worth $0
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Why Is THORChain (RUNE) Down Today?Powered by AI
27 minutes ago

RUNE's price has declined by approximately 5.8% over the past 24 hours, indicating a bearish trend.

Key factors:

  • Price Downtrend: RUNE has experienced a significant price drop of over 5% in the last 24 hours, accompanied by strong selling pressure.
  • Bearish Signals: Technical indicators like MACD and RSI are showing bearish momentum, suggesting potential for continued downward movement.
  • Development & Listings: Despite the price action, ongoing product development and potential new CEX listings could provide future upside.
Not advice. Information provided on an “as is” basis, without endorsement representation or warranty. Please DYOR.

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People Also Ask: Other Questions About THORChain

When Was THORChain Launched?

THORChain was first developed in 2018 by a group that was participating in a Dexathon — a Binance-sponsored coding competition. While THORChain did launch a beta version of its protocol that same year, the network transitioned in April 2021 and didn’t launch its full mainnet until June 2022.

What is RUNE Used For?

RUNE is used for all aspects of the THORChain ecosystem. One of its main functions is as a base pairing asset to swap any digital asset available on the platform. RUNE is also used in network governance for THORChain, as well as staking and bonding.

What is RUNE Bonding?

The RUNE bonding process entails an equivalent amount of RUNE pooled alongside assets that are pooled within the ecosystem. For instance, if $1 million worth of BTC is pooled in the ecosystem by peer liquidity providers, $1 million wirth RUNE will also be locked alongside this BTC as pooled liquidity.

How Do Network Consensus and Validation Work on THORChain?

THORChain operates as a Layer 1 blockchain solution that runs Tendermint and Threshold Signature Schemes (TSS), resulting in the network implementing a Byzantine Fault Tolerance (BFT) consensus mechanism. BFT prevents a network from being hijacked by isolating malicious nodes and protecting the rest of the network without interrupting its operations.

Who is the THORChain Founder?

THORChain is said to have no CEO, founders, or board. To this day, THORChain is still managed and operated by a team that remains largely anonymous. However, they do use Gitlab to manage future THORChain developments.

What is the Maximum Token Supply of RUNE?

RUNE has a maximum supply of 500 million tokens, with a circulating supply of approximately 327 million tokens at the time of writing.

What is Different About THORChain?

THORChain’s independent network sets it apart from many others that opt to develop Layer 2 protocols that do not operate independently. By pairing with RUNE, THORChain can pool and connect other Layer 1 digital assets. THORChain is also notable for having initially launched on Binance and the Ethereum mainnet.

How To Buy RUNE?

RUNE can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live RUNE price is updated in real time on Binance. Additional RUNE price and purchase information is available in our How to Buy THORChain (RUNE) Guide.

About THORChain (RUNE)

THORChain (RUNE) is a Layer 1 blockchain protocol based on Cosmos SDK and Tendermint, which help ensure the security of its protocol. According to THORChain itself, its main purpose is to enable the seamless swapping of Layer 1 cryptocurrency coins with one another in a hassle-free, fully decentralized, and permissionless setting.

Liquidity used for swapping on the network comes from assets locked into liquidity pools by token holders. They lock various assets into existing pools on the platform in exchange for yields and rewards. THORChain is noted for being an effective bridge to swap popular cryptocurrencies such as Bitcoin and Ethereum, as well as engage in yield-generating activities.

RUNE is THORChain’s native cryptocurrency token and is needed to facilitate THORChain’s implementation and operation. RUNE price is updated and available in real time on Binance.

Disclaimer

This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Not financial advice. For more information, see our Terms of Use and Risk Warning.