I'M ADDING THIS TO MY WATCHLIST

🚹 $RUNE SUPPLY FELL FROM 1 BILLION TO
JUST 354 MILLION
 BUT THERE’S A CATCH 👀

THORChain has dramatically reduced RUNE’s total supply over the years.

Here’s the timeline:

đŸ”„ 2019: Supply cut from 1B to 500M RUNE.

đŸ”„ April 2026: ADR-023 removed roughly 65M RUNE from the protocol reserve.

đŸ”„ Today: Total supply sits around 354M RUNE.

But the bigger question is what happens next.

THORChain still burns a portion of system income, but that allocation was recently reduced from 5% to 1% as more income is directed toward protocol-owned liquidity.

That creates two forces to watch:

📉 Less total supply than before.

🔄 A changing balance between permanent burns and liquidity growth.

If THORChain activity grows, will real network demand matter more than the declining burn rate? 👀

$RUNE